XRP to introduce staking features? The CTO discusses the "dual-layer consensus model": Adding a DeFi yield layer to XRP
The veteran public chain Ripple is exploring the feasibility of introducing a staking feature, bringing new appeal to its spot ETF market. How can this be achieved? (Background: Analyzing the distribution of XRP chips, who holds the most Ripple coins?) (Additional background: Five Ripple XRP spot ETFs have been listed on DTCC, and trading will begin on Nasdaq as early as this week.) After Trump was re-elected as President of the United States, the veteran public chain Ripple not only ended its prolonged legal battle with the U.S. SEC, but its token XRP (which was previously accused by the SEC of being an illegal security) finally welcomed its first spot ETF product, officially trading on the U.S. stock market this month. However, as funds attempt to enter the Ripple ETF, investors' realistic demand for greater returns also comes into play: XRP does not have the same appeal as Ethereum or