The XRP Ledger Foundation confirmed on February 26, 2026, that a critical vulnerability in the signature-validation logic of the proposed Batch amendment was identified and patched before activation, averting a potential exploit that could have allowed attackers to execute unauthorized transactions and drain funds without access to victim private keys.

February 26, 2026, Ripple officially announced a historic turning point in the XRP Ledger ecosystem support model: shifting from a funding system dominated by a single enterprise for the past nine years to a distributed financing network driven by community DAOs, venture capital, regional entities, and academic institutions. This strategic adjustment is not merely a transfer of funding allocation rights but a reconstruction of the underlying logic of XRPL governance. Although XRP's price fell back to $1.41 following the announcement, the market's real concern is whether this institutional reform can, in the medium to long term, foster genuine on-chain activity and institutional adoption. This article will deeply analyze the industry implications of this upgrade from perspectives such as funding flow, governance structure, market disagreements, and multi-scenario simulations. Ripple Reshapes Ecosystem Financing: From Centralized to Distributed Governance