A migration alert has been sent out to validators on the XRP Ledger, emphasizing the importance of transitioning from the old XRPL Foundation, now called the Inclusive Financial Technology Foundation, to the new XRPL Foundation. As part of this significant migration, the default Unique Node List (UNL) that was published by the old foundation is also being updated.
Currently, the new XRPL Foundation UNL is active, and validators are being urged to modify their rippled configuration to trust this new list. Those who continue to rely on the old UNL risk their validator nodes failing to load the trusted validators list from September 30, 2025. A complete shutdown of access to the old UNL is scheduled for January 18, 2026, when it will be officially deprecated.
If validators do not update their configurations by these deadlines, they may find themselves unable to connect to the network, especially if they depend solely on the outdated UNL. This could lead to further disruptions for those referencing both the legacy list and other validating lists, reiterating the urgency of this migration process.
In a timely reminder, Vet, a validator using the dUNL on the XRP Ledger, highlighted the impending migration deadline in a recent post, marking it as only eight days away and stressing the necessity to adopt the new validator list and keys to ensure continued connectivity.
In a related development, the Axelar Network has announced the launch of mXRP, a new yield-bearing liquid staked token designed to enhance decentralized finance (DeFi) on the XRP Ledger. This innovative product, emerging from a collaboration between Midas and Interop Labs, offers XRP holders the opportunity to earn up to 10% annual percentage yield (APY).
The mXRP token, which is deployed through the new XRPL EVM using audited smart contracts, allows for the tokenization of XRP assets. Axelar facilitates the bridging of XRP into the protocol, thereby extending access across more than 80 blockchains. As of the latest reports, XRP is trading at approximately $2.84, signaling continued interest and activity within the ecosystem.