Categories: MarketsMenafn

XRPL Layer-2 Evernode Halts Transactions

As of Jan. 21, Evernode (EVR), the XRP Ledger-based layer-2 scaling solution, has experienced a minor setback since its launch. 

The glitch, detailed by Evernode on its X account, is attributed to the rapid expansion of node hosts, impacting transaction settlements.

XRPL’s Evernode Challenges for Growth

Despite the initial delay, Evernode’s launch garnered significant attention, evidenced by its participation in the EVR airdrop and the subsequent growth in node operators. The current hiccup, though affecting transaction settlements, is viewed as a sign of growth for the network and the evolution of the XRP Ledger.

https://twitter.com/EvernodeXRPL/status/1749006285658533949?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

The Evernode/Xahau Explorer reflects the ongoing investigation, revealing sporadic transactions, including transfers of 31.69 EVR and 88.94 EVR. While the node glitch presents challenges, it is seen as an opportunity for the platform to enhance its protocol’s bandwidth in response to the burgeoning adoption.

The Evernode team plans to share more details as the investigation progresses. This incident aligns the L2 network with other protocols, like Solana and Shiba Inu’s Shibarium. They all face initial network challenges but successfully overcame them through targeted engineering efforts and upgrades.

Parallels are drawn with the experiences of other protocols, suggesting potential growth and stability ahead for XRPL’s L2 in the evolving landscape of layer-2 scaling solutions.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

SANS Institute Brings Cybersecurity Training and Expert-Led Sessions to GISEC Global 2025

Dubai, UAE, 8th May 2025, ZEX PR WIRE, SANS Institute, the global leader in cybersecurity training…

9 hours ago

Bitdefender GravityZone PHASR Endpoint Security Debuts in the Middle East at GISEC Global

Industry-First Solution Sets a New Standard for Attack Surface Reduction and Endpoint Security Through Dynamic,…

9 hours ago

TXOne Networks Makes a Grand Entrance at GISEC

Engineering Enterprise Resilience with the Latest OT Cybersecurity Solutions Dubai, UAE, 8th May 2025, ZEX…

9 hours ago

Check Point Software Deepens Commitment to UAE Cyber Security with Local Investments and Strategic Partnerships at GISEC 2025

The company reinforces its leadership by scaling regional support, strengthening alliances and empowering local customers…

9 hours ago

Memecoins Lead Crypto Surge as Bitcoin Nears $100K: Analysis

Cryptocurrency prices have soared on U.S. President Donald Trump being set to announce a trade…

14 hours ago

CyberE71 Powers GISEC North Star 2025: A Premier Hub for Cybersecurity Innovation

Dubai, UAE, 8th May 2025, ZEX PR WIRE, CyberE71 has reaffirmed its role in powering…

22 hours ago