TimesTabloid
2025-09-16 10:01:37

Proof of XRP Ledger Price Oracle Functionality Revealed

The XRP ecosystem has continued to evolve, with new developments hinting at potential upgrades to the XRP Ledger (XRPL). On-chain efficiency and integration with wider markets have long been focal points for the project, and new functionality may soon further expand these capabilities. A recent revelation suggests that Ripple could be preparing to integrate an Oracle network directly into the XRPL framework. Crypto researcher SMQKE (@SMQKEDQG) recently published screenshots to prove the existence of Oracle functionality on the XRPL. The images show an options interface labeled “XRPL price oracle,” as well as a “Receive Payments” window where exchange rates are applied through the oracle system. The screenshots suggest that users could select a target currency such as USD, EUR, JPY, or others, with payments processed based on conversion rates sourced from the XRPL Price Oracle. This development indicates that Ripple is testing a native price oracle that can provide real-time exchange data across multiple fiat currencies. Proof of XRPL Price Oracle Functionality Revealed https://t.co/Mwym0pV6mg pic.twitter.com/oxAWKyotzi — SMQKE (@SMQKEDQG) September 15, 2025 The Importance of the XRPL Oracle This is not the first time SMQKE has drawn attention to the topic. On August 25, he revealed that Ripple was building an Oracle network that could displace Chainlink, with documents to back his claim. Oracles are critical components of blockchain ecosystems because they allow decentralized applications to access external data, including price feeds that determine fair settlement values. If Ripple deploys a fully functioning oracle system within XRPL, it could remove reliance on external services and create a more self-sufficient infrastructure. Why Is This Important for XRP? Another expert recently described this process as XRP’s path to becoming Wall Street’s data highway . While the scope and timeline of deployment remain unknown, the presence of an interface highlights that Ripple is moving forward with tangible testing. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Oracle networks play an essential role in bridging blockchains with real-world data. In decentralized finance, accurate and secure price feeds ensure that transactions, smart contracts, and settlements occur with reliability. Chainlink has long dominated this sector, providing feeds to numerous blockchains and protocols. While XRP and Chainlink have been compared in other aspects , Ripple’s attempt to build an internal price oracle could position XRPL as a direct competitor. For XRP, this advancement could enhance its appeal to institutional and retail users by providing a stronger infrastructure for payments and settlement. With reliable oracle functionality, exchanges and payment applications on XRPL can manage conversions across global currencies more efficiently. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Proof of XRP Ledger Price Oracle Functionality Revealed appeared first on Times Tabloid .

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