Nik Bougalis, a leading developer for the Ripple team, announced the launch of Rippled 1.0.0, with Rippled being how the Ripple devs call the core server of the Ripple (XRP) P2P network.
On Github, the regular Rippled GitHub has been established yesterday to the version 1.0.0 rc1 (Release Candidate 1), which means that the product is “going silver”, meaning that XRP Ledger is getting closer to become introduced in the market as it goes out of its beta testing stage.
As for the Rippled 1.0.0 release date, Nik Bougalis tweeted:
The software is a bit like a soufflé. You can’t rush it. It’s ready when it’s ready. With that said. I think this particular soufflé will be coming out of the oven soon.
Rippled 1.0.0 is rumored to be launched during the Ripple (XRP) Community Night
It could mean the software is prepared for a non-beta version, turning it into a market product and elevating the adoption levels to new heights. The Rippled server is the core of the XRP Ledger, however, and developments in the performance and refinement of Rippled might make the Ripple (XRP) crypto more reliable, straightforward, and more performing.
This announcement also comes in addition to another milestone in the Ripple community, as on May 15th Ripple’s will host its renowned community event, the XRP Community Night, which will feature the famous US rapper Snoop Dogg as a VIP guest.
Some Ripple (XRP) enthusiasts were quick to make a connection between the two happy events for the XRP community and some even voiced that Snoop Dogg will inaugurate the official launch of Rippled 1.0.0.
Ripple (XRP) price
At the moment of this article, XRP trades at $0.80, after declining by 1.20% in the last 24 hours. Yesterday, XRP closed at $0.81. In fact, the crypto token is continuously declining since May 5th when XRP closed at $0.90, its biggest closing value in more than 2 weeks.
At the moment, Ripple (XRP) is on the 3rd place in the cryptocurrencies market.
In short, Rippled 1.0.0 launch might induce the long-awaited boost in XRP price that Ripple’s token needs to recover at its value against the USD of before the massive crypto market correction of the beginning of this year.