XRP Ledger Faces Devnet Reset as Funding Rates Hit Yearly High

Key insights XRP Ledger will reset its Testnet and Devnet networks on November 25, deleting existing accounts, tokens, and AMMs. Binance XRP funding rates have reached a one-year high, despite XRP facing a 30% price correction. Spot XRP ETFs recorded $10.4 million in net outflows, equal to approximately 9.37 million XRP. XRP Ledger developers face a Nov. 25, 2026, reset of Testnet and Devnet after an infrastructure failure. Ripple said a full-history server crash prompted the work, which will erase testing-network records. Separately, Binance XRP funding reached a one-year high as spot exchange-traded funds reported $10.42 million in outflows. The network maintenance and market movements concern different activities. XRPL’s production Mainnet will continue operating, according to the project’s official technical advisory.

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