According to CoinMeta, XRP Ledger ( XRPL ) announced that it will launch version 3.5.0 on December 3rd, aiming to address the occasional slow issues that have occurred recently on the blockchain network. This update will focus on technical improvements and bug fixes, including a long-term fix for the relatively slow ledger closure time. The development team stated that temporary fix measures have effectively improved the closure time and they will continue to closely monitor the network. This update is considered a key advancement in enhancing the reliability of XRP Ledger, which is widely used for processing cryptocurrency payments, tokenization, and stablecoin transactions.