Morning Edition · Friday, September 18, 2026Published at 1:52 AM EDT · New York
Version 3.4.0 introduces closed-ended vaults that can bar withdrawals for years, at a moment when $76 million of supplied dollars on Aave's Arc market has attracted less than $100,000 of borrowing.

The XRP Ledger's 3.4.0 server release bundles a lending amendment, a revised vault design and a set of protocol fixes, crypto.news reported. The most consequential addition is the closed-ended vault, which bars withdrawals for the duration…
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On-Chain Capital Concentrates
As total on-chain capital contracts, value keeps concentrating on the largest chains and the applications with live demand, squeezing long-tail protocols and forcing consolidation.
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