The XRP Ledger switched on fixCleanup3_4_0 today, a bundle of protocol fixes whose headline item closes a flaw in delegated permissions that could let issued tokens be minted in the wrong circumstances. The amendment is live. XRP also had its strongest session in days, trading as high as about $1.33. Those two facts happened on the same calendar day. They are not the same story.
XRP market moves
XRP opened November 4 (00:00 UTC) at about $1.28, market cap near $80.9B, with about $1.62B in 24-hour volume (CoinGecko). Intraday it dipped near $1.24, then ran to a high around $1.33 and finished the New York evening nearer $1.30. Bitcoin reclaimed $80,000 after an overnight dip, so this looks like a market bid, not a protocol-premium.
What activated, and when
XRPSCAN shows fixCleanup3_4_0 enabled on November 4, 2026, with 33 of 35 validators in favor (about 94%, above the 80% bar). The amendment was introduced in xrpld 3.4.0. Activation came at 14:52 UTC (9:52 AM ET) in ledger 108,112,129, after a full 14-day majority window. An earlier attempt lost enough support in October and reset that countdown, which is why this did not go live sooner.
We confirmed enabled=true on XRPSCAN at 12:10 PM ET. The code had been sitting in software since mid-September. Software availability does not change Mainnet behavior until the amendment itself activates. Today is that switch.
What the fix actually does
xrpl.org's known-amendments list describes a cleanup bundle covering vaults, lending, the AMM, the permissioned DEX, trust lines, NFTs, MPTs, escrow, sponsorship, signing and delegation. The issue that got the most attention: before the fix, a PaymentBurn delegate could, in some cases, mint fungible issued tokens. That is a permissions bug in the delegation system, not a bug in XRP itself and not a way to create new native XRP.
XRP's 100-billion issued supply is not affected. Issued tokens — including stablecoins such as RLUSD on XRPL — are the assets that needed the tighter check. We have not seen a report that this flaw was exploited in the wild. Coverage that called it a "critical vulnerability in XRP" overstated the scope.
Other ledger color
Flare briefly paused FAssets minting and redemptions this morning for maintenance, then said at 10:07 AM ET that operations had resumed. The pause lasted about an hour and 26 minutes. No exploit or depeg was alleged. Separately, Coinbase said options and perps are live on Coinbase Prime for eligible institutions, with XRP among 20-plus listed assets; collateral named was BTC, ETH and USDC, not XRP.
LendingProtocol (19–21 yes votes), SingleAssetVault (21) and ConfidentialTransfer (20) still lack the 28-vote majority. Today's activation does not move those.
Question everything
A security fix going live is good hygiene. It is not a demand event for the token. Amendments do not create buyers. The same-day rally ran with bitcoin and has no on-chain evidence tying it to this vote. Treat "upgrade equals pump" takes as sentiment.
What people are talking about
Some posts framed the amendment as if XRP itself had been at risk of new issuance. That is not what the docs say. Others barely noticed the activation and focused on the price spike. The useful conversation is narrower: the delegation model is tighter, and the lending amendments are still waiting.
On-chain data
XRP price: about $1.28 at 00:00 UTC; session range about $1.24–$1.33 (CoinGecko)
Market cap: about $80.9B at the daily snapshot (CoinGecko)
24h volume: about $1.62B (CoinGecko)
fixCleanup3_4_0: enabled, 33/35 validators, ledger 108,112,129, 14:52 UTC (XRPSCAN)
RLUSD on XRPL: about 863 million at mid-afternoon, 871 million by 6:03 PM ET (ledger gateway_balances)
Flows and macro
The Dow was sharply higher in afternoon coverage, and bitcoin took back $80,000. That macro bid is the cleaner explanation for XRP's session than a bug fix most traders will never see. We did not have a verified same-day XRP ETF flow print at deadline.
What to watch next
Whether any issuer discloses a post-activation review of delegated permissions
LendingProtocol and SingleAssetVault votes versus the 28-validator threshold
Whether tomorrow's session keeps any of today's range, or gives it back with the tape
The XRPTRACER take
This is a real Mainnet change, and the 14-day reset in October is a reminder that amendments are not automatic. The loophole it closes is about issued tokens, not native XRP, and it does not explain a move toward $1.33. We've logged the activation on the Catalyst Tracker. Price, votes and RLUSD supply sit on the Dashboard.
Sources: XRPSCAN: fixCleanup3_4_0 · XRPL known amendments · Coinpaper: activation at 14:52 UTC · Flare Networks on X, maintenance complete · CoinGecko XRP
Price is CoinGecko's daily snapshot at 00:00 UTC on November 4, 2026, with the session range from the same day's CoinGecko chart. Amendment status from XRPSCAN as of about 12:10 PM ET.
Not investment advice. See our Disclaimer.
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