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XRP News: Two Major Events Could Impact XRP Price on September 11th

Published by
Sohrab Khawas

XRP price is set to face two separate events on Friday that could affect market attention: the August U.S. Consumer Price Index (CPI) report and an XRP Ledger (XRPL) amendment activation.

The CPI report is scheduled for 8:30 a.m. ET, while the XRPL amendment is expected to activate at 11:15 a.m. ET.

The two events are unrelated, and the market could react differently to each.

XRPL Amendment Set for Activation

The amendment scheduled for Friday is part of the XRPL 3.3.0 upgrade. It is a maintenance update covering corrections related to single-asset vaults, lending, automated market makers, permissioned exchanges, checks and pseudo accounts.

The amendment passed the XRPL’s required voting process after receiving more than 80% support from trusted validators and maintaining that level for two weeks.

XRPL amendments require more than 80% validator support for two consecutive weeks before they can activate. If support falls below the threshold, the two-week period starts again.

The Friday activation does not include some of the features that have received greater attention, including Confidential Transfers and Dynamic MPT.

Also Read : XRP Rich List Update September 2026: How Much XRP Do You Need to Be in the Top 10%?

Confidential Transfers Still Need More Support

Confidential Transfers is one of the six amendments included in the XRPL 3.3.0 release published on August 6. The feature would allow multi-purpose token transactions without publicly showing the transaction amounts.

However, the source states that Confidential Transfers had less than 23% validator support at the time of recording. Dynamic MPT was at a similar level. Both remain well below the 80% requirement and therefore are not close to activation based on the figures cited.

Batch Amendment Is Closer to Activation

The Batch amendment, also known as XLS-56, had support from 23 of 35 validators, or slightly more than 65%. It needs 28 of 35 validators to reach the 80% threshold.

If it reaches that level and maintains the required support for two weeks, the amendment can move toward activation. For now, Batch is closer to the required threshold than Confidential Transfers and Dynamic MPT.

August CPI Report Could Have a Larger Market Impact

The August CPI report will be released several hours before the XRPL amendment activation.

July’s CPI was 3.4% year over year, while core CPI was 2.5%.

The new inflation data is also being released after weaker U.S. employment data. August payroll growth was 22,000, compared with expectations of about 75,000. The unemployment rate increased to 4.3%.

The Federal Reserve will announce its next interest-rate decision on September 16. The meeting will also include updated economic projections and the latest dot plot.

A lower-than-expected CPI reading could increase expectations for a larger rate cut. A higher reading could make that decision more difficult as the Fed considers both inflation and weaker employment.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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