Ripple restores XRP Ledger after 64-minute outage

Here, by “self-heal,” Schwartz referred to XRP Legder’s ability to seek a starting point for block continuation by a supermajority (more than half of validators agreeing on the decision). 

XRP Ledger wallet services impacted

The disruption briefly affected wallet transactions on the network, as noted by Xaman Wallet, XRP Ledger’s equivalent to Solana’s Phantom wallet. 

Note, however, that despite the failed transactions, Schwartz stated that no assets were lost. 

On the price charts, XRP shed 6% during US hours on the 4th of February. At the time of writing, the altcoin struggled to hold above $2.5 and was below key moving averages on the higher time frame.

This reinforced the short-term bearish bias, which would likely worsen if the broader weak sentiment persisted ahead of the US Jobs report on the 7th of February.