On June 9, XRP Ledger announced a new partnership with Peersyst Technology, a Barcelona-based blockchain development company, to boost the network’s security.
🔔 We’re excited to partner with the new and vibrant @XRPLF team to expand the strong monitoring and alerting system for the $XRP Ledger. Network security is now more important than ever 🛡️ https://t.co/DtVhIPLDXr
— Peersyst Technology (@Peersyst) JUNE 9, 2026
According to the official post shared by XRPL, the Peersyst Technology will help the blockchain network to create a strong monitoring and alerting system in order to secure the network against potential cyber attacks.
XRP Ledger (XRPL) Aims to Boost Security Amid Growth in Cyber Attacks
The announcement comes at a time when the XRP Ledger (XRPL) has witnessed impressive growth in the last few months. According to DeFiLlama, XRPL currently holds around $40.25 million in total value locked, while its stablecoin market cap has surged to nearly $764.13 million.
Amid the boom in the stablecoin market, Ripple’s native stablecoin RLUSD has experienced impressive growth as well.
However, amid bearish sentiment in the crypto market, XRP is struggling to convert the network into a bullish rally. At the time of writing, XRP is trading at around $1.13 with a drop of around 20% in the last 30 days, according to CoinMarketCap.
The XRPL is working on two major areas to boost the network’s security, according to major announcements earlier this year. The network will leverage artificial intelligence to develop proactive testing and fixes.
Ripple and XRPL are working on developing artificial intelligence-based solutions to identify problems present on the network and fix them before it creates problems on the network. For example, Zcash has recently identified a vulnerability in the network, which was present on the network for 4 years.
There are major improvements taking place on the network through AI-based code reviews. This is known as pull requests. The team is also using adversarial scanning and runs simulations of potential attacks.
“This matters because the XRPL is a global financial infrastructure that enables fast and low-fee payments, tokenization, and more complex financial primitives on the ledger. This means the bar for reliability, security, and safety are extremely high and uncompromising,” stated in the official blog post.
The network is also working on a post-quantum cryptography threat. Hackers are collecting encrypted data. They are expected to use it with quantum tech to break secure encryption.
The post stated that, “We begin with a full assessment of quantum risk across the network, along with an evaluation of how these changes would impact transaction performance, storage, and bandwidth. Post-quantum cryptography comes with tradeoffs. Larger keys and signatures have real implications at ledger scale, and we need to understand those tradeoffs and explore the architectural adjustments required.”
Hackers are using advanced AI tools to detect vulnerabilities present on the blockchain and smart contracts. In the last few months, the blockchain and crypto sector has witnessed major security incidents. In more than 28 cyber attacks, the crypto sector has lost around $635 million.
In April, Drift Protocol, a leading decentralized perpetual futures exchange, suffered a massive cyber attack. The attack was linked to North Korea-based hackers. They have created a fake token, which helped them to track members of Drift’s Security Council into pre-signing transactions.
In the same month, Kelp DAO witnessed another major cyberattack after its cross-chain bridge was exploited. This trick has allowed hackers to steal around 116,500 rsETH.
