Global XRP Price Update and Ripple News: November 12. Ripple's proposed institutional lending system has gained validation support, increasing from 19 to 22 votes, but still requires 29 votes to operate, while the XRPL Testnet and Devnet will be decommissioned on November 25 to improve infrastructure. Ripple CTO David Schwartz faced criticism for reducing his XRP holdings, pointing to personal risk patrolling, while declining demand for XRP ETFs which have recently seen significant net inflows. • XRP fell to a multi-month low of $1.03, down 17% on the week, with increased pressure on Binance, though XRP's whale rally offers potential bullish signals despite deteriorating retail sentiment.