- RippleX introduces new metadata to boost token discovery on XRP Ledger.
- New standard aims to make MPTs easier to rank, search, and integrate.
- Developers urged to adopt structured fields for better token visibility.
RippleX has proposed a new metadata standard for Multipurpose Tokens (MPTs) that could significantly improve how assets are discovered, ranked, and integrated across the XRP Ledger. Shared in a detailed post via @RippleXDev on X, the announcement signals a move that may reshape token usability across the network.
Currently, MPTs rely on a free-form metadata field, which makes it difficult for wallets, explorers, and user interfaces to display tokens accurately. Lack of structured identifiers like a currency code has led to problems with sorting and visibility, limiting token adoption and user experience.
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RippleX aims to deal with such difficulties by introducing a new standardized format that includes plain ticker, name, icon, description, and classification fields.
This structure attempts to guide developers and platforms through a more efficient token management without sacrificing the flexibility MPTs provide.
By making such updates, tokens will be searchable by ticker and ranked together with regular IOUs. Developers can expect improved integration with wallets and decentralized exchange user interfaces.
Also, such tokens will be simpler to parse, thus providing easier interaction with the XRPL’s ecosystem.
Standard Aims to Improve Integration Without Limiting Flexibility
RippleX confirmed that adopting the metadata standard will not be mandatory. However, developer tools like xrpl.js, xrpl-py, and xrpl4j will alert developers if tokens lack the recommended metadata.
This ensures transparency while encouraging better practices across the network without blocking functionality.
Designed to increase discoverability while preserving the flexibility of MPTs, the proposed standard is expected to benefit token issuers, developers, and platforms. The community has also been pushed to study the proposed schema on GitHub and give feedback to influence its realization through the RippleX effort.
Signaling a significant shift for the XRP Ledger, RippleX’s metadata standard could mark the beginning of a more practical and approachable framework for Multipurpose Tokens.
As structured fields make tokens easier to read and interpret, the transition may lead to new developments in how tokens are constructed, accessed, and accepted throughout the expanding XRPL ecosystem.
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