XRP Ledger's latest update is hailed as a "paradigm shift," focusing on a novel identity system based on genomic data and zero-knowledge proofs to enhance security and privacy. Meanwhile, a surge of "insufficient XRP for new transactions" on the public ledger suggests that potential institutional demand may have exceeded supply, as major participants are shifting transaction activities to private, permissioned liquidity pools. Despite this, XRP's price has fallen more than 4%, to $1.45.