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When finalized, the next stable release of rippled is expected to be the last one for 2023. The major version is bumped due to:
General availability of api_version 2 (expected).
This api_version is not available yet (except in beta, requiring a configuration change), but it will be in the next release.
New server_definitions method.
Notable performance improvements in TPS (transactions per second).
XLS-38 sidechains support
This is a large change and adds significant new functionality to the protocol.
XLS-40 DID support
Lastly, lots of code has been refactored and changed since the previous major version bump.