Big News for XRP Ledger: is an XRP Bull Run Coming?
The AMM engine will allow the integration of new blockchain applications to the XRPL network, bringing new use cases for XRP.
The decentralized finance ecosystem in XRP, managed by its decentralized network XRP Ledger (XRPL), has progressed after adopting the automated market maker(AMM) functionality.
Per a post on X (formerly Twitter) by XRPScan, the first AMM liquidity pools were created just a few minutes after the AMM features went live. Some pools now hold hundreds of millions of tokens, supporting pairs such as XRP/USD and XRP/BTC.
AMM is now live on XRPL mainnet! First few pools are rolling in