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.

Mar 23, 2024 - 12:30
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Big News for XRP Ledger: is an XRP Bull Run Coming?

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.