XRP Ledger Liquidity Booms as 13 Million XRP Flows into AMM Pools

The XRP Ledger (XRPL) is seeing a surge in liquidity, driven by the growing adoption of Automated Market Maker (AMM) pools. These pools are vital for decentralized exchanges on the XRPL and their increasing popularity is reflected in the recent rise of XRP’s overall reserves within them. Notably, total XRP value locked in AMM pools has surpassed 13 million XRP, reaching $30 million at current market prices. This surge comes amidst growing interest from users seeking liquidity provisions for smooth transactions on the XRPL.