XRPLedger’s AMM activation could have a positive effect on Ripple, XRP

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XRPLedger’s AMM activation could have a positive effect on Ripple, XRP
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XRP price declined in the past week, however the altcoin sustained above the $0.60 level with two catalysts.

Ledger’s Automated Market Maker activation will allow

struggles to regain the losses suffered the past week, but the altcoin’s price sustains above the $0.60 level as two factors seem to be driving price action. On the one hand, there is the upcoming deadline for the US Securities and Exchange Commission opening brief in the lawsuit against Ripple, which has caused a stir among market participants.

holders will earn passive income on this condition Daily digest market movers: holders are anticipating a positive impact of the development on the altcoin and the payment remittance firm. Find out more about it here. The XLS-30D amendment that proposed the activation of an AMM on the ledger offers

holders that provide liquidity will get liquidity pool tokens in proportion to their deposits and can vote on the AMM’s trading charge. Stedas, a crypto researcher, shared on his X account a detailed guide on how price sustains above $0.60, further correction is likely

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