Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • XRPLedger’s AMM Reshapes the Landscape for Ripple and XRP
  • News

XRPLedger’s AMM Reshapes the Landscape for Ripple and XRP

vivian 11 March 2024
Ripple XRP COIN
  • The activation of XRPLedger’s Automated Market Maker (AMM), highlights its potential to allow XRP holders to earn passive income through liquidity provision.
  • It also examines XRP’s price dynamics amidst anticipation for both the AMM launch and developments in the SEC vs. Ripple lawsuit.

As the crypto market buzzes with anticipation, XRPLedger’s Automated Market Maker (AMM) stands poised to revolutionize the landscape for Ripple (XRP) enthusiasts. This groundbreaking development not only promises to redefine liquidity provision but also offers XRP holders an unprecedented opportunity for passive income.

A New Dawn for XRP Holders

With the impending activation of XRPLedger’s AMM, XRP holders are on the brink of a paradigm shift. Through providing liquidity to AMMs, they stand to reap substantial rewards, earning a proportionate share of the generated income while mitigating risks associated with liquidity provision.

Stedas, a prominent crypto researcher, has detailed guides on how XRP holders can tap into this potential goldmine of passive income. By participating in liquidity staking pools, individuals or entities can earn liquidity pool tokens commensurate with their deposits, thereby gaining voting rights on the AMM’s trading charges.

Navigating Through Market Turbulence

Amidst the excitement surrounding XRPLedger’s AMM, XRP’s price action remains a focal point for investors. While the altcoin struggles to reclaim lost ground from previous weeks, it has managed to sustain itself above the psychologically significant $0.60 mark.

Two distinct factors are driving this price action. Firstly, the looming deadline for the US Securities and Exchange Commission (SEC) opening brief in the lawsuit against Ripple has sent ripples through the market. Secondly, the approval of the AMM amendment for XRPLedger has injected renewed optimism into the XRP community.

Technical Analysis: Navigating the Peaks and Valleys

Despite the optimism surrounding XRPLedger’s AMM, technical indicators suggest a possible correction in XRP’s price. Trading sideways since reaching its 2024 peak, the altcoin could potentially correct to the 38.2% Fibonacci retracement level.

Momentum indicators such as the Moving Average Convergence/Divergence (MACD) and Awesome Oscillator (AO) signal a looming correction, casting a shadow over XRP’s near-term prospects. However, a bullish reversal could be on the horizon if XRP manages to close above key resistance levels.

Embracing the Future

As XRPLedger’s AMM prepares to make its debut, XRP holders find themselves at the forefront of a transformative era in decentralized finance. Beyond the turbulence of market fluctuations, this development offers a beacon of hope, ushering in a new era of opportunity and prosperity for Ripple and XRP enthusiasts alike.

Continue Reading

Previous: Cardano’s(ADA) Cemetery: The Graveyard of Failed Crypto Ventures
Next: Shiba Inu (SHIB) Price Plummets: Is the Meme Coin Bubble Bursting?

Related Stories

VeChain chart showing rising channel pattern signaling potential breakout in 2026
  • Analysis

Can VeChain (VET) Hit $0.040 by August 2025? Latest Price Forecast

Sean Williams 26 July 2025
Pi NETWORK on black
  • Analysis

Pi Network Token Struggles Below $0.45 But Core Team Sees Signs of a Reversal

vivian 25 July 2025
Bitcoin BTC INTERCONNECTED
  • Analysis

Bitcoin Price Drops to $115K as Ethereum Surges Past $3,600

Jane Kariuki 25 July 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

VeChain chart showing rising channel pattern signaling potential breakout in 2026
  • Analysis

Can VeChain (VET) Hit $0.040 by August 2025? Latest Price Forecast

Sean Williams 26 July 2025
Pi NETWORK on black
  • Analysis

Pi Network Token Struggles Below $0.45 But Core Team Sees Signs of a Reversal

vivian 25 July 2025
Bitcoin BTC INTERCONNECTED
  • Analysis

Bitcoin Price Drops to $115K as Ethereum Surges Past $3,600

Jane Kariuki 25 July 2025
Solana on a purple buckground
  • News

Solana Price Drops Sharply Amid Market Liquidations and Legal Action

Cal Evans 25 July 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.