XRP Skyrockets 15% in Key Metric With Millions of XRP Locked

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XRP Ledger experienced remarkable surge in locked XRP within AMM pools, reflecting significant uptick in decentralized trading activity

in Automated Market Maker pools experienced a remarkable spike, soaring by almost 15% in just a single day. This surge marks the most significant daily increase since the inception of these pools less than a month ago.Overnight, the quantity of tokens locked in AMM pools, which facilitate liquidity provision for decentralized exchanges, surged from 2.41 million to nearly 2.77 million XRP. Notably, this surge in volume is concentrated in 353 pools, a number steadily growing with each passing day.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Merlin Chain Launches MERL: A Major Leap Forward in Bitcoin Layer 2 Solutions

 

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