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XRP Ledger Secures Major fixAMMv1_1 Amendment

DATE POSTED:September 24, 2024
 Ripple Finds Strong Support, Eyes To Hit $0.63?

The post XRP Ledger Secures Major fixAMMv1_1 Amendment appeared first on Coinpedia Fintech News

The XRP Ledger (XRPL) mainnet has secured the long-awaited fixAMMv1_1 amendment. This major upgrade has been under development for a while and is scheduled to launch this month. Often, these amendments fix a bug or improve or introduce a new feature. This amendment allows for decentralized trading directly on XRPL. According to XRPScan, the fixAMMv1_1 amendment received 32 votes in its favor, representing a consensus of 91.43%. This latest amendment focuses on improving liquidity and efficiency for traders on the blockchain. However, XRP has failed to record a price gain amidst the major update.