It looks like Ripple is on the verge of achieving a major milestone, as the team prepares to integrate two very important new features into the upcoming XRPL upgrade.
This comes amid a flurry of XPR price predictions, so let’s take a look.
Two new features added to XRPL
Ripple’s CTO, David Schwartz, has expressed excitement on multiple occasions about Ripple’s upcoming upgrade to XRPL because of the features that will be integrated.
as crypto potato According to a report on September 7, the company announced an update that integrates automatic market maker (AMM) and clawback functionality.
According to the official announcement regarding AMM:
XLS-30 brings a native automated market maker to XRPL that integrates with existing order book DEXs, enabling trading of digital assets in automated liquidity pools, allowing developers to cater to a wider range of DeFi stakeholders. Masu. – Read the announcement.
The clawback feature, on the other hand, is designed to allow an opt-in feature where newly issued assets are clawed back through the trust line. It cannot be used to get XRP back – this is an important clarification.
Important XRP milestones and price predictions
data from XRPL service reveal The total number of XRPL accounts is currently 4.78 million, but it is about to reach 5 million soon.
The total XRP balance in these accounts is 58.6 million, and the total XRP in reserves is approximately 47.8 million. Owner reserve is 13.6 million.
And while the number of accounts continues to grow, so does the number of XRP price predictions.
Most recently, experts have defined some key levels to consider as XRP reaches the huge price target of $7. Before that, another XRP price prediction made waves with a $500 target, which may be a bit outrageous even for the most staunch believers.
That being said, if you want to check out how Ripple’s XRP will perform in the next bull market, we asked ChatGPT about it in one of our latest videos.