Ripple (XRP) on the Verge of Achieving a Massive Milestone

Read full article at CryptoPotato.

Ripple seems to be on the verge of achieving a massive milestone as the team prepares to integrate two very important new features with the upcoming XRPL upgrade.

This comes amid a flurry of XPR price predictions, so let’s have a look.

Two New Features Coming to XRPL

David Schwartz, the CTO of Ripple, has, on multiple occasions, expressed his excitement about the upcoming upgrade to Ripple’s XRPL because of the features that it’s going to integrate.

As CryptoPotato reported on September 7th, the firm announced an update that will see the integration of an automated market maker (AMM) and a clawback feature.

According to the official announcement regarding the AMM:

XLS-30 will bring a native Automated Market Maker to the XRPL that integrates with the existing order book DEX to enable trading of digital assets in automated liquidity pools and enable developers to address a wider audience of DeFi stakeholders. – reads the announcement.

The clawback feature, on the other hand, is designed to allow for an opt-in capability for newly issued assets to be clawed back through a trustline. It cannot be used to claw back XRP – that’s an important clarification.

Important XRP Milestone and Price Predictions

Data from XRPL Services reveals that the total accounts on XRPL are about to reach 5 million, currently standing at 4.78 million.

Source: XRPL Services

The total XRP balance in these accounts is 58.6 million, while the total XRP in reserves is around 47.8 million. The owner reserves are 13.6 million.

And while the number of accounts keeps growing, the number of XRP price predictions is also on the rise.

Most recently, an expert laid down some critical levels for XRP to consider on the way up to a massive price target of $7. Before that, another XRP price prediction stirred the waters with a target of $500, but that one might be a bit outrageous even for the strongest believers.

That said, if you want to check out how Ripple’s XRP might perform in the next bull market, we asked ChatGPT about it in one of our most recent videos:

The post Ripple (XRP) on the Verge of Achieving a Massive Milestone appeared first on CryptoPotato.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency

Related articles

Terra Classic (LUNC) Price Soars 5% Amid Developments, Proposals And Burns

Read full article at Coingape.Terra Classic (LUNC) price witnessed a massive rally last week due to a breakout […]

Learn More

Binance Plans To Fight ‘To the Full Extent of the Law’ Following SEC Charges

Read full article at Crypto News.Binance said the US Securities and Exchange Commission’s 13 charges against it and […]

Learn More

3AC cooks up a storm, Bitcoin miner surges 360%, Bruce Lee NFTs dive: Asia Express

Read full article at News.Our weekly roundup of news from East Asia curates the industry’s most important […]

Learn More