XPMarket

XPMarket is not only entering a new year, but also turning 3 years old in a week. These achievements are nothing but a first step in our future #XRPL development. So, we are already number 1 super app for XRPL. Stay with us to see where 2025 leads us.

A detailed report of on-chain data highlighting key metrics and dynamics of XRPL.

XRPL AMM Market Update: August 2024 Recap The past few months have been quite eventful for the #XRPL Automated Market Maker (#AMM). Trading volume saw a significant rise earlier this year, peaking at over $10.6 million in June. However, by August, volumes had cooled down to around $5.4 million. It seems like market activity has taken a breather after a hectic first half of the year. On a more positive note, the Total Value Locked (#TVL) in the AMM reached a record $31.6 million by the end of August, which is nearly a tenfold increase since March. This could mean that more investors are seeing value in the AMM, or that the assets held in these pools are increasing in value. Interestingly, while the number of liquidity pools has grown substantially—from 196 in March to 782 by August —the number of active contributors has actually decreased since June. This might suggest some market consolidation or simply a reduction in participant activity, which could impact overall market depth and stability. Overall, while the rise in TVL and diversification of pools are promising signs, the decline in contributors and the negative net flows in several months are worth keeping an eye on. The next few months will likely reveal whether these trends are part of a broader market shift or just temporary fluctuations. Keep watching this space for more insights on the XRPL AMM market as it continues to evolve.

#XRP Ledger Market Update – Week 24, 2024 Insight Hello, #XRPL Community! 👋 Here's the scoop from last week: 🌟 AMM Market Insights: Big movements this week! Trading volume reached $884,444, with inflows at $766,835 and outflows at $420,195. Fees collected were $8,698—impressive! Total value locked (TVL) soared to $6,209,202. But the headline? $XRP pooled jumped to 6,602,194 XRP! Confidence in XRPL is growing. With 1,196 contributors and 570 pools, our community is stronger than ever. 🖼️ NFT Market Trends: A quieter week with 1,207 active traders and a trading volume of $51,924. Average NFT prices rose to 18.59 XRP. Issuer fees totalled 4,435 XRP and broker fees were 1,317 XRP. 💧 Token Market Dynamics: Active trading is strong with 6,111 traders completing 261,862 trades. XRPL market cap sits at $116.35 million, DEX volume at $2.36 million, and CEX volume at $14.92 million, totalling a whopping $17.28 million. 🌐 Looking Ahead: The data shows our community is gearing up for more growth. Increasing XRP pooled and consistent market activity suggest a bright future ahead. Let's keep this momentum and stay connected to navigate these exciting times together. Please share your thoughts and spread the word about our detailed analysis. Let's keep our community informed and engaged!

Hey there! We wanted to share some insights about the #XRPL market for May 2024. It’s been an interesting month with a few ups and downs, and I think it's important to stay informed about what’s happening. In the #NFT space, we saw a bit of a slowdown again. The number of active traders dropped by about 11%, and the total volume went down by nearly 8%. This isn’t great news, as it might mean less interest or confidence in the market right now. On the brighter side, the average price of NFTs has gone up slightly, which could indicate that while there are fewer trades, they’re happening at higher values. However, it’s worth noting that both issuer and broker fees have decreased. For tokens, the picture is somewhat similar. The number of active traders fell significantly, by over 30%. This might sound alarming, but the total number of trades actually went up by almost 10%. This suggests that while fewer people are trading, those who are, are trading more actively. The #DEX volume also saw a decline, which could be pointing towards less liquidity or trading happening in decentralized exchanges. The Automated Market Maker (#AMM) sector had some noteworthy changes too. The volume decreased slightly, but the amount of XRP pooled saw a big jump of over 26%. This increase in pooled XRP could mean more liquidity and potentially more stability in the market. However, balancing this with the trading volume will be crucial to ensure the AMM pools remain effective. What does this mean? These shifts might indicate a period of adjustment for the XRPL market. Fewer traders and lower volumes can sometimes signal a cooling off period or even some underlying concerns among participants. Looking ahead, forecasting into June, we might see these trends continue. The NFT and token markets might still face challenges, while the AMM pools could continue to grow in terms of liquidity. Staying informed and watching how these areas evolve will be key. If you’re involved in these markets, whether as a trader, investor, or just an enthusiast, it’s a good time to review your strategies and stay updated with the latest developments. Let’s keep an eye on how things progress and support each other in navigating these changes. Stay safe and happy trading! Feel free to share your thoughts or questions in the comments

The #XRPL community has spent a lot of time this year discussing how to attract quality projects and tackle funding issues. Tomorrow, we're excited to unveil a solution that addresses both.... https://lnkd.in/eVXJg3DH

We, the whole XPMarket team, are attending the XRPL APEX this years. We would really love to meet every member of #XRPL community and have a chat about literally anything. Keep in mind. Some of our team members are really in love with #AI and can talk about it for ever, some just love every aspect of #science and #DeFi, others passionate about the #code, and all together we love good food and great company! :)

XPMarket is sponsoring XRP Ledger Apex —  the official global community summit that unites developers, innovators, businesses, and investors for an exciting three-day celebration of blockchain technology and the incredible world of the XRP Ledger. A ticket to Apex includes talks, workshops, in-person experiences, celebrations, and opportunities to connect with the entire XRP Ledger ecosystem. Learn about the latest XRP Ledger blockchain updates, see the innovations, and meet our team!  Register with the code Apex24XPMarket30 and receive 30% off! https://lnkd.in/erdqzCa9