Ripple's XRP Ledger Faces Technical Glitch

Ripple's XRP Ledger Faces Technical Glitch

By
Luisa Rodriguez Pérez
1 min read

Ripple's development division, RippleX, has identified a technical glitch on the XRP Ledger's Automated Market Maker (AMM) pool, disrupting transactions and liquidity pools. The issue was related to the handling of liquidity routing through AMM pools and order books. Ripple assured its community that the engineering team was addressing the issue, advising users to refrain from depositing new funds and redeem any current LP tokens. Despite the glitch, XRP's value has surged by 4.11% over the past 24 hours, maintaining its resilience amidst ongoing legal pressure.

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