$XRP Ledger Q2 Recap!! ⚡📢 Hey XRP fam! 👋 Just a quick update on what's been happening on the XRP Ledger in the past few months:

🔘 AMM is Growing: The automated market maker (AMM) is getting bigger, with over $23 million in volume and $8 million in total value locked. 🚀

🔘 Transactions Slowed Down: After a busy Q1, transaction activity has returned to normal levels. 🔻

🔘 New #stablecoin Coming: A new stablecoin is on the way, launching on both #XRP Ledger and #Ethereum . 🎉

🔘 Expanding Ecosystem: The Axelar bridge integration and new stablecoin could bring more liquidity and assets to the XRP Ledger. 🔺🌞

🔘Price Oracle Update: The rippled 2.2 release added a price oracle, which will be useful for wrapped/bridged assets. 🤝

And here's a bonus: XRP is currently trading at $0.5301, up 0.67% today. 📈

What do you think about the progress on the XRP Ledger? 🤷 Let us know your thoughts! DYOR! #Ripple #Altcoins

Thanks Messari for insights!!