- On September 24, the fixAMMv1_1 update was activated on the XRP Ledger mainnet.
- The update improves the functionality of the automated market maker (AMM), increasing its efficiency and usability.
- The AMM allows users to exchange assets directly to XRPL without intermediaries.
- The price of XRP remained stable around $0.58 after the update was implemented.
- This is one of three planned updates this week.