XRPL Set to Launch DeFi and NFT Features Soon; Here's How Far This Has Gone

XRPL might soon upgrade with new DeFi and NFT functionality RippleXRP XRPArmy XRPCommunity XRPHolders $XRPL

If adopted by the XRPL community, Ripple's proposed NFT protocol, XLS-20, will make NFT transactions on XRPL faster to complete and less expensive to purchase, sell and mint. An NFT-devnet was launched in January to increase support for NFTs on the XRPL ledger.In July, U.Today reported on the XLS-30d proposal that seeks to introduce a noncustodial automated market maker as a native feature to the XRPL DeX.

And here is the timeline. AMM DevNet release to come within the next few weeks! After receiving community feedback etc, an amendment proposal will be put forward in Q4’22.

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