Ripple 的 AMM 更新表现平淡：XRP 价格在市场困境中保持不变

尽管 XRP Ledger 实施了“fixAMMOverflowOffer”修正案，导致 AMM 功能恢复并给 XRP 带来潜在的通货紧缩影响，但由于需求减少和比特币贬值的影响，该代币的价格仍然停滞不前。

Ripple's AMM Update Fails to Boost XRP Price Amidst Market Downturn

在市场低迷的情况下，Ripple 的 AMM 更新未能提振 XRP 价格

San Francisco, California - Ripple, the blockchain technology company known for its cross-border payment solution, has announced the activation of its 'fixAMMOverflowOffer' amendment on the XRP Ledger (XRPL). The upgrade aims to enhance the functionality of the Automated Market Maker (AMM) on the XRPL, potentially leading to increased liquidity for assets and a deflationary effect on XRP.

加利福尼亚州旧金山 - 以跨境支付解决方案闻名的区块链技术公司 Ripple 宣布激活 XRP Ledger (XRPL) 的“fixAMMOverflowOffer”修正案。此次升级旨在增强 XRPL 上自动做市商 (AMM) 的功能，可能会增加资产流动性并对 XRP 产生通货紧缩效应。

However, despite the technical significance of the update, the XRP token has not exhibited any significant reaction in the market. In fact, the price has declined further since its implementation, mirroring the broader market downtrend triggered by Bitcoin's depreciation.

然而，尽管此次更新具有技术意义，但 XRP 代币并未在市场上表现出任何重大反应。事实上，自实施以来价格进一步下跌，反映了比特币贬值引发的更广泛的市场下跌趋势。

Technical Enhancements

技术改进

The 'fixAMMOverflowOffer' amendment addresses previous limitations in handling large synthetic AMM offers on the XRPL. It enables the network to process these offers more efficiently, potentially improving liquidity for assets traded on the ledger. Furthermore, AMMs serve as smart contracts that facilitate automated market making, thereby enhancing the accessibility and price stability of digital assets.

“fixAMMOverflowOffer”修正解决了之前在 XRPL 上处理大型合成 AMM 报价的限制。它使网络能够更有效地处理这些报价，从而有可能提高账本上交易资产的流动性。此外，AMM 作为智能合约，可以促进自动化做市，从而提高数字资产的可访问性和价格稳定性。

Deflationary Implications

通货紧缩的影响

The upgrade also has deflationary implications for XRP. AMMs on the XRPL are designed to burn XRP tokens as fees for liquidity provision, reducing the overall supply of the token. This mechanism is intended to create a positive feedback loop, where increased demand for liquidity leads to decreased XRP supply, potentially supporting the token's price appreciation in the long run.

此次升级还会对 XRP 产生通缩影响。 XRPL 上的 AMM 旨在销毁 XRP 代币作为提供流动性的费用，从而减少代币的总体供应量。该机制旨在创建一个正反馈循环，其中流动性需求增加导致 XRP 供应减少，从长远来看可能支持代币的价格升值。

Lackluster Response

反应平淡

Despite the potential benefits of the AMM update, the market has not responded favorably to the news. XRP's price has remained relatively stagnant, failing to sustain a meaningful upward momentum. This lack of reaction may be attributed to the broader market sentiment, which has been bearish for cryptocurrencies in recent months.

尽管 AMM 更新有潜在的好处，但市场对此消息的反应并不积极。 XRP 的价格仍然相对停滞，未能维持有意义的上涨势头。这种缺乏反应可能是由于更广泛的市场情绪，近几个月来加密货币一直看跌。

Diminished Development Activity

开发活动减少

In addition to the subdued price performance, XRP's development activity has also shown signs of decline. According to data from Santiment, a blockchain analytics platform, development activity on the XRPL has been trending downward. This suggests that developers are not actively contributing to the network's growth, which could potentially hinder its long-term prospects.

除了价格表现低迷之外，XRP 的开发活动也出现了下降的迹象。根据区块链分析平台 Santiment 的数据，XRPL 的开发活动一直呈下降趋势。这表明开发商没有积极为网络的增长做出贡献，这可能会阻碍其长期前景。

Network Growth Stagnation

网络增长停滞

Network growth, another metric that measures the adoption and engagement within a blockchain ecosystem, has also been underwhelming for XRP. Network growth tracks the number of new addresses interacting with the ledger. Its decline indicates a lack of traction, implying that the XRP ecosystem is not attracting new entrants.

网络增长是衡量区块链生态系统内采用和参与度的另一个指标，但 XRP 也表现不佳。网络增长跟踪与账本交互的新地址的数量。它的下跌表明缺乏吸引力，这意味着 XRP 生态系统没有吸引新进入者。

Liquidation Levels

清算水平

Despite the broader market downtrend, an analysis of liquidation levels suggests a potential bullish bias for XRP. Liquidation levels represent price points where large liquidation events may occur. At present, there is a lack of substantial liquidity between $0.60 and $0.61. This suggests that there may be minimal liquidations at these levels. However, if the token's price rises above $0.63, a significant number of positions could be liquidated.

尽管市场整体呈下跌趋势，但对清算水平的分析表明 XRP 存在潜在看涨倾向。清算水平代表可能发生大规模清算事件的价格点。目前，0.60至0.61美元之间缺乏大量流动性。这表明在这些水平上可能存在最少的清算。然而，如果代币价格上涨至 0.63 美元以上，大量头寸可能会被清算。

Positive Sentiment for Long Positions

多头头寸的积极情绪

The Cumulative Liquidation Levels Delta (CLLD) indicator also indicates a favorable sentiment for long positions. The CLLD measures the difference between the cumulative value of longs and shorts liquidated. As of now, the CLLD is negative, suggesting that there have been more short liquidations than long liquidations. This indicates that the market may be biased towards an XRP price increase.

累积清算水平德尔塔（CLLD）指标也表明了多头头寸的有利情绪。 CLLD 衡量清算的多头和空头累计价值之间的差异。截至目前，CLLD 为负，表明空头清算多于多头清算。这表明市场可能倾向于 XRP 价格上涨。

Conclusion

结论

While the 'fixAMMOverflowOffer' amendment is a significant technical upgrade for the XRP Ledger, it has not had an immediate impact on the token's price. The market's negative sentiment and broader macroeconomic headwinds have contributed to XRP's lackluster performance. However, the token's bullish liquidation levels and positive CLLD signal suggest that a price increase may be possible in the future, provided that the market conditions improve.

虽然“fixAMMOverflowOffer”修订是 XRP Ledger 的重大技术升级，但它并没有对代币的价格产生直接影响。市场的负面情绪和更广泛的宏观经济阻力导致了 XRP 的表现不佳。然而，该代币的看涨清算水平和积极的 CLLD 信号表明，只要市场状况改善，未来价格可能会上涨。