XRP's on-chain transactions have seen significant changes, particularly in the Automated Market Maker (AMM) sector, according to an analysis by Wenry in CryptoQuant. While XRP ledger AMMbids have declined, there has been a rise in liquidity deposits in the AMM ecosystem, which indicates increased confidence in existing liquidity pools. This suggests that market participants are still optimistic about XRP's ability to deliver value, despite declines in other areas such as NFTs and token trading. The overall stability and buoyancy of the XRP Ledger, with the AMM sector driving liquidity, suggest potential for an upward trend in the future.



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