24/7 Cryptocurrency News

Ripple Engineer Decodes Rare XRP Liquidity Feature on XRPL

Top Ripple developer has shown the XRPL permits the provision of XRP liquidity even for tokens with deep restrictions on the
Published by
Ripple Engineer Decodes Rare XRP Liquidity Feature on XRPL

Neil Hartner, an Engineer at Ripple Labs has shared one of his latest discoveries about the functionality of the XRP Ledger (XRPL) as it relates to the XRP coin.

Advertisement

The Liquidity Allowance of XRPL

According to Hartner, it is still possible to provide liquidity for a restricted token that is resident on the XRPL. By restricted token, he meant digital currencies that require a trustline to authorize its usage, and by this allowance, this feature makes the XRPL Automated Market Maker (AMM) a more flexible entity than any other in the industry today.

Responding to a line of questioning from his followers, the Ripple developer noted that it is possible to initiate a single-sided deposit and a single-sided withdrawal. This means that providing liquidity for any asset pair including a restricted token will still payout rewards to the user in XRP as one “can only withdraw assets that you are authorized to hold.”

Hartner also went on to describe the exceptional liquidity rebalancing of the XRPL that suggests the protocol is indeed one of its kind. Per his interaction with his followers, Hartner presented the XRPL as a smart contract network that can accommodate users with varying investment interests.

Advertisement

More XRPL Innovations Underway

The XRP Ledger is a protocol that is still building its momentum with the emergence of new protocols and platforms across the board. The XRPL AMM that was brought into the spotlight by Neil Hartner is just one of the numerous protocols under development by the core engineering team.

As a smart contract hub that is competing with the likes of Ethereum and Solana, the XRPL is also innovating in the Non-Fungible Token (NFT) arena for both users and creators alike. While its developmental efforts are still largely in their infancy, the XRPL has been proven to showcase enough utility for all.

Over the past few months, there has been a series of upgrade work on the XRPL to further position it as a protocol that can help onboard the next generation of blockchain users.

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Fed’s Lorie Logan Urges Caution on Further Rate Cuts Citing Inflation Risks

Federal Reserve Bank of Dallas President Lorie Logan is the latest Fed official to share…

October 3, 2025
  • 24/7 Cryptocurrency News

Nasdaq-Listed Fitell Adds Pump.fun’s PUMP To Supplement Solana Treasury

Australia’s Fitell Corporation has purchased 216.8 million PUMP tokens for $1.5 million. The Nasdaq-listed company…

October 3, 2025
  • 24/7 Cryptocurrency News

FG Nexus to Tokenize Stock on Ethereum as SEC Weighs 24/7 Onchain Stock Trading

FG Nexus has announced that it will allow shareholders to convert common stock into tokenized…

October 2, 2025
  • Bitcoin News

Bitcoin Still Undervalued, JPMorgan Forecasts Rally to $165,000

JPMorgan says Bitcoin (BTC) is undervalued compared to gold and could rise to $165,000, giving…

October 2, 2025
  • 24/7 Cryptocurrency News

Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand

Derivatives exchange CME Group has announced plans to begin offering 247/7  crypto futures and options…

October 2, 2025
  • Bitcoin News

Citigroup Predicts Bitcoin Could Climb to $231,000 in 12 Months

Banking giant Citigroup has revised its Bitcoin prediction to $231,000 in the next 12 months,…

October 2, 2025