XRP Analyst Flags Biggest Institutional Unlock That The Market Has Ever Seen

Summary

A proposed XRPL upgrade, AMM Swappable Curves, could significantly expand the XRP Ledger’s native automated market maker beyond the current XLS-30 constant-product design. The draft would let pool creators choose different invariant curves at creation, including ConstantProduct, ConcentratedLiquidity, and StableSwap, with Smart AMM added later. The goal is to make liquidity more efficient for correlated assets such as stablecoins, FX pairs, and tokenized real-world assets, which often trade within narrow ranges. Supporters argue this could be a major institutional unlock by improving execution quality, reducing price impact on large swaps, and making XRPL’s DEX more competitive with leading DeFi venues. They also expect better capital efficiency for liquidity providers, since funds could be concentrated where trading demand is highest.