Ripple announces two technological advancements in XRPL, involving EVM and AMM

Ripple has announced two major technological advancements for XRP Ledger (XRPL) through its development arm RippleX. These developments involve the release of a new version of Ethereum Virtual Machine (EVM) sidechain in the development network and an update to XRPL's Automated Market Maker (AMM) functionality. These two enhanced features are crucial for Ripple's strategy to enhance XRPL's cross-border payment and decentralized finance (DeFi) capabilities.