XRPL Labs announced on Monday that it has become part of Xahau Ledger, a smart contract sidechain for the XRP Ledger ecosystem. The XRP community is excited about Xahau Ledger, which adds multiple features to the XRPL ecosystem and advances the adoption of XRP and XRP Ledger. This development brings the XRP Ledger protocol closer to retail adoption.

XRPL Labs partners with Xahau Ledger…
XRPL Labs, the developer of XRP Ledger self-custody wallet Xumm, announced on August 28 that it is participating in a whitepaper launch for Xahau Ledger. Xahau is a smart contract sidechain for the XRPL ecosystem.
Wietse Wind, founder of XRP Ledger Labs, also shared a post on X to announce the release of the Xahau whitepaper with GateHub, Alloy Networks, Evernode XRPL and others. He explained that the XRP Ledger-powered smart contracts functionality will allow to build things that can be used in daily life.
“We will continue to build for the entire XRP Ledger ecosystem and anything we build will be available to the entire ecosystem. We believe that a multi-chain XRP Ledger Protocol ecosystem can bring both the proven flexibility of XRPL Mainnet and the endless new possibilities of Hooks.”
It also plans to update the Xumm wallet to support multiple XRP Ledger Protocol networks such as XRPL Mainnet and Xahau. It will also allow the vision of XRP retail adoption to be met. He revealed that Xahau will likely be on the air by the end of the year.
How has the XRP price reacted?
Investors immediately reacted to this announcement of the Xahau network, and the XRP price rose more than 0.50 percent. The altcoin's trading volume also increased and the price gained momentum.
XRP price is currently trading at $0.51, down 2% in the last 24 hours. The lowest and highest prices in 24 hours are $0.515 and $0.529, respectively. However, the overall price action remains flat and trading volume has dropped significantly over the past week.
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