HomeNewsXRP Ledger Expands Reach: Integrates with DappRadar and Powers Up NFT Ecosystem

XRP Ledger Expands Reach: Integrates with DappRadar and Powers Up NFT Ecosystem

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  • XRP Ledger achieves integration with DappRadar, facilitating enhanced tracking of dApps and NFT collections.
  • The XRPL Accelerator program’s second cohort aims to foster innovation and development on the XRP Ledger.

XRP Ledger’s Strategic Integration with DappRadar

In a significant development for the blockchain community, the XRP Ledger has achieved a new milestone by integrating with DappRadar, often regarded as the

“World dapp Store.”

This integration marks a crucial step in XRP Ledger’s evolution, providing users with the ability to monitor decentralized applications (dApps) and Non-Fungible Token (NFT) collections on the XRP Ledger through DappRadar.

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XRP Ledger’s Ecosystem Empowerment: Paving the Way for Enhanced Global Liquidity and Market Access

The XRP Ledger’s integration with DappRadar comes on the heels of Ripple‘s announcement of Ripple Payments. This new version of the company’s payments product includes an integration with XRP Ledger’s native decentralized exchange. This move is set to enhance global liquidity options for Ripple clients, facilitate customer onboarding into new markets, and improve overall product performance.

NFT Growth and Innovation

In the realm of NFTs, XRP Ledger is experiencing a surge in activity. With the XLS-20 standard, a total of 3,920,298 NFTs have been minted on the XRP Ledger. Out of these, 3,566,224 NFTs remain, while 354,129 have been burned. The ecosystem is supported by 5,890 issuers, indicating a robust and growing community. This growth was evident in the last quarter, with daily NFT transactions on the XRP Ledger increasing by 7.3%, reaching an average of 16,700 transactions.

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XRPL Accelerator: Fueling Blockchain Innovation

The XRPL Accelerator program, dedicated to promoting innovation on the XRP Ledger, has announced its second cohort of projects. Following the success of its inaugural batch, the program continues to support entrepreneurs and developers in scaling their ventures on the XRP Ledger. Selected teams in this 12-week initiative will receive a $50,000 grant, furthering the mission to nurture and empower builders on the platform.

As the XRP Ledger continues to expand its capabilities and influence in the digital asset space, these developments highlight its growing role in fostering a dynamic and innovative blockchain ecosystem. The ledger’s integration with DappRadar, along with the ongoing success of the XRPL Accelerator, underscores its commitment to advancing blockchain technology and supporting the community of developers and entrepreneurs.

Connect with Collin Brown on X (Twitter) for valuable market insights, frequent updates, and a touch of humor!

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Collin Brown
Collin Brown
Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.
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