XRP rally and RLUSD anticipation fuel activity on Xaman Wallet
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 16 2024Surge in User Activity: Xaman, a self-custodial wallet for the XRP Ledger, has seen a 250% increase in active weekly users, reaching over 212,000, driven by renewed interest in XRP and anticipation of the Ripple USD stablecoin launch.
Investment and Features: Formerly known as Xumm, Xaman was rebranded in May 2023 and supports smart contracts through the Xahau Network, leveraging indirect investments from Ripple's investment arm, Ripplex.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
