The increased user activity of the Xaman wallet is due to the rising interest in the XRP ecosystem and the upcoming launch of the Ripple USD (RLUSD) stablecoin.
Xaman Attracts New User Audiences
Since summer, Xaman's active users have increased by 250%, reaching 212,000 active users last week. This is linked to renewed interest in the XRPL ecosystem and anticipation of the RLUSD launch.
Xaman Leverages XRPL Fork for Smart Contracts
Rebranded in May 2023 from Xumm to Xaman, the wallet supports smart contracts on the Xahau Network, a fork of XRPL. This is achieved through Hooks technology from XRPL Labs, which enhances capabilities for developers and users.
Xaman Funding from Ripple
Support for the Xaman project from Ripplex (formerly Xpring) began in 2019 through investments in XRPL Labs. The wallet was created by prominent Ripple developer Wietse Wind, who also released applications like XRParrot and XRPTipBot.
The increased activity and support for Xaman demonstrate the growing interest in the XRPL and XRP ecosystem, as well as the potential of RLUSD to attract new users.
