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Initial UDAX Cohort Shows Significant Progress in Blockchain Innovation

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by Li Weicheng

an hour ago


The University Digital Asset Xcelerator (UDAX) program has made significant strides in its inaugural cohort, highlighting the potential of blockchain startups in the XRPL ecosystem, as enthusiastically stated in the publication.

WaveTip's Transition to XRPL Mainnet

Among the standout participants, WaveTip has successfully transitioned to the XRPL Mainnet, marking a crucial milestone for the startup. The program has attracted the attention of 13 venture capital firms, fostering valuable connections and enhancing growth opportunities for emerging blockchain initiatives.

Financial Achievements in the XRPL Ecosystem

Financial achievements have also been notable, with XCard successfully onboarding $15 million in inventory, indicating strong market demand. Additionally, BlockBima has reported impressive user growth, further underscoring the vibrant and expanding ecosystem surrounding XRPL.

Recently, the University Digital Asset Xcelerator (UDAX) program showcased the potential of blockchain startups, while Celestia has launched Fibre Blockspace, a solution enhancing on-chain applications. For more details, see Fibre Blockspace.

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