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 <h2 id="xrpl-labs-partners-with-xahau-ledger">XRPL Labs Partners With Xahau Ledger</h2> 
 <p><a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L Labs, the developer of <a rel="dofollow" title="XRP Ledger" href="https://thebittimes.com/tag/xrp-ledger.html">XRP Ledger</a> self-custody wallet Xumm, on August 28 announced that it is taking part in introducing a whitepaper for the Xahau Ledger. Xahau is a smart contract sidechain for the <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L ecosystem.</p>  
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">We are proud to be part of the Xahau network (@XahauNetwork) as a launch participant. As stated earlier, we will support multiple chains that use the XRPL protocol and our commitment to the main XRPL remains steadfast. https://t.co/olzsK3veCx</p> 
  <p>— <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L Labs 🪝 (@<a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>LLabs) August 28, 2023</p>
 </blockquote> 
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 </div> 
 <p>XRPL Labs founder Wietse Wind also took to X to announce publishing the Xahau whitepaper with GateHub, Alloy Networks, EvernodeXRPL, and others. He revealed that the XRP Ledger-powered smart contracts functionality will allow building things with everyday life utility.</p> 
 <blockquote>
  <p>“We will continue to build for the entire <a rel="dofollow" title="XRP Ledger" href="https://thebittimes.com/tag/xrp-ledger.html">XRP Ledger</a> ecosystem, and everything we build will be open for the entire ecosystem to benefit from. We believe a multi-chain <a rel="dofollow" title="XRP Ledger" href="https://thebittimes.com/tag/xrp-ledger.html">XRP Ledger</a> Protocol ecosystem can bring both the proven resilience of <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L Mainnet &amp; the endless new possibilities of Hooks.”</p>
 </blockquote> 
 <p>He also plans to update Xumm wallet to support multiple <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L Protocol networks like <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>L Mainnet and Xahau. Also, this will allow for meeting the vision of <a rel="dofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> retail adoption. He revealed that Xahau will likely be live by the end of the year.</p> 
 <h2 id="xrp-price-responds">XRP Price Responds</h2>  
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 <p>Traders reacted immediately to the XRPL announcement of the Xahau network, with XRP price jumping more than 0.50%. The trading volume has also increased and the price picking upside momentum.</p> 
 <p>XRP price&nbsp;currently trades at $0.51, down 2% in the last 24 hours. The 24-hour low and high are $0.515 and $0.529, respectively. However, the overall price action is sideways and trading volume has dipped significantly in the last week.</p> 
 <p><strong>Also Read:</strong></p> 
 <ul> 
  <li>Whales On Bears’ Side As XRP Price Risks Massive Fall, Here’s Why</li> 
  <li>Binance Removes Cardano, MATIC, Pepe Coin, BTC &amp; 35 Other Liquidity Pools, What It Means?</li> 
  <li>Shiba Inu Lead Developer Releases Final Shibarium Scaling Update</li> 
 </ul> 
</div>    
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/xrpl-labs-announces-xrp-smart-contract-sidechain-xahau-tbt60642.html">https://thebittimes.com/xrpl-labs-announces-xrp-smart-contract-sidechain-xahau-tbt60642.html</a></p>

XRPL Labs Announces XRP Smart Contract Sidechain Xahau

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