2024

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
In a significant move to foster innovation and growth within the XRP Ledger ecosystem, <a href="https://u.today/ripplex-shares-impressive-update-on-xrp-ledger-defi-amm" rel="noopener noreferrer nofollow">RippleX</a> has announced the latest recipients of its prestigious XRPL Grants, with seven outstanding projects being selected to receive funding and support.
The Wave 7 Awardees represent diverse visionaries, each poised to contribute uniquely to the XRP Ledger (XRPL) ecosystem.&nbsp;
The XRPL Grants program is a cornerstone of Ripple's commitment to empowering developers. By providing essential funding, Ripple catalyzes projects that promise to enhance the usability and functionality of the XRP Ledger.
RippleX's XRPL Grants program operates on a rolling basis, ensuring continuous support for developers and entrepreneurs eager to contribute to the <a href="https://u.today/xrp-important-alert-issued-to-community-as-xrpl-sidechain-goes-live" rel="noopener noreferrer nofollow">XRPL</a> ecosystem.&nbsp;
In an official <a href="https://dev.to/ripplexdev/xrpl-grants-wave-7-awardees-unveiled-2klk" rel="noopener noreferrer nofollow">blog post</a>, RippleX announces the XRPL Grants Wave 7 Awardees, highlighting several projects built on the XRP Ledger. The judging committee conducted a thorough review before selecting the Wave 7 award recipients.&nbsp;
<blockquote>
 (1/9) XRPL Grants Wave 7 Awardees just dropped and we’re excited to highlight some amazing projects building on the <a href="https://twitter.com/hashtag/XRPLedger?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPLedger</a>! Get to know Wave 7 Awardees below:<a href="https://t.co/ZotFclaviP" rel="noopener noreferrer nofollow">https://t.co/ZotFclaviP</a>— RippleX (@RippleXDev) <a href="https://twitter.com/RippleXDev/status/1792897089690608114?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a>
</blockquote>
The <a href="https://x.com/RippleXDev/status/1792897089690608114" rel="noopener noreferrer nofollow">Wave 7</a> cohort had 132 applications from all over the world, which was an impressive number. Following a thorough screening procedure, seven outstanding initiatives from seven countries and four continents were selected, with a total investment of more than $700,000.
These recipients represent a wide range of financial use cases, highlighting XRP Ledger's numerous applications in decentralized finance (DeFi), payments, real world asset (RWA) tokenization, NFTs and authentication.
As RippleX unveils the XRPL Grants Wave 7 Awardees, the blockchain community watches with excitement. With this support, the XRPL ecosystem is set to thrive, innovate and redefine the boundaries of what is possible in blockchain technology.

RippleX Releases Funds to Developers: Details

U_Today

Other articles published on May 21, 2024

$HEFE Token to Begin Trading on Biconomy Exchange

$3.5m Raised and Counting: Bitbot Offers a 100x Crypto Investment Opportunity

Ethereum Soars 18% As Bloomberg Ups The Odds Of SEC Approving Ethereum ETFs To 75%

5 Altcoins with Unique Use Cases in 2024

Ripple vs. SEC Heats Up: Private Records, ODL Sales in Spotlight

Ethereum Founder Vitalik Buterin Received a Proposal for Layer 2 Transfers! Here are the Details

Join our free newsletter for daily crypto updates!