The XRP Ledger (XRPL) community received a boost as “Wave Of Innovation,” a non-profit organization linked to the 2024 XRP Gold Coast conference, announced grants for XRPL developers.
XRP’s recent price drop coincided with significant whale activity, as substantial XRP transfers were reported from anonymous wallets to major cryptocurrency exchanges.
Amid the broader market sell-off, Ripple’s native crypto XRP has also come under significant selling pressure. Over the last week, the XRP price has lost 9% with its price slipping under $0.48.
However, the XRP ledger continues to see new developments taking place that keep the community optimistic regarding the future of XRP.
During this prevailing bearish trend, the well-known XRP advocate, Bill Morgan, made an announcement on the X platform that carries substantial implications for the value of XRP.
Morgan, in particular, conveyed his enthusiasm when he disclosed that “Wave Of Innovation,” a non-profit organization responsibl

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