A New Partnership, Identifies The Next Big Explosion To Raise XRP Price And Value.

The XRP community celebrates the establishment of a new source of sponsorship within the developer community, enhancing their support for XRP-centric initiatives.

The XRP community celebrates the establishment of a new source of sponsorship within the developer community, enhancing their support for XRP-centric initiatives.

XRP’s price has taken a significant hit recently, with its cumulative seven-day performance now sitting at a negative growth of 9% but has taken another turn in the early hours of today

Excitement has being revealed that “Wave Of Innovation,” a non-profit organization and the organizer of the upcoming 2024 XRP Gold Coast conference, has decided to become a new source of grants for XRP Ledger (XRPL) developers and this suggests that Wave Of Innovation will serve as a fresh source of sponsorship for developers working on XRPL. The lawyer stated that the endowment offer has become live from Wednesday, October 11.

Meanwhile,Wave Of Innovation operates independently and has no affiliation with the RippleX development team or the San Francisco payment firm Ripple.

Moreover, the pro-XRP lawyer disclosed that the criteria will become public before the 2024 XRP Gold Coast Conference scheduled for March next year.

In an addition the XRPL has being mentioned that even developers working on XRPL side chains will be eligible to receive these grants.

Expectedly, this development has sparked excitement in the XRP community as it creates a robust avenue to invigorate development efforts on the XRPL and further promote the adoption of XRP.

Emphatically, Wave Of Innovation joins Ripple and others, supporting developers in the XRP ecosystem. Recall that Ripple offered $100,000 to an XRPL-based decentralized exchange from its grant program a few months ago.

Ultimately, this new grant source is expected to inject new energy into the XRP ecosystem as it sets the stage for exciting advancements in XRPL, potentially propelling the appeal of XRP in the market.