1 Billion XRP Grants: Ripple Celebrates Evolution of XRPL Community Support.

In March 2022, Ripple announced it would commit one billion XRP to accelerate development and new use cases on the XRP Ledger (XRPL). The fund will be an extension of the XRPL Grants program and will advance Ripple's shared vision with the developer community.

Since its inception in 2021, the XRPL Grants Program has catalyzed creativity and technological innovation. With more than 140 projects funded across 28 countries, the program has touched various domains, including sustainability, financial solutions, digital identity platforms and game-fi. Each grant, reaching up to $200,000, has not only provided financial backing but also a vote of confidence to grantees.

Now, over two years after Ripple pledged

one billion XRP to XRPL community growth, the company celebrates innovation and projects driven by the XRP Ledger

community as developers and

entrepreneurs worldwide constantly push the boundaries of what is possible.

This is as Ripple's key community and developer growth initiatives, including the XRPL Grants Program, XRPL Accelerator and XRPL Hackathons, continue to provide resources and support to projects that bring utility, traction and meaningful activity to XRPL.

In the days ahead, Ripple says additional updates to these programs are coming to bring more clarity and transparency around the funding criteria, ensuring that applicants know what to anticipate during the process and who to contact with questions.

Other avenues of community support include XRPL Commons Aquarium Residency and the Creator Fund which served as a catalyst for new projects and