XRPL Labs Reveals Smart Contract Sidechain For XRP Ledger, What This Means For The Altcoin

Earlier today, XRPL Labs divulged its latest development: Xahau Ledger, a smart contract sidechain integrated into the XRP Ledger (XRPL) ecosystem. This is said to enhance the capabilities of the XRP Ledger, pushing it a step closer to widespread retail adoption.

The announcement by XRPL Labs, the brain behind the XRP Ledger’s self-custody wallet named Xumm, has reignited excitement within the community, pointing toward significant advancements for this altcoin. However, so far, the altcoin remains in red down by 1% in the past 24 hours.

An Introduction To Xahau Ledger

On August 28, XRPL Labs conveyed its integration with the Xahau Ledger, characterizing it as an “ambitious move” to introduce multifaceted features to the XRP Ledger. This integration is seen as a catalyst, propelling the adoption of the altcoin and its foundational ledger.