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Bitcoin Bitcoin (BTC) $119,827.25 ↑ 0.87%
Ethereum Ethereum (ETH) $4,628.88 ↑ 7.48%
XRP XRP (XRP) $3.27 ↑ 4.15%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $847.57 ↑ 5.13%
Solana Solana (SOL) $197.87 ↑ 12.72%
USDC USDC (USDC) $1.00 ↓ -0.03%
Dogecoin Dogecoin (DOGE) $0.25 ↑ 11.67%
TRON TRON (TRX) $0.36 ↑ 2.39%
Cardano Cardano (ADA) $0.87 ↑ 11.45%
Chainlink Chainlink (LINK) $23.46 ↑ 9.86%
Hyperliquid Hyperliquid (HYPE) $44.49 ↑ 3.18%
Stellar Stellar (XLM) $0.45 ↑ 4.32%
Sui Sui (SUI) $3.96 ↑ 8.17%
Bitcoin Cash Bitcoin Cash (BCH) $607.54 ↑ 2.99%
Hedera Hedera (HBAR) $0.27 ↑ 7.75%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Avalanche Avalanche (AVAX) $24.94 ↑ 8.54%
Litecoin Litecoin (LTC) $132.67 ↑ 11.54%
Toncoin Toncoin (TON) $3.50 ↑ 2.83%
UNUS SED LEO UNUS SED LEO (LEO) $9.24 ↑ 2.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 7.47%
Uniswap Uniswap (UNI) $11.90 ↑ 6.65%
Polkadot Polkadot (DOT) $4.24 ↑ 8.93%
OKB OKB (OKB) $104.57 ↑ 127.08%
Cronos Cronos (CRO) $0.17 ↑ 0.02%
Dai Dai (DAI) $1.00 ↓ -0.04%
Bitget Token Bitget Token (BGB) $4.69 ↑ 6.91%
Ethena Ethena (ENA) $0.79 ↑ 0.16%
Pepe Pepe (PEPE) $0.00 ↑ 10.05%
Aave Aave (AAVE) $322.16 ↑ 8.61%
Monero Monero (XMR) $254.13 ↓ -1.20%
Bittensor Bittensor (TAO) $397.41 ↑ 9.76%
Mantle Mantle (MNT) $1.10 ↑ 8.02%
Ethereum Classic Ethereum Classic (ETC) $24.03 ↑ 7.63%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 10.50%
Ondo Ondo (ONDO) $1.08 ↑ 9.33%
Aptos Aptos (APT) $4.90 ↑ 7.10%
Internet Computer Internet Computer (ICP) $5.81 ↑ 7.67%
Pi Pi (PI) $0.39 ↑ 3.08%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 6.90%
Kaspa Kaspa (KAS) $0.10 ↑ 9.49%
Arbitrum Arbitrum (ARB) $0.48 ↑ 9.78%
Algorand Algorand (ALGO) $0.28 ↑ 8.47%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 6.75%
GateToken GateToken (GT) $18.83 ↑ 14.62%
VeChain VeChain (VET) $0.03 ↑ 6.71%
Cosmos Cosmos (ATOM) $4.77 ↑ 5.71%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↑ 10.57%
Render Render (RENDER) $4.15 ↑ 10.70%
Worldcoin Worldcoin (WLD) $1.09 ↑ 10.96%
Sei Sei (SEI) $0.33 ↑ 8.76%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.43 ↑ 7.13%
Filecoin Filecoin (FIL) $2.67 ↑ 7.81%
Sky Sky (SKY) $0.08 ↓ -1.73%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 5.79%
Story Story (IP) $5.73 ↑ 0.09%
Jupiter Jupiter (JUP) $0.55 ↑ 9.71%
SPX6900 SPX6900 (SPX) $1.79 ↑ 3.12%
Flare Flare (FLR) $0.02 ↑ 5.48%
KuCoin Token KuCoin Token (KCS) $12.74 ↑ 7.17%
Injective Injective (INJ) $15.05 ↑ 10.10%
XDC Network XDC Network (XDC) $0.09 ↑ 2.24%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.79 ↓ -1.17%
Curve DAO Token Curve DAO Token (CRV) $1.05 ↑ 14.45%
Celestia Celestia (TIA) $1.91 ↑ 11.02%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 13.08%
Optimism Optimism (OP) $0.81 ↑ 7.51%
Quant Quant (QNT) $116.51 ↑ 5.73%
Lido DAO Lido DAO (LDO) $1.53 ↑ 1.28%
Stacks Stacks (STX) $0.76 ↑ 5.93%
Immutable Immutable (IMX) $0.60 ↑ 7.28%
Aerodrome Finance Aerodrome Finance (AERO) $1.31 ↑ 18.99%
FLOKI FLOKI (FLOKI) $0.00 ↑ 9.32%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↑ 29.61%
Ethereum Name Service Ethereum Name Service (ENS) $29.56 ↑ 5.29%
The Graph The Graph (GRT) $0.10 ↑ 9.85%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.07%
dogwifhat dogwifhat (WIF) $1.04 ↑ 14.99%
Conflux Conflux (CFX) $0.20 ↑ 2.41%
PancakeSwap PancakeSwap (CAKE) $2.92 ↑ 6.61%
PAX Gold PAX Gold (PAXG) $3,345.19 ↓ -0.10%
Raydium Raydium (RAY) $3.50 ↑ 14.40%
Kaia Kaia (KAIA) $0.15 ↑ 5.33%
Sonic Sonic (S) $0.32 ↑ 7.36%
Pendle Pendle (PENDLE) $5.49 ↑ 0.88%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.28%
Tezos Tezos (XTZ) $0.87 ↑ 6.55%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.37 ↑ 4.63%
Theta Network Theta Network (THETA) $0.90 ↑ 7.65%
Vaulta Vaulta (A) $0.56 ↑ 3.37%
Nexo Nexo (NEXO) $1.35 ↑ 1.27%
IOTA IOTA (IOTA) $0.21 ↑ 7.75%
Gala Gala (GALA) $0.02 ↑ 8.93%
Tether Gold Tether Gold (XAUt) $3,353.78 ↑ 0.10%
The Sandbox The Sandbox (SAND) $0.31 ↑ 8.65%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 9.72%
Morpho Morpho (MORPHO) $2.25 ↑ 9.34%
Bitcoin Bitcoin (BTC) $119,827.25 ↑ 0.87%
Ethereum Ethereum (ETH) $4,628.88 ↑ 7.48%
XRP XRP (XRP) $3.27 ↑ 4.15%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.04%
BNB BNB (BNB) $847.57 ↑ 5.13%
Solana Solana (SOL) $197.87 ↑ 12.72%
USDC USDC (USDC) $1.00 ↓ -0.03%
Dogecoin Dogecoin (DOGE) $0.25 ↑ 11.67%
TRON TRON (TRX) $0.36 ↑ 2.39%
Cardano Cardano (ADA) $0.87 ↑ 11.45%
Chainlink Chainlink (LINK) $23.46 ↑ 9.86%
Hyperliquid Hyperliquid (HYPE) $44.49 ↑ 3.18%
Stellar Stellar (XLM) $0.45 ↑ 4.32%
Sui Sui (SUI) $3.96 ↑ 8.17%
Bitcoin Cash Bitcoin Cash (BCH) $607.54 ↑ 2.99%
Hedera Hedera (HBAR) $0.27 ↑ 7.75%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.00%
Avalanche Avalanche (AVAX) $24.94 ↑ 8.54%
Litecoin Litecoin (LTC) $132.67 ↑ 11.54%
Toncoin Toncoin (TON) $3.50 ↑ 2.83%
UNUS SED LEO UNUS SED LEO (LEO) $9.24 ↑ 2.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 7.47%
Uniswap Uniswap (UNI) $11.90 ↑ 6.65%
Polkadot Polkadot (DOT) $4.24 ↑ 8.93%
OKB OKB (OKB) $104.57 ↑ 127.08%
Cronos Cronos (CRO) $0.17 ↑ 0.02%
Dai Dai (DAI) $1.00 ↓ -0.04%
Bitget Token Bitget Token (BGB) $4.69 ↑ 6.91%
Ethena Ethena (ENA) $0.79 ↑ 0.16%
Pepe Pepe (PEPE) $0.00 ↑ 10.05%
Aave Aave (AAVE) $322.16 ↑ 8.61%
Monero Monero (XMR) $254.13 ↓ -1.20%
Bittensor Bittensor (TAO) $397.41 ↑ 9.76%
Mantle Mantle (MNT) $1.10 ↑ 8.02%
Ethereum Classic Ethereum Classic (ETC) $24.03 ↑ 7.63%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 10.50%
Ondo Ondo (ONDO) $1.08 ↑ 9.33%
Aptos Aptos (APT) $4.90 ↑ 7.10%
Internet Computer Internet Computer (ICP) $5.81 ↑ 7.67%
Pi Pi (PI) $0.39 ↑ 3.08%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 6.90%
Kaspa Kaspa (KAS) $0.10 ↑ 9.49%
Arbitrum Arbitrum (ARB) $0.48 ↑ 9.78%
Algorand Algorand (ALGO) $0.28 ↑ 8.47%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 6.75%
GateToken GateToken (GT) $18.83 ↑ 14.62%
VeChain VeChain (VET) $0.03 ↑ 6.71%
Cosmos Cosmos (ATOM) $4.77 ↑ 5.71%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↑ 10.57%
Render Render (RENDER) $4.15 ↑ 10.70%
Worldcoin Worldcoin (WLD) $1.09 ↑ 10.96%
Sei Sei (SEI) $0.33 ↑ 8.76%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.43 ↑ 7.13%
Filecoin Filecoin (FIL) $2.67 ↑ 7.81%
Sky Sky (SKY) $0.08 ↓ -1.73%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 5.79%
Story Story (IP) $5.73 ↑ 0.09%
Jupiter Jupiter (JUP) $0.55 ↑ 9.71%
SPX6900 SPX6900 (SPX) $1.79 ↑ 3.12%
Flare Flare (FLR) $0.02 ↑ 5.48%
KuCoin Token KuCoin Token (KCS) $12.74 ↑ 7.17%
Injective Injective (INJ) $15.05 ↑ 10.10%
XDC Network XDC Network (XDC) $0.09 ↑ 2.24%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.79 ↓ -1.17%
Curve DAO Token Curve DAO Token (CRV) $1.05 ↑ 14.45%
Celestia Celestia (TIA) $1.91 ↑ 11.02%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 13.08%
Optimism Optimism (OP) $0.81 ↑ 7.51%
Quant Quant (QNT) $116.51 ↑ 5.73%
Lido DAO Lido DAO (LDO) $1.53 ↑ 1.28%
Stacks Stacks (STX) $0.76 ↑ 5.93%
Immutable Immutable (IMX) $0.60 ↑ 7.28%
Aerodrome Finance Aerodrome Finance (AERO) $1.31 ↑ 18.99%
FLOKI FLOKI (FLOKI) $0.00 ↑ 9.32%
Fartcoin Fartcoin (FARTCOIN) $1.09 ↑ 29.61%
Ethereum Name Service Ethereum Name Service (ENS) $29.56 ↑ 5.29%
The Graph The Graph (GRT) $0.10 ↑ 9.85%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.07%
dogwifhat dogwifhat (WIF) $1.04 ↑ 14.99%
Conflux Conflux (CFX) $0.20 ↑ 2.41%
PancakeSwap PancakeSwap (CAKE) $2.92 ↑ 6.61%
PAX Gold PAX Gold (PAXG) $3,345.19 ↓ -0.10%
Raydium Raydium (RAY) $3.50 ↑ 14.40%
Kaia Kaia (KAIA) $0.15 ↑ 5.33%
Sonic Sonic (S) $0.32 ↑ 7.36%
Pendle Pendle (PENDLE) $5.49 ↑ 0.88%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 11.28%
Tezos Tezos (XTZ) $0.87 ↑ 6.55%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.37 ↑ 4.63%
Theta Network Theta Network (THETA) $0.90 ↑ 7.65%
Vaulta Vaulta (A) $0.56 ↑ 3.37%
Nexo Nexo (NEXO) $1.35 ↑ 1.27%
IOTA IOTA (IOTA) $0.21 ↑ 7.75%
Gala Gala (GALA) $0.02 ↑ 8.93%
Tether Gold Tether Gold (XAUt) $3,353.78 ↑ 0.10%
The Sandbox The Sandbox (SAND) $0.31 ↑ 8.65%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 9.72%
Morpho Morpho (MORPHO) $2.25 ↑ 9.34%
Home News

Xaman Wallet’s $6B Milestone – A Win for Low-Cost Payments

Shumayel Affandi by Shumayel Affandi
24 January 2025
in News, Business
Reading Time: 3 mins read
0
Xaman Wallet’s $6B Milestone – A Win for Low-Cost Payments

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • DOGS and Act I: The AI Prophecy Pump Big – Is MoonBull the Best Crypto to Watch in 2025 as Its Whitelist Fills Fast?
    • Dogecoin Price Prediction: DOGE Pushes Higher as Stage 17 Cat Aims for 312% ROI
  • Efficiency at Its Best: The Xamam Case Study
  • The Role of xApps in Xaman’s Success 
  • Regulatory Optimism Fuels XRP Ecosystem Growth 
  • A Future Full of Potential 
  • Conclusion
    • FAQs

YOU MAY BE INTERESTED

image 424

DOGS and Act I: The AI Prophecy Pump Big – Is MoonBull the Best Crypto to Watch in 2025 as Its Whitelist Fills Fast?

13 August 2025
image 420

Dogecoin Price Prediction: DOGE Pushes Higher as Stage 17 Cat Aims for 312% ROI

12 August 2025
ADVERTISEMENT

The blockchain world is no stranger to remarkable achievements, but the efficiency demonstrated by Xaman Wallet in 2024 has captured the attention of crypto enthusiasts worldwide. Formerly known as Xumm, Xaman reportedly processed a staggering $6 billion in XRP transactions while incurring just $510 in total fees—a shining example of the potential behind XRP Ledger (XRPL).

Efficiency at Its Best: The Xamam Case Study

In a post shared on X (formerly Twitter), Xaman Wallet revealed the mind-boggling numbers behind its transactions. Users paid less than 10 cents for every $1 million transferred—a stark contrast to the hefty $20–$50 fees commonly charged by traditional banks for $2,000 transfers, which can take days to settle.

This achievement highlights the power of XRPL, designed as a low-cost and efficient payment system. Xaman utilized the ledger’s capabilities to enable cross-border remittances and other payments with unparalleled speed and scalability.

Xaman wallet
Xaman wallet

According to Robert Kiuru, Chief Operating Officer of XRPL Labs, “Our focus has always been on simplifying blockchain payments while ensuring affordability and accessibility. These numbers are a testament to our mission and the XRP Ledger’s potential.”

The Role of xApps in Xaman’s Success 

Xaman Wallet’s growth can also be attributed to the introduction of its xApps feature in 2024. These embedded web applications allow users to perform various tasks directly through the wallet, such as accessing on/off-ramp solutions, decentralized exchanges (DEX), and payment tolls.

In 2024 alone, Xaman users interacted with xApps nearly 8 million times, showcasing the platform’s immense popularity and utility. The volume of transactions on Xaman was also seven times greater than those processed on other XRPL-based DEX platforms during the same period.

“The adoption of xApps has not only streamlined the user experience but has also demonstrated the scalability of XRPL for broader applications,” Kiuru added.

Regulatory Optimism Fuels XRP Ecosystem Growth 

The broader XRP ecosystem has benefited significantly from increasing optimism regarding regulatory clarity in 2024. This favorable environment has laid a solid foundation for platforms like Xaman Wallet to grow and expand their reach.

Regulatory clarity is a game-changer for blockchain-based financial systems, as it encourages trust and adoption. With legal uncertainties reducing, innovative payment solutions like Xaman are finding it easier to attract new users and investors.

Xaman wallet
Xaman wallet

Xaman’s achievements also highlight the value of XRP Ledger as a low-cost, fast, and scalable payment solution, reinforcing its relevance in the evolving blockchain landscape.

A Future Full of Potential 

Xaman Wallet has ambitious plans for 2025, with more features and xApps in the pipeline. As blockchain adoption grows, so does the demand for efficient and user-friendly financial solutions. Xaman Wallet is well-positioned to meet this demand, leveraging the scalability and affordability of XRP Ledger.

The wallet’s success is a reminder of the potential for blockchain to revolutionize financial systems, making payments faster, cheaper, and more accessible for people worldwide.

Conclusion

Xaman Wallet’s achievements are a testament to the transformative potential of blockchain technology. With its innovative features and the efficiency of XRP Ledger, Xaman Wallet is setting new benchmarks in the world of digital payments. As 2025 unfolds, all eyes will be on how it continues to innovate and reshape the financial landscape. Keep following Turkishnyradio and keep an eye on Crypto updates and developments.

FAQs

Q: What makes Xaman Wallet stand out in the blockchain space? 

A: Xaman Wallet, powered by XRP Ledger, is known for its low-cost, fast, and scalable payment solutions. In 2024, it processed $6 billion in transactions for just $510 in fees, demonstrating exceptional efficiency.

Q: What are xApps, and how do they work in Xaman Wallet?

A: xApps are embedded web applications within Xaman Wallet that allow users to perform various tasks like on/off-ramp solutions, accessing decentralized exchanges, and making payments directly through the wallet.

Q: Why is XRP Ledger (XRPL) so efficient? 

A: XRP Ledger is designed to enable low-cost, fast, and scalable transactions. It uses a unique consensus mechanism instead of energy-intensive proof-of-work systems, ensuring efficiency.

Q: How does Xaman Wallet compare to traditional payment systems?

A: Xaman Wallet significantly reduces transaction costs. For instance, it charges less than 10 cents for transferring $1 million, compared to $20–$50 for a $2,000 bank transfer, which can also take several days to process.

Q: What regulatory developments supported Xaman Wallet’s growth in 2024? 

A: Increasing regulatory clarity around XRP and blockchain-based payment systems in 2024 provided a favorable environment for Xaman Wallet to thrive and expand its user base.

Tags: low cost paymentXaman wallet
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