XAH Price Chart & Trading Data

XAH (XAH)

Price: 0.01934000 XRP

24h Change: -4.15%

24h Volume: 22,133.45 XRP

Market Cap: 342,771.778 XRP

Holders: 6,399

Trustlines: 13,562

Issuer: rswh1fvyLqHizBS2awu1vs6QcmwTBd9qiv

Domain: gatehub.net

The Xahau Ledger (Xahau) is a smart contract sidechain for the XRP Ledger (XRPL), designed to extend its ecosystem with programmability, stronger tokenomics, and decentralized governance. Built as a fork of XRPL’s rippled codebase, Xahau retains the efficiency, environmental sustainability, and features of XRPL, including its consensus protocol, decentralized exchange (DEX), and spam-resistant fee model, while introducing several innovations. The cornerstone of Xahau is Hooks, lightweight layer-one smart contracts embedded at the account level. Hooks allow accounts to enforce transaction logic before execution, enabling applications such as whitelists, blacklists, escrows, registries, and autonomous treasuries. Compared to traditional smart contract systems, Hooks emphasize efficiency, security, and seamless integration with XRPL infrastructure. Xahau introduces URITokens, a streamlined NFT standard superior to XRPL’s XLS-20. URITokens are immutable, first-class ledger objects with extensible metadata, offering simplicity, interoperability, and user-friendly interactions. Its native token, Xahau XRP (XRP+), powers the network. Supply is uncapped but regulated through mechanisms balancing burned fees with emissions. Users receive monthly balance adjustments (~4% annually) to counter excessive fee burning, while governance validators are rewarded to sustain network health. Initial distribution allocated 600 million XRP+ to launch participants, XRPL Labs, GateHub, and the XRPL Foundation. A novel Burn2Mint portal links Xahau to XRPL. Users can clone XRPL accounts, burn XRP on mainnet, and mint equivalent XRP+ on Xahau. The exchange ratio begins at 1:1, gradually declining until Burn2Mint self-terminates after 30 million ledgers. This non-custodial, decentralized mechanism avoids the risks of centralized exchanges, wrapped tokens, and bridges. Governance is managed by the Genesis Hook Governance Game, a two-tier system with up to 20 validator “seats.” Rewards align validator incentives with user activity, while vote structures ensure decentralization and adaptability. Xahau was launched by the Xahau Launch Alliance—XRPL Labs, GateHub, Titanium, Evernode, and Digital Governing—without an ICO. The network launches fully functional, decentralized, and governed by independent actors, providing the XRPL ecosystem with a secure and efficient smart contract sidechain.

Trade XAH on the XRP Ledger DEX at XRPL.to