In an exciting move that has gained substantial attention in the crypto industry, XRPL Labs, a prominent innovator in the blockchain world, has unveiled the rebranding of its flagship wallet from Xumm to Xaman.

In a blog post, the firm highlighted that the strategic decision marks a critical milestone in the evolution of its product, bringing forth a fresh new look and additional features to provide customers with an even better experience.

The firm stated that the rebranding of Xumm goes beyond a mere visual facelift. It represents the firm’s advancement and expansion as a significant player in the blockchain ecosystem. 

Furthermore, XRPL Labs acknowledged that the decision also reflects the importance of differentiation within the industry. As XRPL Labs observed the crypto ecosystem, it became clear that there were other organizations with similar names operating in the same market. 

This generated worries about potential confusion among users and stakeholders. To overcome this issue and maintain a separate brand image, XRPL Labs made the strategic decision to rebrand its flagship wallet as Xaman.

While commenting on the update, Maaike van der Veen, Chief Business Officer at XRPL Labs highlighted that the rebranding aligns with the firm’s goal of bridging the crypto-retail divide while facilitating smooth acceptance and growth.

Recognizing the importance of adoption and widespread use, XRPL Labs has embarked on a mission to create innovative solutions that facilitate the integration of digital assets into everyday commerce.

Xaman, originally launched in 2019, quickly gained popularity among XRP enthusiasts for its user-friendly interface and has been used to launch products such as CasinoCoin Ledger.

XRPL Labs Engages in Community Development

With a strong commitment to collaboration and engagement, XRPL Labs actively invests in initiatives that empower and support the vibrant community surrounding its products and services.

The firm revealed that its lead Designer Tristan, a critical player in its transition to Xaman, will be representing The Netherlands and Xaman in the upcoming Footgolf World Cup.

From May 26th to June 6th, the Xaman team will proudly wear Xaman-branded shirts, emphasizing their support and representing the team’s unity. This effort demonstrates Xaman’s dedication to engaging with the community and expanding its footprint.

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

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Cardano’s supporters on Crypto Twitter are sharing their experience using Sundaeswap (SUNDAE), its flagship decentralized finance (DeFi) ecosystem.

Sundaeswap (SUNDAE) now allows users to exchange assets in less than a minute: user

Anonymous Cardano (ADA) enthusiast and staking pool operator who goes by @Swag_Stakepool on Twitter is fascinated by the speed of exchange demonstrated by the Sundaeswap (SUNDAE) exchange module.

So…@SundaeSwap doing swaps under a minute now. CT had the whole industry shook that these growing pains on #Cardano could never be remedied.

Y’all funny.

— Jeff – SW₳G Stakepool – $DANA ISPO (@Swag_Stakepool) March 3, 2022

As per his estimations, on average, Sundaeswap (SUNDAE) handles cross-asset swaps in less than one minute. This period can be compared to Ethereum-based and BSC-based top-tier DEXes Uniswap (UNI) and Pancakeswap (CAKE).

He also mocked the skepticism of Cardano’s crticics who predicted that Cardano’s DeFi ecosystem would not get rid of the troubles it faced upon smart contracts launch.

As covered by U.Today previously, Cardano (ADA) skeptics repeatedly announced that due to the limitations of its EUTXO model, it will not be powerful enough to host modern DeFi infrastructure.

New Daedalus release saves almost 30% of RAM usage

Sundaeswap (SUNDAE) is one of the earliest DeFi protocols in Cardano’s ecosystem. It boasts a cross-asset swap module, yield farming instruments and other DeFi tools.

On Feb. 14, 2022, it smashed through a major milestone: its net volume of assets locked exceeded $100 million.

Also, yesterday, Cardano dev IOHK released an updated version of its node software, Daedalus.

Daedalus 4.9.0 for Cardano has been released on auto update and appears to use less RAM. On my Mac the cardano-node and Daedalus processes combined use 8.62 GB RAM total, down from 12 GB last I checked.
Best full node wallet ever.#Cardano #Ada #goingfornumber1 pic.twitter.com/UxPQTtLyiB

— Rick McCracken , (@RichardMcCrackn) March 3, 2022

Daedalus 4.9.0 now consumes 8.62 GB RAM in all on Apple’s Mac computers, compared to 12 GB registered previously.