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Ripple has introduced XAODAO, a decentralized governance initiative for the XRP Ledger (XRPL), aimed at fostering innovation and community-driven decision-making. Built on principles of decentralization and transparency, XAODAO empowers members to propose, vote, and fund projects on the XRPL.
- XAODAO introduces decentralized governance to the XRP Ledger (XRPL), enabling community-driven proposals and voting.
- The initiative is backed by Ripple and recognized by the XRP Ledger Foundation (XRPLF) as a founding member.
- XRP's price struggles at $2.1, but analysts predict potential long-term growth to $100 under favorable conditions.
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