This Project Just Added $5 Billion to XRP Market Cap, Co-Founder Shows How

Dom Kwok, co-founder of EasyA, a prominent blockchain education platform, made a notable statement on the social media platform X that has drawn attention across the XRP community. Kwok posted, “@easya_app just added $5 BILLION to $XRP market cap.” The bold claim was met with a follow-up question from X user Kurt Kickass, who asked , “How? What does your app do? How did it add 5 billion? That’s impressive.” In response , Kwok pointed to a “huge inflow of new developers building on the XRP Ledger via EasyA.” @easya_app just added $5 BILLION to $XRP market cap pic.twitter.com/1knwhwL5xk — Dom (Bull/ish) | EasyA (@dom_kwok) June 8, 2025 Hackathon Projects Showcase XRPL Use Cases Kwok’s comments were tied to developer activity seen during a recent event organized by EasyA in collaboration with Ripple. The event, the EasyA x Ripple Singapore Hackathon, featured various projects built on the XRP Ledger (XRPL). A post from EasyA’s official X account shared additional details, showcasing what it described as early signs of serious developer interest translating into real-world applications that leverage XRPL’s capabilities. The post described several of the most prominent projects launched during the hackathon. One such project, New Era, enables users to deposit RLUSD (Ripple’s new stablecoin) and earn yield, presenting an on-chain interest-bearing product built directly on XRPL. Another project, XRPL Asset Manager, is designed for institutional use, offering a streamlined way for large asset managers to tokenize assets on the XRP Ledger. According to EasyA, this tool aims to attract traditional finance institutions seeking to enter the tokenization space with lower operational friction. Applications Target Payments, Tokenization, and Lending TokenPass was presented as a platform for businesses and creators to implement token gating, where exclusive content or services can be accessed only by holders of specific tokens on the XRPL . This model has increasingly gained traction in Web3 content and experience monetization. Wave Tip, another project developed during the event, focuses on helping creators, particularly on platforms like Twitch, retain more of their income through microtransactions powered by the XRP Ledger’s low-fee architecture. Further emphasizing financial services use cases, Kazi Pay allows freelancers to receive payments in XRP or RLUSD, potentially improving access to faster, cheaper cross-border earnings. CrowdLift introduces a new way for startups to raise capital by issuing tokens directly on the XRPL. This could lower entry barriers to early-stage funding, a common challenge in the startup ecosystem. Meanwhile, MicroLoan X is built to facilitate small, low-fee personal loans on the XRP Ledger, which may appeal to users in underserved or emerging markets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 EasyA Ties Developer Growth to XRP’s Market Performance Kwok’s assertion that EasyA was responsible for contributing to a $5 billion increase in XRP’s market capitalization appears to be based on the influx of developer activity, which in turn may be interpreted by the market as a signal of growing utility and future transactional volume. While the precise causal relationship between these new developments and market capitalization growth is difficult to quantify directly, Kwok’s statement implies that developer momentum is translating into increased demand and confidence in the network. EasyA has positioned itself as a key driver of blockchain education, and its efforts to onboard developers to various ecosystems , especially through hackathons and structured challenges, have previously drawn attention in other blockchain communities. Its partnership with Ripple in Singapore reflects a focused attempt to expand the scope of real-world applications being built on XRPL, beyond just token transfers. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post This Project Just Added $5 Billion to XRP Market Cap, Co-Founder Shows How appeared first on Times Tabloid .

Source: TimesTabloid