In 2024, Xaman Wallet processed over 6 billion USD in XRP transactions, costing only 510 USD in fees, equivalent to less than 10 cents for each 1 million USD transferred. This starkly contrasts with traditional banking fees.
The growth of Xaman is attributed to user-friendly upgrades, such as xApps, which garnered nearly 8 million interactions. Optimism surrounding the XRP ecosystem and potential regulatory clarity further supports Xaman’s expansion.