What Happened?
The successful B3 Network, a gaming protocol originally built on Base, has announced its expansion to the XRP Ledger. The expansion is a result of a new partnership with XRP Commons, an initiative focused on encouraging developers to bring real-world utility to the Ripple ecosystem. This development could lead to a potential breakout and strengthen the current XRP price prediction.
Who Does This Affect?
This expansion affects a broad group including XRP token holders, developers, and investors of the XRPL ecosystem. With over 228 active games and over 7 million daily active wallets, this move could boost the credibility of the XRPL and attract other developers to bring their decentralized apps to this ecosystem. It may also affect any future partners who will collaborate within this expanded environment.
Why Does This Matter?
This matters because the expansion could drive momentum into the XRP’s network, potentially stimulating the market and attracting new users, thereby influencing the XRP price. Additionally, it highlights the increasing overlap between blockchain and gaming sectors which could set a precedent for other gaming protocols to expand their offerings onto other ledgers. This activity could have a broader impact on the market dynamics and future consolidations.