XRP News Today: DeXRP ICO Surpasses $4.3M as DXP Token Nears 80% Presale Completion

DeXRP, a next-generation decentralized exchange (DEX) built on the XRP Ledger (XRPL), has raised over $4.3 million in its ongoing initial coin offering (ICO), according to recent reports [3]. The project, which combines automated market maker (AMM) pools with traditional order book trading, is designed to leverage the speed and low transaction costs of the XRP Ledger to deliver fast 4-second settlement times and minimal trading fees [1]. The DXP token, which is central to the DeXRP ecosystem, has already attracted over 6,235 investors, with nearly 80% of the initial distribution tokens sold [3].

The DXP token is currently priced at $0.05285, with an expected listing price of $0.35 [3]. Investors can purchase the token using Ethereum, BNB Chain, Solana, XRP Ledger, Bitcoin, or USDT on supported networks, as well as through bank card transactions. The tokenomics are structured to support long-term sustainability, with 25% of the total supply allocated to the presale, 15% reserved for liquidity provision, and 10% earmarked for staking rewards [3]. The project is also introducing a dynamic fee mechanism that allows liquidity providers to bid for lower trading fees, an innovative approach aimed at enhancing user incentives and platform efficiency [3].

DeXRP aims to serve as a go-to trading hub for the XRPL community, offering advanced features such as real-time analytics, smart order routing, and a transparent governance model for token holders [3]. The platform’s utility-first approach is designed to support liquidity providers, traders, institutional investors, and DeFi platforms on the XRP Ledger. The project’s development is aligned with the growing interest in the XRP ecosystem, which has seen its on-chain TVL increase from $20 million to $100 million in just eight months [3].

With the XRP Ledger already demonstrating a 34% monthly growth rate in real-world asset (RWA) adoption, DeXRP’s launch is expected to further accelerate the expansion of DeFi on the chain [3]. The project has also drawn attention from major industry players, including Messari and Big Brain Holdings, which are anticipated to contribute to its early-stage growth [3]. DeXRP’s planned cross-chain capabilities and integration with major analytics platforms could further broaden its appeal to a global user base.

The DXP token listing is expected to be announced in the coming months, with a projected launch by Q4 2025 [3]. As the project moves toward its official listing, it remains focused on transparency, compliance, and institutional-grade security, positioning itself as a key player in the evolving DeFi landscape.

Source:

[1] DL News - Markets, DeFi, Regulation and top cryptocurrency

(url: https://www.dlnews.com/)

[2] Israeli new shekel to Litecoin (ILS to LTC) - Markets Insider

(url: https://markets.businessinsider.com/currency-converter/israeli-new-sheqel_ltc)

[3] Best Crypto Presales for Smart Investors - WeWake Finance

(url: https://insidebitcoins.com/sponsored/best-crypto-presales-for-smart-investors-wewake-finance-dex1rp)