XRPL Commons, a nonprofit organization supporting XRP Ledger development, unveiled a new grants program on July 23 targeting open-source developers, startups, and established blockchain companies. The program operates across three distinct tracks designed to support builders at different stages. RippleX, Ripple's developer-focused team, amplified the announcement and described the initiative as an additional resource for teams building on the XRP Ledger network. The launch follows Ripple's institutional XRPL strategy centered on developer funding, tokenization, and regulated financial applications.
XRPL Commons Launches Three-Track Grants Program
XRPL Commons announced the grants program operates across three tracks, each targeting a distinct builder profile. The organization stated the program combines grants with technical guidance, mentorship, and help bringing products to market. Ripple has invested more than $550 million across the XRP Ledger ecosystem since 2017 through various funding initiatives. The new structure distributes support across independent organizations rather than relying on one central funding source.
Glow Track Funds Open-Source Development
The first track, Glow, rewards developers who have created useful open-source software, documentation, or infrastructure. Glow has funded 11 projects since October 2025, including node-management tools, transaction dashboards, and post-quantum security integrations. Open-source work can be inspected, used, and improved by other developers across the ecosystem.
Startup Programs Combine Competition and Incubation
The second track includes three programs supporting startups. The Aquarium is a nine-week incubator offering mentorship, technical guidance, and business support. Make Waves is a 90-day competition challenging developers to launch applications on the live XRP Ledger network and attract users. Projects compete for a first-place prize of 25,000 XRP through Sept. 21. Early Stage Grants provide milestone-based funding, releasing money when teams meet agreed development or growth targets. Applicants need a working product on either testnet or mainnet. XRPL Commons stated funding is one part of how ecosystems grow, with the other part being support to help developers understand the protocol and navigate technical and market landscapes.
Integration Track Targets Established Products
The third track targets established products with users on other blockchains. XRPL Commons helps those companies add XRP Ledger payment, trading, or settlement functions to their existing services. The organization cited LOBSTR, a wallet originally built for Stellar, as a recent integration. This program targets established products that can bring existing users and transaction activity to the XRP Ledger. The strategy is supported by the ledger's native tokenization infrastructure, with official XRP Ledger documentation describing tools for issuing digital representations of assets and using built-in trading features to find liquidity routes.
XRP Ledger Processes 3.7 Billion Transactions Since Launch
XRPL Commons stated the ledger has processed more than 3.7 billion transactions since launch. Citing Messari data, the organization added that daily transactions averaged 2.48 million in the first quarter of 2026. Tokenized real-world assets climbed 124.1% to a record $2.25 billion. Ripple recently released an XRPL AI Starter Kit allowing developers to build software agents capable of making XRP Ledger transactions.
FAQ
What did XRPL Commons announce on July 23?
XRPL Commons unveiled a new grants program on July 23 targeting open-source developers, startups, and established blockchain companies. The program operates across three distinct tracks designed to support builders at different stages of development on the XRP Ledger.
How much has Ripple invested in the XRP Ledger ecosystem since 2017?
Ripple has invested more than $550 million across the XRP Ledger ecosystem since 2017 through various funding initiatives, according to XRPL Commons.
What prize does the Make Waves competition offer?
The Make Waves competition is a 90-day challenge where projects compete for a first-place prize of 25,000 XRP through Sept. 21. The competition challenges developers to launch applications on the live XRP Ledger network and attract users.
