Xahau is a smart contract sidechain to the XRPL ecosystem, introducing "Hooks" to enable smart contract functionality on the XRPL. These Hooks are small pieces of code that live in Xahau accounts and check transactions against specified rules that Hooks set. This makes it possible for transactions to be executed safely and automatically.
Xahau XRP (XAH) is the currency of the network. It is a utility token to purchase network services. Like the XRPL, transactions on Xahau incur a fee or reserve that is charged in Xahau XRP to protect the Ledger against spam and bloat.
In Xahau, transaction fees are calculated dynamically based on how complicated Hook transactions are. This is because smart contract transactions require more computing power than regular XRPL transactions.
The native token, XAH, acts as "network gas" when executing smart contracts, providing the necessary computational resources to ensure smooth contract execution.
Xahau's governance is managed through the Genesis Hook Governance Game, a decentralized mechanism overseeing the emission and management of Xahau XRP (XAH), rewarding active network participants, and ensuring a sustainable ecosystem.
Xahau (XAH) extends the XRPL ecosystem's functionalities by integrating smart contract capabilities through Hooks, offering a platform for developers to build and interact with smart contracts while maintaining the security and efficiency inherent to the XRPL.
Where is Xahau available for purchase?
You can exchange XAH tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Xahau is CoinEx, notably the XAH/USDT pair, which saw a trading volume of $ 4,103.04 in the past day. Additionally, Bitrue and BitMart are popular alternatives for trading tokens.
What is the highest value Xahau (XAH) has ever reached?
Xahau (XAH) reached its peak price at 0.6371 $ on 04 December 2023, approximately 2 years ago ago. Presently, the current price is -93.3% lower than this all-time high.
What is the historical minimum price for Xahau (XAH)?
The minimum price reached for Xahau (XAH) was 0.02214 $, documented on 05 August 2024, more than a year ago. In comparison, the current price is 92.7%, it above this historical low.
What is the fully diluted valuation of Xahau (XAH)?
The fully diluted valuation (FDV) of Xahau (XAH) stands at $ 25,52 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000,000 XAH tokens. The realization of this FDV might take several years depending on the emission schedule of XAH tokens.