XenDex Announces Token Sale as SEC Drops Ripple Lawsuit

SYDNEY, Australia, April 23, 2025 (GLOBE NEWSWIRE) — The cryptocurrency landscape is buzzing with anticipation as XenDex, a new decentralized finance (DeFi) project, has unveiled its plans to launch the $XDX token. This announcement comes on the heels of the U.S. Securities and Exchange Commission (SEC) dropping its lawsuit against Ripple, a move that has revitalized interest in the XRP cryptocurrency.

A New Era for XRP and DeFi

XenDex positions itself as the first AI-powered, all-in-one decentralized exchange (DEX) built on the XRP Ledger. This innovative platform combines non-custodial lending and borrowing, AI copy trading, and decentralized autonomous organization (DAO) governance, all tailored to enhance user experience and foster community involvement.

With XRP designed for high efficiency and broad usability, XenDex seeks to capitalize on renewed institutional interest and liquidity across the cryptocurrency market. The timing of this launch is particularly significant, as the dismissal of the SEC lawsuit marks a pivotal moment for XRP holders and the wider crypto community.

The $XDX Token Sale

XenDex’s $XDX token serves multiple purposes within its ecosystem, functioning not only as a utility token but also as a governance currency that empowers holders to make decisions about future developments within the platform. The token sale has already garnered attention in the XRP community, with many investors enthusiastic about the project’s potential for significant returns.

Interested individuals can participate in the presale through the official XenDex website, XenDex.net, where early adopters will have the first opportunity to acquire $XDX tokens.

"The conclusion of the Ripple Labs lawsuit is a monumental moment for the entire community," said a representative from XenDex. "As institutional interest surges, XenDex aims to meet this demand with an advanced DeFi infrastructure tailored for XRP."

Features and Benefits of XenDex

XenDex offers a variety of features designed to meet the needs of modern crypto traders and investors, including:

• Lending & Borrowing: Users can access liquidity or earn passive income through secure, smart contract-based loans.
• AI Copy Trading: Participants can automatically mirror the trades of leading investors in real-time using the platform’s AI-powered copy engine.
• Spot & Perpetual Trading: The platform enables instant trading with zero custodial risk via an embedded automated market maker (AMM).
• Liquidity Farming & Staking: Users can earn rewards in $XDX by providing liquidity or staking their tokens.
• DAO Governance: Every $XDX holder has a voice in critical platform upgrades, listing decisions, and more.
• Cross-Chain Compatibility: Future support is planned for other major blockchain networks, including Ethereum, BNB, Cardano, and beyond.

Tokenomics Overview

• Token Ticker: $XDX
• Total Supply: 1,000,000,000 tokens
• Presale Allocation: 300,000,000 XDX
• Utilities: Customary functions include governance, staking, fees, and potential airdrops.

As the platform’s smart contracts undergo thorough audits, XenDex guarantees a fully non-custodial experience, ensuring transparency and security for all users. Early presale participants will not only gain access to tokens but will also enjoy exclusive staking rewards and airdrops.

Looking to the Future

As the cryptocurrency market anticipates a potential launch of an XRP Exchange-Traded Fund (ETF), projects like XenDex are essential in reinforcing the infrastructure needed for upcoming waves of adoption. The integration of advanced technology, community governance, and high-speed execution positions XenDex as a significant player in the XRP ecosystem.

Potential investors and community members are encouraged to participate in the presale at XenDex.net and stay connected through their official Telegram channel and Twitter feed for ongoing updates.

Contact Information:
Frank Richards
Email: [email protected]

Disclaimer: The content provided in this article is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in cryptocurrency carries risks, and prospective investors should conduct their own research and consult financial advisors as needed.

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