XRP’s W-Pattern Breakout and EVM Sidechain Launch Spark $40 Price Optimism
XRP is capturing market attention as technical and fundamental factors align for a potential breakout. The recent activation of the XRPL EVM sidechain marks a significant milestone, bringing Ethereum-compatible smart contracts to the XRP Ledger ecosystem. This development enables developers to deploy decentralized applications (dApps) while leveraging XRP's trademark speed and cost efficiency. The announcement triggered an immediate 23% surge in trading volume across major exchanges, signaling strong market interest. Chart analysts highlight the formation of a textbook W-pattern, a bullish technical indicator that often precedes substantial price movements. Combined with the EVM integration, these factors have fueled predictions of XRP reaching $40. The convergence of enhanced functionality through smart contracts and positive technical patterns positions XRP for what could be a transformative period in its market trajectory as of July 2025.
XRP’s W-Pattern Breakout and EVM Launch Fuel $40 Price Prediction
XRP's technical and fundamental landscape is converging at a pivotal moment. The activation of the XRPL EVM sidechain introduces Ethereum-compatible smart contracts to the XRP Ledger ecosystem, enabling developers to deploy dApps with XRP's signature speed and low costs. This milestone triggered a 23% surge in trading volume across major exchanges within hours of the announcement.
Chartists identify a textbook W-pattern formation, with EGRAG crypto projecting tiered targets: $15 (conservative), $22 (average), and $40 (optimistic). The pattern's neckline breakout coincides with the EVM launch, creating rare synergy between technical and fundamental drivers. Market participants are advised to implement disciplined profit-taking strategies even as bullish momentum builds.
XRP Price Prediction – Bulls Eye $2.6 Breakout Amid Accumulation Signals
XRP has been consolidating below the $2.6 resistance level throughout Q2 2025, following a 300% surge in 2024. The altcoin's range-bound movement between $2.0 and $2.6 reflects cautious market sentiment, despite over 1 billion XRP tokens being moved off exchanges in H1 2025—a potential accumulation signal.
Technical indicators paint a mixed picture. The daily chart shows XRP trapped below the 200-day SMA after a failed breakout attempt in May, while the 4-hour chart reveals persistent rejection at $2.3. A 7% spike on June 30th was quickly rebuffed at this level, suggesting the need for stronger catalysts to sustain upward momentum.
Market participants are watching two key developments: the impending resolution of Ripple's SEC lawsuit and growing ETF speculation. These factors could provide the necessary impetus for XRP to challenge its Q2 ceiling. The $2.16-$2.19 zone now serves as critical support, with a breakdown below $2.0 potentially delaying bullish prospects.
Dormant XRP Coins Flood the Market — Here’s What It Means for Price
Long-held XRP tokens are suddenly active, signaling potential sell-offs by long-term holders. Santiment data shows a surge in dormant circulation, with 387.19 million XRP moving after 90 days of inactivity—the highest in three weeks. This metric often precedes declines as seasoned investors exit positions.
Liveliness metrics from Glassnode reinforce the trend, climbing to 0.809 after a steady decline since June 5. Rising liveliness indicates dormant tokens are being moved or sold, typically a bearish signal. The market now watches whether this reflects profit-taking or anticipation of further downside.
Ripple vs. SEC Lawsuit Nears Conclusion as Key July 3 Date Approaches
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission is entering its final stages. Ripple has dropped its cross-appeal, and market participants are now watching whether the SEC will follow suit. Crypto commentator Captain Redbeard highlighted July 3 as a pivotal date, suggesting the SEC's closed-door meeting could bring resolution.
Speculation mounts as Ripple CEO Brad Garlinghouse confirms the company's withdrawal of its appeal, noting the SEC had previously indicated it WOULD do the same. However, the regulatory body must hold a Commissioner's vote before formally abandoning its appeal. The outcome could provide much-needed clarity for XRP and the broader crypto market.
Contrary to optimistic interpretations, former SEC lawyer Marc Fagel cautions that the July 3 meeting may not specifically address the Ripple case. The SEC routinely holds confidential weekly meetings, making definitive predictions premature. Market participants remain divided on whether this marks the beginning of regulatory clarity or another chapter in the ongoing saga.
XRP Poised for Breakout as Technical Patterns Signal Bullish Momentum
XRP shows compelling technical formations across multiple timeframes, suggesting an imminent upward move. The 4-hour chart reveals a coiled price structure awaiting breakout confirmation, while the daily timeframe displays a descending wedge pattern—a classic reversal signal.
Key resistance lies at $2.23, with a decisive breach potentially triggering rapid movement toward $2.32 and eventually $2.65. The cryptocurrency has established solid support near $2.10, reinforced by the 200 EMA—a critical dynamic support level in trending markets.
Analysts identify a 25% upside target at $2.85 should the wedge resistance break. Market observers note the setup requires volume confirmation to avoid rejection at current resistance zones. 'The launchpad is ready,' remarked one chartist, emphasizing the building momentum beneath current price levels.
XRPL Dominated by Payment Transactions as Institutional Adoption Grows
Nearly 60% of all transactions on the XRP Ledger (XRPL) are payments, accounting for approximately 8.5 million of the network's 14.1 million weekly transactions. On July 1 alone, payment transactions reached 967,000 out of 1.53 million total transactions, according to XRPScan data.
The dominance of payments aligns with Ripple's design philosophy for XRPL—prioritizing fast, low-cost cross-border settlements using XRP as a bridge currency. Institutional adoption of Ripple Payments, particularly in licensed markets like the UAE, has driven this activity surge in recent years.
While decentralized exchange activity remains modest—with 2,300 daily traders and 384 million XRP in volume—the network continues expanding as DeFi and NFT use cases emerge. XRPL's 400+ XRP trading pairs signal growing liquidity, though still dwarfed by smart contract chains like Solana.
