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XRP’s EVM Sidechain Launch Sparks Bullish Momentum Amid Smart Contract Integration

XRP’s EVM Sidechain Launch Sparks Bullish Momentum Amid Smart Contract Integration

Author:
XRP News
Published:
2025-07-15 06:50:19
20
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Ripple's XRP ledger has achieved a significant milestone with the mainnet launch of its Ethereum-compatible EVM sidechain, a development that could propel XRP into a new era of decentralized finance (DeFi) and smart contract functionality. This upgrade not only enhances XRP's utility but also positions it as a competitive platform for low-cost, high-speed transactions, attracting developers and investors alike. Currently trading between $2.20 and $2.23, XRP is testing a critical resistance level, with technical indicators suggesting a bullish breakout could be imminent. As of July 15, 2025, the market is responding with cautious optimism, anticipating further gains as the ecosystem expands. This article delves into the implications of Ripple's latest innovation and its potential to fuel a sustained XRP rally.

Ripple's EVM Sidechain Launch Fuels XRP Rally Potential

Ripple's XRP ledger has taken a decisive leap forward with the mainnet launch of its Ethereum-compatible EVM sidechain. The upgrade unlocks smart contract functionality, positioning XRP as a viable platform for decentralized applications seeking low-cost, high-speed transactions.

Market activity reflects cautious optimism. XRP currently trades between $2.20-$2.23, testing a critical resistance level. Technical charts suggest bullish momentum could propel prices toward $2.35 if the $2.21 support holds. Downside appears protected by strong support zones at $2.10 and $1.95.

The EVM integration marks a strategic pivot for Ripple, potentially attracting ethereum developers to build on its network. This infrastructure upgrade significantly expands XRP's utility beyond payments, creating new avenues for ecosystem growth.

XRP Nears Breakout as Leveraged ETF Hits $158M Amid Regulatory Milestones

XRP price consolidation hints at an impending breakout, with the Teucrium 2x Long Daily XRP ETF surpassing $158 million in assets under management. The fund's 1.89% expense ratio—unusually high for Leveraged products—hasn't deterred weekly inflows, including a $33 million surge last week.

Regulatory tailwinds bolster the case for XRP's next move. The resolved SEC vs Ripple Labs lawsuit unlocks new partnership potential, while the pending GENIUS Act positions Ripple favorably in the stablecoin regulatory landscape. Market participants now price an 86% probability of SEC approval for a spot XRP ETF.

XRP Price Prediction: XRP Set for July Breakout After $50M SEC Settlement Sparks ETF Speculation

Ripple's $50 million settlement with the SEC has cleared a major legal hurdle, lifting the regulatory cloud over XRP. The resolution, significantly lower than the anticipated $125 million penalty, removes restrictions on institutional sales and reignites Optimism for the token's future.

Market analysts now anticipate a July breakout for XRP, fueled by renewed institutional interest and growing speculation about a potential spot ETF. The settlement paves the way for Ripple to re-engage with financial partners, potentially driving fresh capital inflows and broader adoption.

ETF prospects gain traction as regulatory clarity improves. Industry observers note that major issuers like BlackRock may now view XRP as a more viable candidate for fund creation. This development could signal broader implications for crypto regulation in the U.S. market.

XRP ETF Speculation Fuels Investor Interest as XYZVerse Presale Gains Momentum

Speculation around a potential XRP ETF approval is driving renewed interest in the cryptocurrency market, with spillover effects boosting the XYZVerse presale. The memecoin project enters a favorable environment where community-driven tokens like PEPE and Dogwifhat have demonstrated explosive growth potential.

XYZVerse's presale surge reflects broader market dynamics as altcoin season approaches. Investors are increasingly targeting low-cap projects with high-growth narratives, particularly those leveraging viral marketing and strategic partnerships. The project's sports and influencer collaborations aim to replicate the success of previous memecoin breakouts.

Market observers note parallels between current conditions and prior cycles where exchange listings and sustained HYPE propelled similar assets to 30x returns. However, the space remains highly speculative, with regulatory developments around XRP and ETF products adding layers of complexity to investment theses.

Ripple CTO Unveils Rare XRP Development Snapshot

Ripple's Chief Technology Officer David Schwartz has sparked excitement in the XRP community by sharing a raw commit tree from the blockchain's earliest development phase. The visual artifact, resembling chaotic spaghetti code, reveals the grassroots collaboration that shaped Ripple's infrastructure.

The revelation began as a casual Twitter exchange about Schwartz's profile banner. When challenged to update it, the CTO offered four options—including this unfiltered look at XRP's coding origins. Developers and long-time supporters immediately recognized the significance of seeing a major blockchain's unvarnished beginnings.

Schwartz confirmed the diagram's authenticity, noting it captures the fast-paced environment where Ripple's technology was forged. The snapshot serves as both historical record and testament to the project's organic evolution—a rare transparency moment for a cryptocurrency often shrouded in regulatory controversy.

XRP Whales Drive Market Volatility Amid Mixed Accumulation and Dumping

XRP's price action defied typical market logic in late June as whale activity sparked both accumulation and sell-offs. On June 30, a transfer of 25.5 million XRP (worth $56.1 million) to Coinbase initially suggested a looming sell-off—yet the token's price ROSE 5% instead. This paradoxical movement hints at strategic repositioning by large holders rather than outright exits.

Analysts note the dual behavior mirrors historical patterns preceding XRP rallies. Open interest in derivatives surged alongside the price, indicating speculative momentum. "Large holders are re-entering the market," observed FXLeaders' Olumide Adesina, signaling potential preparation for a longer-term play amid the volatility.

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