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XRP’s Multi-Chain Expansion: Axelar Integration and EVM Sidechain Launch Propel Future Growth

XRP’s Multi-Chain Expansion: Axelar Integration and EVM Sidechain Launch Propel Future Growth

Author:
XRP News
Published:
2025-07-29 03:53:12
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XRP has taken a significant leap forward in blockchain interoperability with its integration into the Axelar network, connecting over 124,476 tokens across 60+ blockchain ecosystems. This strategic move, coupled with the launch of the XRPL Ethereum Virtual Machine (EVM) sidechain, positions XRP for enhanced utility in decentralized applications and smart contracts beyond its native ledger. As of July 2025, these developments mark a transformative phase for XRP's ecosystem, potentially driving increased adoption and value appreciation in the cryptocurrency market.

XRP Gains Multi-Chain Access Through Axelar’s Interoperability Boost

XRP has achieved a significant milestone with its integration into the Axelar interoperability network, bridging approximately 124,476 tokens across more than 60 blockchain ecosystems. This development enhances XRP's utility in decentralized applications and smart contracts beyond the XRP Ledger.

The timing aligns with the launch of the XRPL ethereum Virtual Machine (EVM) sidechain, enabling seamless interaction with Ethereum-compatible platforms. Developers can now incorporate XRP into multi-chain workflows without relying on centralized intermediaries, unlocking new possibilities in DeFi, gaming, and cross-chain applications.

Axelar's secure bridging mechanism eliminates the need for custodial solutions, positioning XRP as a versatile asset for liquidity and collateral across diverse blockchain environments. This integration marks a pivotal step in expanding XRP's reach and liquidity in the decentralized finance landscape.

American Express Adopts RippleNet for Cross-Border Payments, Fueling XRP ETF Speculation

American Express has integrated RippleNet's blockchain infrastructure to process real-time cross-border payments for corporate clients, leveraging Ripple's On-Demand Liquidity (ODL) system. While the financial giant does not hold XRP directly, the digital asset plays a critical role in facilitating instant currency conversion and settlement behind the scenes.

The partnership showcases growing institutional adoption of blockchain solutions, with RippleNet enabling American Express to bypass traditional banking delays and reduce transaction costs. This development coincides with renewed market interest in a potential XRP ETF, as evidenced by recent infographics highlighting the cryptocurrency's utility in enterprise applications.

Ripple's technology continues gaining traction in global payments, with its ODL system eliminating the need for pre-funded accounts in foreign countries. The American Express implementation demonstrates how established financial institutions are quietly embracing crypto infrastructure without direct exposure to digital assets.

XRP Surges 12% as BNY Mellon Partnership Boosts Market Confidence

Ripple's XRP rallied more than 12% to break through $2.45 following its partnership with Bank of New York Mellon to custody the RLUSD stablecoin. The collaboration with America's oldest bank signals accelerating institutional adoption, with analysts eyeing a potential $3.72 price target if momentum sustains.

Separately, cloud mining platform GoldenMining reports users achieving daily profits exceeding $8,700 through its XRP blockchain integration. The London-based firm claims some investors have realized short-term gains approaching $15,700, though such returns remain unverified.

XRP Price Prediction: Market Eyes $5 Target Amid ETF Buzz and Remittix Traction

XRP's price trajectory dominates market discussions as anticipation builds around a potential ETF approval. The SEC's timeline for a late-2025 decision fuels optimism, with analysts projecting a $5 valuation based on institutional demand and whale accumulation patterns. Meanwhile, Remittix's $RTX token emerges as a dark horse in the presale arena, leveraging utility-driven growth.

Nearly 900 million XRP recently moved into whale wallets, signaling renewed institutional confidence. Market observers view this accumulation as a precursor to broader participation, though price action remains subdued. The Ripple ETF application reportedly maintains a 95% completion rate, suggesting regulatory hurdles may be clearing.

XRP Breaks Out as Whale Activity and Stablecoin Growth Fuel Rally

XRP surged 6% on July 10-11, breaking out of a descending wedge pattern with trading volume spiking 168% above the daily average. The rally saw the token climb from $2.42 to $2.57, establishing fresh support at $2.53.

Whale accumulation reached a notable milestone, with addresses holding over 1 million XRP now controlling 47.32 billion tokens. This institutional buying frenzy coincides with Ripple's RLUSD stablecoin surpassing $500 million in market capitalization, signaling growing ecosystem strength.

The breakout occurred at 21:00 UTC on July 10, accompanied by 219.30 million in volume against a 24-hour average of 81.85 million. Price action showed 7% intraday volatility, ranging between $2.42 and $2.59.

Ukraine's Crypto Regulation Stalls as Lawmaker Reveals Personal XRP Investments

Kyiv's Incrypted Conference 2025 became a focal point for Ukraine's stalled cryptocurrency legislation, with MP Yaroslav Zheleznyak revealing legislative gridlock while discussing his personal XRP holdings. The draft law "On VIRTUAL Assets" remains paralyzed in Parliament despite unanimous committee support, leaving the country's crypto framework in limbo.

Zheleznyak, Deputy Head of the Finance Committee, confirmed the bill's stagnation during a mainstage debate about potential National Bank crypto reserves. The legislator-turned-investor's disclosure of XRP positions underscores the growing intersection between policymaking and personal crypto exposure in emerging markets.

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