XRP Price Prediction: 1,400 Smart Contracts Launch as EVM Sidechain Goes Live
XRP is making waves again, not just in price, but through a major leap in functionality. On June 30, the XRP Ledger (XRPL)
Quick overview
- XRP Ledger has launched its EVM-compatible sidechain, enabling over 1,400 smart contracts within the first week, indicating strong developer interest.
- The EVM integration allows Ethereum-native apps to run on XRPL, offering faster and cheaper transactions while avoiding Ethereum's congestion and gas fees.
- This development enhances XRPL's capabilities in decentralized finance, gaming, and enterprise finance, positioning it to compete with major platforms like Ethereum and Avalanche.
- XRP's price remains bullish, supported by key technical indicators, as the ecosystem attracts new projects and users, particularly from emerging markets.
XRP is making waves again, not just in price, but through a major leap in functionality. On June 30, the XRP Ledger (XRPL) officially launched its long-anticipated Ethereum Virtual Machine (EVM)-compatible sidechain on the mainnet—a move that’s already delivering tangible results. Within the first week of launch, over 1,400 smart contracts have been deployed, signaling strong developer interest and ecosystem growth.
This EVM compatibility is more than just a technical upgrade. It allows Ethereum-native apps to run on XRPL, tapping into faster, cheaper transactions while avoiding Ethereum’s notorious congestion and gas fees. Developers can now deploy applications using Solidity and other Ethereum-friendly languages—without having to learn a new ecosystem.
With cross-chain flexibility at its core, the EVM sidechain lowers the entry barrier for developers while expanding XRPL’s use cases across DeFi, gaming, and enterprise finance. The deployment marks a significant evolution for XRPL, long known for its speed and efficiency but now entering a new era of programmable functionality.
Developer Adoption Points to Long-Term Utility
The rapid onboarding of smart contracts suggests this isn’t just a novelty—it’s a game-changer. The XRPL sidechain brings Ethereum-grade programmability to XRP’s infrastructure, enabling:
- Decentralized finance apps like lending, staking, and yield farming
- Automated smart contract execution for enterprise use
- Cross-chain token bridges enabling inter-ecosystem value flow
- Lower development costs due to faster throughput and no congestion
These capabilities have broad implications. For developers, it’s about building fast and affordably. For institutions, it’s about scaling securely. With EVM integration, XRPL could now compete with heavyweights like Ethereum, Avalanche, and BNB Chain—while offering a unique value proposition: performance without compromise.
As the number of contracts grows, XRP’s ecosystem is poised to attract new projects and users, particularly from emerging markets where transaction speed and cost remain vital factors.
XRP/USD Technical Outlook: Bullish Structure Intact
On the charts, XRP is holding strong at $2.2830 after bouncing off ascending trendline support and reclaiming both its 50-EMA ($2.2710) and 200-EMA ($2.2374). The structure has remained bullish since late June, with higher lows forming a clean uptrend.
- RSI sits near 60, trending upward without showing bearish divergence.
- Price has printed multiple long-wick candles, suggesting dip buyers are stepping in.
- A golden crossover on the 1-hour chart further reinforces short-term bullish sentiment.
Key Levels to Watch:
- Resistance: $2.3025 → $2.3437 → $2.3765
- Support: $2.2600 (trendline) → $2.2374 (200-EMA)
Trade Setup for New Traders:
- Buy Entry: Above $2.29 on bullish confirmation
- Target 1: $2.3025
- Target 2: $2.3437
- Stop-Loss: Below $2.26
As long as XRP holds its trendline and EMA support, momentum remains constructive. With EVM integration now live, the token’s fundamental and technical narratives are finally aligned.
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