ETH Arrives in XRP Crypto: XRP Price Forecast Changes Optimism
Distributed database developer Peersyst Technology has revealed a major upgrade to the XRP Record by launching a mainnet ETH Virtual Machine (EVM) sidechain. This advancement allows Ethereum-based protocols and dApps to function effortlessly within the XRP ecosystem.
Current XRP price analysis indicates that this growth could enhance market sentiment and facilitate potential price increases, particularly as XRP nears significant barrier level levels.
By introducing ETH compatibility, the XRP Database expands its capabilities and engages a broader developer community along with a larger available volume pool. Ripple’s ongoing utilization of the Ledger for cross-border payments, liquidity of digital assets, and initiatives for central bank digital currencies suggests that this enhancement may boost protocol activity and reinforce XRP’s long-term value.
Peersyst announced the sidechain’s launch on X, emphasizing that Ethereum-native applications can now function directly on the XRP Database, which serves as Ripple’s core blockchain platform.
It’s TIME! We are excited to share that the XRPL EVM Sidechain has officially gone live on Live protocol!
After over 3 years of research and development alongside @Ripple, the network is now live, providing native #XRP with unlimited new capabilities to flow throughout the entire web3, enabling deployment and interaction… pic.twitter.com/ckoplQbnMK
— Peersyst Technology (@Peersyst) June 30, 2025
XRP Price Prediction For July 2025 – Focuses on Key Barrier level After Side-chain Launch
(XRPUSDT)
On Monday, XRP’s price rose as it attempted to escape a prolonged consolidation phase. The token has been trading below the $2.65 barrier level level for nearly three months. A daily close above the next significant price ceiling at $2.30 could signify a change in momentum and indicate the conclusion of this sideways trading.
Conversely, falling below the June 22 low of $1.90 would challenge buyers and could lead XRP to test the critical psychological base level around $2. Such a drop might initiate liquidity accumulation before any renewed upward movement.
Linking the XRP Ledger with the Ethereum ecosystem, this development may attract more users and developers to the XRP protocol, potentially heightening market demand for XRP as the primary currency facilitating transactions on the Database.
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Key Takeaways
- The newly launched EVM-compatible sidechain allows Ethereum-based dApps to operate on the XRP Ledger, expanding its capabilities and attracting a larger developer base.
- XRP price analysis indicates that XRP has been consolidating, but a daily close above $2.30 could signal a shift in momentum and begin a price rally.
- A decline below the $1.90 base level level would weaken buying momentum and might result in a retest of the significant $2 psychological base level.
- This integration links the Ethereum and XRP ecosystems, likely increasing user engagement and demand for XRP as the native crypto token on the Ledger.
The post ETH Comes to XRP Crypto: XRP Price Prediction Shifts Hopes appeared first on 99Bitcoins.
