XRP Surpasses $2.20 After EVM Sidechain Launch

Edited by: Elena Weismann

On July 4, 2025, XRP is trading at $2.25. The cryptocurrency reached an intraday high of $2.30 and a low of $2.24. This follows the launch of its Ethereum-compatible EVM sidechain on the mainnet. (Source: Text 1)

This update allows Ethereum-style smart contracts on the XRP Ledger. Analysts predict XRP could hit $2.70, with an average of $3.38 in July 2025. The RSI indicates XRP isn't overbought, suggesting further growth. (Source: Text 1)

Favorable macroeconomic conditions support XRP's growth. Potential U.S. Federal Reserve rate cuts and a weakening dollar may boost investment. Ripple's application for a U.S. national banking license could enhance XRP's legitimacy. (Source: Text 1)

Sources

  • NewsBTC

  • Coinpedia

  • FXEmpire

  • Cryptopolitan

  • Analytics Insight

  • Finbold

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