Ripple's EVM Side Chain Shakes ETH and XRP Markets

6/30/2025 at 12:30 AM
Sentiment: 0.747
18 sources

Ripple announces EVM side chain, impacting ETH and XRP trading activity.

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Ripple's XRP Ledger now supports Ethereum-compatible smart contracts, enabling Ethereum-based dApps and protocols to operate within the XRP ecosystem through a new sidechain. This development could boost XRP adoption, potentially driving its price up by 10%.

Ethereum traders are optimistic about prices reaching $4,000 this summer. This sentiment is influenced by market factors fueling increasing interest and projections for Ethereum’s growth, as part of notable developments affecting the wider cryptocurrency market landscape.

Grok AI predicts Bitcoin will reach $175,000 by year-end 2025, spurred by institutional demand and supply constraints, while Ethereum is forecasted to hit $8,000, boosted by advancements in layer-2 networks and institutional inflows.

Ethereum (ETH) sees robust institutional capital inflows, with CoinShares data showing over $1.43 billion in July, bolstered by May's Pectra upgrade improving scalability. Analysts suggest ETH is undervalued compared to Bitcoin, indicating potential for future price appreciation.

ETH and XRP increased their open interest and funding rate, becoming the leading L1 chains to spark trader interest. Ripple's ...

Ethereum's funding rate is high, indicating bullish sentiment driven by ZK-rollups and ETF speculation, but on-chain activity shows declining daily active addresses. High funding rates risk sharp liquidations if institutional catalysts fail to materialize, cautioning against over-leveraging.

Bitcoin's uptrend remains strong above $107,000, driven by institutional inflows into spot ETFs. Ethereum faces challenges maintaining gains despite previous recovery. Inflows into digital asset products reach $17.8 billion, with Bitcoin leading with significant contributions.

Bitcoin demonstrated bullish momentum, with a potential for a record-breaking monthly close, holding January's highs and posting its second-highest weekly candle close. Ethereum may follow a Wyckoff accumulation pattern, indicating potential for a major breakout.

Ethereum (ETH) experienced inflows of $429.1 million last week, indicating positive investor sentiment, while Sui (SUI) attracted $1.4 million. These inflows reflect continuous cryptocurrency investment growth amidst geopolitical and monetary influences, with significant contributions from the USA.

Ethereum and XRP are poised for significant growth in 2025, driven by improved macro sentiment, regulatory clarity, and technological upgrades. Ethereum's liquidity increase post-Shapella upgrade positions it for potential rallies, while XRP's SEC settlement and partnerships strengthen its legal and market standing.

If Bitcoin, Ethereum, and Solana achieve VanEck's predicted targets, XRP could potentially reach an all-time high of $23.35, influenced by the broader market dynamics and altcoin season, following Bitcoin dominance retracement and favorable altcoin market conditions.

Ethereum remains the dominant Layer 1 platform by developer activity and utility, with proposals like EIP-7782 aiming to reduce fees and block times, inspiring diversified long-term investment strategies despite volatility and resistance zones between $2,380 and $2,744.

Ethereum, despite completing long-awaited upgrades, is experiencing sideways market movement as staking yields stabilize and institutional adoption steadies, prompting traders to pivot toward MAGACOIN FINANCE for potential higher asymmetric returns due to its novel approach and growth prospects.

Ethereum, maintaining a market value of over $296 billion, faces a 3.1% price drop this week and over 7% in the last month despite institutional support and ETF approvals. The Shapella upgrade released $30 billion in ETH, increasing potential short-term selling pressure.

BTC is nearing its all-time high with bullish RSI and MACD indicators, suggesting potential new highs. ETH's rally is supported by a crossover above key resistance, while XRP approaches critical resistance, possibly setting the stage for upward momentum.

Ethereum and Solana remain key players in crypto, driving decentralized finance, mainstream adoption, and retail enthusiasm. However, analysts suggest newer altcoins like MAGACOIN FINANCE might lead future growth, benefiting from untapped potential amid a market rotating towards early-stage projects with significant upside potential.

Ethereum remains the smart contract standard with institutional backing and real-world utility, but its short-term upside appears capped, prompting investors to explore presale opportunities like MAGACOIN FINANCE, which shows momentum, structured financial use case, and growing early-stage adoption.

Ethereum, facing network congestion and scaling complexities, experiences fluctuating sentiment despite a promising scalability roadmap. Short-term uncertainty prompts traders to reduce exposure, creating opportunities to reposition capital in emerging crypto sectors while navigating these evolving challenges.

    Ripple's EVM Side Chain Shakes ETH and XRP Markets | Baaao