XRP News Today: XRP Surges 30% to $2.30 on Ripple EVM Sidechain Launch

XRP, the cryptocurrency developed by Ripple, has seen a surge in price, crossing above the $2.20 mark in July. This bullish momentum is fueled by the launch of Ripple’s EVM sidechain on the mainnet, which enables Ethereum-style smart contracts on the XRP Ledger. This major update is anticipated to attract new capital and innovation to the network, setting the stage for a wave of new dApps, wallets, and cross-chain bridges.

According to popular crypto analyst CasiTrades, XRP is currently following a bullish breakout structure. He notes that the XRP price has surged toward $2.30, with the next crucial step being a pullback to $2.25. This level marks a critical breakout confirmation. If XRP flips this zone into strong support, the next targets are clear. Casi adds that technical indicators remain strong, with the RSI showing no bearish divergence on lower timeframes. This suggests that the breakout was not just hype; it was backed by genuine buying volume.

If XRP holds the $2.25 zone, the next major resistance levels are at $2.69 and $3.04. Once those are cleared, analysts believe XRP could enter “blue skies”, a zone with minimal overhead resistance and massive upside potential. The Ripple vs SEC legal battle is finally winding down, with Ripple dropping its appeal. Meanwhile, XRP ETF rumors are circulating in the market, fueling further bullish sentiment.

XRP’s recent rally is more than just a short-term spike; it could be the beginning of a major macro breakout. With strong fundamentals, bullish momentum, and ecosystem upgrades, XRP might be setting the stage for its next big move. The XRP Army is watching closely. Will $2.25 hold and open the door to $3 and beyond?

For July 2025, some analysts predict that XRP could reach $5.05 by the end of the year, with long-term projections showing potential for $26.50 by 2030 and $526 by 2050. These predictions are based on the assumption that broader market conditions remain favorable and that new use cases and adoption continue to grow. Current market conditions also play a role in these predictions. XRP has rallied nearly 30% from its four-month low of $1.61, recently trading between $2.15 and $2.36. A move past key resistance levels at $2.40, $2.61, and $3.00 could signal further upward momentum. Some analysts foresee XRP value reaching $5–$10 by the end of 2025, particularly if broader market conditions remain favorable and a U.S.-based XRP ETF gains traction.

In July 2025, the XRP price action is expected to break from its current triangle consolidation. A bullish breakout above $2.25–$2.30 could quickly take XRP to higher levels, potentially reaching the $5.05 mark by the end of the year. This prediction is based on the assumption that XRP can hold above the $2.31–$2.32 range and stay strong, opening the door to test $3 again in the near future.

Overall, while there is optimism surrounding XRP's potential for growth, it is important to note that these predictions are based on various assumptions and market conditions. Investors should conduct thorough research and consider multiple factors before making any investment decisions. The future of XRP remains uncertain, but the potential for significant gains in the coming years is a compelling narrative for many in the cryptocurrency community.