Blockchain developer Peersyst Technology has announced an important upgrade to the XRP Ledger with the introduction of a mainnet Ethereum Virtual Machine (EVM) sidechain. This enhances the capacity for Ethereum-based protocols and decentralized applications (dApps) to function effortlessly within the XRP ecosystem. Recent analysis of XRP’s performance indicates that this integration could positively influence market sentiment and lead to potential price appreciation as XRP nears critical resistance thresholds.

By adding Ethereum compatibility to its ledger, the XRP network broadens its utility and connects with a vast developer base and liquidity pool. Ripple’s ongoing utilization of the Ledger for cross-border transactions and central bank digital currency (CBDC) initiatives suggests that this enhancement could significantly boost network activity and increase XRP’s long-term value.

Peersyst confirmed the launch of this sidechain on X, stating that Ethereum-native applications can now operate directly on the XRP Ledger, Ripple’s core blockchain platform.

📣 It's TIME! We are proud to announce that the XRPL EVM Sidechain is now live on Mainnet! 🚀
After 3+ years of research and development with @Ripple, the network is live providing native #XRP with unlimited new capacities to flow across the entire web3, deploy and interact… pic.twitter.com/ckoplQbnMK
— Peersyst Technology (@Peersyst) June 30, 2025

XRP Price Prediction for July 2025 – Observing Key Resistance Post-Sidechain Launch

On Monday, XRP’s price registered an increase as it targets to break free from a lengthy consolidation period. The token has remained beneath the $2.65 resistance for close to three months. A substantial daily closure above the next crucial resistance at $2.30 might indicate momentum shift and signal an end to this sideways trading.

Conversely, a decline below the June 22 low of $1.90 might challenge buyers and could see XRP retest significant psychological support near $2, potentially triggering liquidity accumulation prior to any renewed upward momentum.

The integration of the XRP Ledger with the Ethereum ecosystem could attract additional developers and users to the XRP network, consequently increasing the demand for XRP as the primary currency for transactions on the Ledger.

Key Takeaways

• The new EVM-compatible sidechain permits Ethereum-based dApps to operate on the XRP Ledger, enhancing its capabilities and appealing to more developers.
• XRP price analysis indicates that while it has been consolidating, a daily close above $2.30 may imply a momentum shift and initiate a price rally.
• A drop below the $1.90 support level might weaken buying pressure and lead to a retest of the important $2 psychological support.
• This integration could bridge the Ethereum and XRP ecosystems, likely heightening user activity and demand for XRP as the native token on the Ledger.