XRP Ledger Sees Bullish Momentum as User Engagement Drives Growth

Generated by AI AgentCoin World
Saturday, Apr 5, 2025 5:03 am ET1min read

The XRP Ledger (XRPL) ecosystem is currently experiencing a dynamic shift, with various factors influencing its market trends and future predictions. According to VET, a validator on the XRPL, the adoption of RLUSD, a stablecoin on the XRPL, requires active participation from users to accelerate its integration. The expansion of the VET system is contingent on enhanced interaction between retail consumers and institutional entities, highlighting the importance of user engagement in driving the network's growth.

VET emphasizes that the adoption effort will not succeed through passive waiting for others to assume responsibility. Sanctuary users need to actively convey their needs to developers, support new network applications, and maintain their use of the network. A proactive approach is essential to build a strong and dynamic XRPL network. This proactive method is crucial for the prolonged expansion of the XRPL ecosystem, as user-developer communication and active involvement are key elements in deciding strategic paths for development.

Smart contract deployment on the XRPL presents challenges to developers, as the platform continues to evolve. The native smart contract features expected to arrive are yet to be released, and their implementation date remains unknown. However, the use of an Ethereum Virtual Machine (EVM) sidechain represents an acceptable solution for developers who wish to construct blockchain applications during this current time period. This sidechain functions as a temporary solution while native smart contracts await implementation, but it remains subordinate to the complete integration of XRPL.

The XRP price exhibits bullish signals, currently trading at 2.1375 USDT, near a definitive resistance area spanning from 2.14 to 2.15. The price has recovered from the 2.10 support milestone while establishing consecutive higher low points, indicating rising demand. Both the RSI shows positive momentum at 60.36 without being overbought, and a newly emerged bullish MACD golden cross along with progressively growing green histograms indicate an upcoming price surge. If XRP surpasses the 2.15 resistance with a strong move, it could open an opportunity to rise toward the 2.17–2.18 range. However, the price shows potential for further upward movement if it maintains its elevation above 2.15 but might transition into a brief pullback toward 2.10–2.11 if market conditions change. Before entering positions, traders must monitor price action alongside volume data, as the technical indicators currently indicate bullish momentum.

Active user engagement stands as a priority for both XRP Ledger (XRPL) and its validator VET in order to speed up RLUSD adoption as the XRPL’s upcoming stablecoin. The network’s growth hinges on dynamic interaction between users, developers, and institutions—not passive observation. The EVM sidechain functions as an available solution while native smart contracts await implementation but remains subordinate to XRPL complete integration.