This is making XRP Ledger (XRPL) attractive since its total value locked (TVL) has recorded a new high of 944 million based on the data obtained by DeFiLlama. A great part of this growth may be explained by a newly introduced EVM-compatible sidechain of XRPL that was officially launched on June 30, 2025.
This sidechain has over 1,300 smart contracts today and over 17,000 active addresses, which has caused greater liquidity and activity on XRPL’s decentralized exchange (DEX). Investors and developers are now using the network to run yield farming, token swaps and others in order to conduct DeFi.
Within a couple of months, in June, changes in the TVL of XRP Ledger remained at about 90 million with no signs or incidence of adjustment. This time round it has surpassed that amount and exceeded that limit. It is the initial one in this cycle. A blast like this demonstrates that the true DeFi, in fact, takes place on the blockchain.
Due to such development, the frequency of user activity has also increased each week, as well as the number of transactions able to occur through XRPL. Not only does the network no longer just operate around the speed of payments, but it is also becoming an actual player in the DeFi market.
In the meantime, XRP also gained dominance in the market. In 2025, it will make up over 5 percent of the overall market capitalization of crypto, or the greatest market cap level ever. Today, as the newest development shows, XRP has established a new record price of 3,65 dollars, and investors and developers have established a new enthusiasm in it.
It demonstrates that XRPL is no longer a purely payment instrument, but it is something that operates within the larger realm of crypto-related use cases like smart contracts and financial apps.
Could XRP Really Hit $13 in 40 Days?
The bull has caused a stir in the crypto world by predicting that XRP could get as high as $13 in just 40 days. This pattern is a prediction that he based on Elliott Wave Theory, which is a way in which traders project market movements.
Severino identifies the XRP as having been in a long-term contracting triangle since 2018. According to him, we are already witnessing a breakout stage of the fifth wave that might resemble the 1,900 percent jump experienced by XRP in the year 2017. It took only six weeks to have that surge, and he believes something like that could happen once again.
However, not all people see eye to eye. Some would say that markets do not repeat history quite so neatly and this prediction is more ofa hope than a reality. However, the prospect is enthusiastic to many crypto enthusiasts, especially because XRP is gaining strength at a time when Bitcoin and Ethereum have chilled out.
A user confirmed the atmosphere, claiming that such a forecast is risky but people have an incentive to consider XRP once again.
Final Thoughts
The question is not whether or not the XRP will attain the value of 13 USD, but the major thing is that the XRP Ledger is developing rapidly. XRPL is well and truly a DeFi entity with new smart contract support, increased TVL, and increased user activity.
The more tools the ecosystem gives to the developers, the more use cases XRP might gain, even more power and market share, although it might not reach a dollar soon.
Such a step is a milestone in the process because it demonstrates that XRP is not only a payments token but a full-featured financial platform.
