the crypto company sees 2025 as the year of the turning point

Among the latest announcements, the crypto company Ripple has talked about wanting to introduce new native smart contracts, compatible with Ethereum, on the mainnet of XRP Ledger in 2025. 

Latest crypto news: Ripple announces the arrival of native smart contracts on XRP Ledger by 2025

September is a bit for everyone that month in which ideas, goals, and future developments are organized. And so, Ripple wanted to publish a series of tweets with its important announcements regarding the present and the future. 

Among other points, emerges the one related to the introduction of new native smart contracts on XRP Ledger Mainnet in 2025, compatible with Ethereum.

“Ripple and the broader XRP community are committed to bringing new programmability, including smart contracts, to the XRPL dev ecosystem in 2025 – through the XRPL EVM sidechain (already in progress) and the exploration of native capabilities on XRPL Mainnet.“

Therefore, the crypto company says it is ready to develop this expansion plan of programmability for the XRP Ledger.

In practice, this move aims to provide builders, entrepreneurs, and users with further customization for a variety of use cases, accelerating innovation and attracting developers who want to leverage the expanded capabilities of XRP Ledger.  

Specifically, programmability on the XRP Ledger will improve thanks to two key developments: the introduction of native smart contract capabilities on the XRP Ledger Mainnet, currently under research, and the introduction of the XRPL EVM Sidechain, expected in the coming months. 

These advancements will complement each other to create a robust and versatile ecosystem capable of supporting a wide range of applications.

Ripple (XRP): the crypto company and its freedom to advance in 2025 

Ripple’s grand plans for 2025 can be realized mainly thanks to something that happened this year. 

Only in the month of August, Ripple saw definitively conclude its endless lawsuit against the Securities and Exchange Commission of the USA.

It is indeed an end not only to the 4-year-long SEC legal action, but also to all those regulatory concerns that have pursued the company. In practice, in this 2024, Ripple has returned to being a crypto company more free to act. 

Another important step that occurred this August also concerns the new stablecoin Ripple USD (RLUSD), pegged 1:1 to the US dollar. 

Even though the launch date of RLUSD has not yet been officially announced, it seems that the beta testing was successful and that the company has already minted and burned an initial batch of tokens.

Looking at Ripple’s tweet, the crypto company also talks about the collaboration with Futurverse, in the AI and Metaverse sector, which is using Ripple Custody for asset custody. Not only that, Futureverse is already adopting the XRPL NFT standard which uses XRP as a gas token on the Root Network and is integrated with XRPL DEX to provide liquidity to the network. 

The price of XRP

Every goal that Ripple reaches and will reach can make its crypto XRP increasingly attractive. 

At the time of writing, the general crypto trend is a bear market, and the price of XRP is 0.55$. 

The liberation of Ripple from the clutches of the SEC had made XRP soar by +20% in just 24 hours, with the price reaching 0.63$ last August 8. 

The same price was then reached also on August 24, probably also due to the general sentiment of enthusiasm among crypto investors for the news about the upcoming RLUSD.