In a recent post, Ripple Labs has referred to 2025 as a breakthrough year for the company, which has many traders pondering what that means for XRP. Indeed, the incoming year is set to be huge for the XRP Ledger. Yet, that could have massive implications for the company’s native crypto.
September arrived with a plethora of new announcements from Ripple. Among them was the unveiling of Ethereum-compatible smart contracts to the ledger. Moreover, a company blog post has called 2025 a “significant year” for further developments that could develop into a vital year for XRP.
Also Read: Ripple to Add Ethereum Smart Contracts to its XRP Ledger
Ripple Has Big Plans for 2025: Could XRP Be Set to Surge?
2024 was supposed to be crucial for XRP. Indeed, the years long legal battle with the US Securities and Exchange Commission (SEC) was set to come to an end. Yet, with that settlement arriving, the asset has failed to live up to the hype.
A poor August has left the crypto up only 12% from this time last year, according to CoinMarketCap. Yet, that could be set to change. Specifically, Ripple has discussed the massive year 2025 will be, which should have a massive effect on XRP.
The company is set to develop two massive expansion points for its XRP Ledger. First, the introduction of native smart contracts. Still in the research phase, this will allow the ledger to undergo a gargantuan shift. Moreover, it will require more developers to create and a minimalization of oversight from any central force
Also Read: Ripple: Should You Buy Or Sell Your XRP? Finder Panel Predicts
Additionally, the ledger has introduced the Ethereum Virtual Machine (EVM) sidechain. This will only entice more developer activity on the ledger. It provides these developers with familiar programming tools and languages. Therefore, it should increase the work being done.
Those should all feed into the viability and attractiveness of XRP as an asset. The cryptocurrency will also benefit from overall Ripple developments. the company recently introduced its RLUSD stablecoin.
Things like this should be huge for the token’s growth and prospects. With the SEC lawsuit ending, the regulatory concern is now gone, freeing the company up to institute these large-scale updates to its operations and infrastructure.