XRP Ledger Connects Wall Street and Decentralized Finance through ETFs and EVM Integration

XRP Ledger Achieves Major Breakthroughs in 2025 with ETF Launches and EVM Support

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Ledger (XRPL) has become a central hub for both institutional and technological advancements in 2025, fueled by clearer regulations, the introduction of Virtual Machine (EVM) support, and a wave of exchange-traded fund (ETF) filings. These factors have elevated XRP’s status in the crypto sector, as the U.S. Securities and Exchange Commission (SEC) is set to make final decisions on several XRP ETF applications by October 2025.

The SEC’s approach changed dramatically after an August 2025 court decision that dismissed its case against Ripple, confirming XRP’s non-security status in secondary markets What XRPL EVM Means for XRP’s Growth and the … [ 5 ]. This verdict cleared a major hurdle for institutional involvement, allowing asset managers to submit both spot and futures XRP ETF proposals. By late 2025, 11 significant applications are under consideration, including those from Grayscale, 21Shares, Bitwise, and WisdomTree, with final verdicts anticipated between October 18 and October 25, 2025 Full List of XRP ETFs Awaiting SEC Approval: Dates, … [ 1 ]. The ProShares Ultra XRP ETF, a leveraged 2x futures product, was the first to be approved in July 2025, reflecting increasing institutional trust Full List of XRP ETFs Awaiting SEC Approval: Dates, … [ 1 ]. Experts estimate that these approvals could attract over $5 billion in new investments, potentially outpacing

and Ethereum ETFs in terms of liquidity Final List of XRP ETF Awaiting SEC Approval: Dates, Filings [ 2 ].

Alongside regulatory advancements, the XRP Ledger introduced an EVM-compatible sidechain in early 2025, broadening its capabilities beyond payments. This sidechain brings Ethereum-style smart contracts to XRPL, drawing in developers and expanding XRP’s footprint in decentralized finance (DeFi). Within the first week, nearly 1,400 smart contracts went live, and the total value locked (TVL) in the XRPL ecosystem soared to $120 million XRP EVM Ledger Launch: Price Outlook – blockbeat.net [ 6 ]. Thanks to fast settlements and minimal fees, this technical leap has led some analysts to compare XRPL favorably to Ethereum’s DeFi network, with suggestions that XRP could surpass Ethereum in institutional usage due to its established payments infrastructure and lower costs XRP Ledger’s Q2 2025 Performance: A Deep Dive into Price … [ 7 ].

Institutional engagement has grown further with collaborations such as Uphold’s adoption of XRP Ledger version 2.5.0, which enables a regulated decentralized exchange for compliant entities XRP Ledger Skyrockets in 2025 Fueled by ETF Approvals, EVM [ 8 ]. Ondo Finance’s launch of tokenized U.S. Treasuries (OUSG) on XRPL also highlights the increasing demand for institutional-grade assets XRP Ledger Skyrockets in 2025 Fueled by ETF Approvals, EVM [ 8 ]. The EVM sidechain’s ability to connect with Ethereum and over 35 other blockchains has boosted cross-chain activity, establishing XRP as a central player in multi-chain DeFi XRP ETFs 2025: Why Wall Street’s Dark Horse Could Surprise … [ 10 ].

These developments are mirrored in the market, with XRP’s value climbing to a multi-year peak of $3.66 in July 2025 XRP ETFs 2025: Why Wall Street’s Dark Horse Could Surprise … [ 9 ]. Analysts link this surge to the combination of regulatory progress and technological upgrades. Forecasts indicate that XRP could reach between $50 and $100 by 2035 if ETF-driven institutional demand continues. Nevertheless, there are still risks, such as possible SEC postponements or denials, which could hinder short-term growth.

Looking forward, the SEC’s ETF decisions and Ripple’s pending national bank charter application in October 2025 will be pivotal. If both are approved, XRP could become both a mainstream investment and a utility token, solidifying its role in the financial sector. On the other hand, rejections could extend regulatory ambiguity and slow adoption. For now, the XRP Ledger’s mix of regulatory wins, technical progress, and institutional backing highlights its potential to transform the crypto industry in 2025 and beyond.