This year, XRP has gone from a position of regulatory uncertainty to one of institutional and technical legitimacy. This combination of factors has led the ecosystem to have one of its busiest years, hosting events worldwide.
Since Ripple settled its battle with the SEC, XRP’s non-security status has eliminated the primary legal overhang stifling US adoption. Since then, its market performance has increased, and Ripple has found a way to capitalize on the benefits.
From Legal Blockade to Global Adoption
SponsoredThis year, the XRP Ledger (XRPL) calendar has been packed. Since January, the ecosystem has hosted 19 events across the globe, ranging from meetups in Greece and summits in Seoul, to bootcamps in Paris and workshops in Germany.
The enthusiasm with which the community has been organizing these events closely matches the particular level of success the ecosystem has seen this year.
The resolution of Ripple’s 2020 legal battle with the SEC earlier this year primarily opened the door for significant institutional capital access and accelerated network development. The removal of this regulatory tension immediately paved the way for the launch of institutional products.
The filing and subsequent launch of spot XRP exchange-traded funds (ETFs) from prominent asset managers like REX-Osprey and Grayscale Investments have introduced significant institutional liquidity and mainstream acceptance.
SponsoredThis development formally classified XRP as a recognized asset class alongside other established cryptocurrencies.
Meanwhile, the blockchain itself has also made significant technological advancements.
A Technological Leap
In the first half of 2025, XRP Ledger successfully launched its Ethereum Virtual Machine (EVM) sidechain.
This technical milestone significantly enhanced the XRPL’s utility, combining the XRPL’s speed, efficiency, and low transaction costs with the versatility and network effect of the broader Ethereum DeFi and dApp community.
SponsoredThe move generated strong, immediate developer demand, with nearly 1,400 smart contracts deployed in the first week of launch. Shortly after, the ecosystem’s total value locked (TVL) reached an all-time high of $120 million.
The impact of the 2025 breakthroughs contrasts greatly with the preceding years of regulatory uncertainty.
Past Constraints and The Key to Long-Term Success
SponsoredMany of XRPL’s breakthroughs would not have been possible without the current administration’s open friendliness toward crypto and the SEC’s dropping of the lawsuit against Ripple.
During this legal gridlock, most major US crypto exchanges delisted XRP, barring nearly all regulated institutional participation for over four years. This action isolated the asset from the world’s largest and most compliant financial market.
Throughout this period, protracted litigation created a bottleneck that restrained institutional interest. This context caused XRP’s price to underperform despite the underlying network’s established use cases.
Though XRPL’s reality now paints a different picture, the market is still adapting to the ecosystem’s most recent breakthroughs. Long-term success will heavily depend on sustained utility.
Measuring this success will focus on major institutional projects fully migrating to the chain, sustained developer incentives, and developing real-world applications.
