XRP is showing signs of bullish momentum as it forms a W pattern on its charts, with analysts eyeing $3.25 as a key resistance level. This pattern indicates a potential reversal following a period of decline, supported by strong technical foundations.
In parallel, the XRP Ledger (XRPL) has introduced native Layer-1 smart contracts on AlphaNet, a significant advancement for the blockchain. This upgrade allows developers to create decentralized applications with Ethereum Virtual Machine (EVM)-style functionality, offering low fees and high speed. AlphaNet serves as a secure testing ground for these smart contracts, paving the way for innovations in DeFi, NFTs, and more, without impacting the mainnet.
XRP Targets $3.25 Amid Bullish Chart Pattern and XRPL Upgrade
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