XRP price is approaching an all-time high, and a new decentralized exchange (DEX) with an FDV of 700 million dollars has launched on XRPL
So far, DeXRP has raised over $7.2 million, with more than 10,000 global investors.
The first week of "Uptober" marks a new chapter for the Ripple blockchain, with XRPL accelerating its transformation into a rapidly expanding DeFi ecosystem. With the launch of the XRPL EVM sidechain, over 1,400 smart contracts have been deployed, and the total value locked (TVL) has reached a historic high of over $120 million.
This achievement showcases genuine institutional investor interest and a new wave of DeFi ecosystem on XRPL. The launch of DeXRP — the first native DEX on XRPL — is expected to further boost Ripple's TVL, unleash deeper trading activity, and provide reliable support for new smart contract infrastructure.
The Role of DeXRP in the Future of XRPL
For over 10,000 investors, DeXRP is not just a trading platform. It is the infrastructure for value retention within the XRPL ecosystem, supporting new projects, liquidity incentives, and staking opportunities.
As the DeXRP team prepares for the TGE and platform launch, early participants can choose to join DeXRP staking. Currently, 118,098,711 $DXP tokens have been staked, with an estimated annual percentage rate (APR) of 14.5%. As mentioned by the DeXRP team, all participants will gain priority access to liquidity pools, limited trading pairs, and DAO governance rights.
The DeXRP team is actively establishing strategic partnerships with other native XRPL DeFi protocols and top-tier platforms to strengthen its role in the ecosystem and build a solid infrastructure for XRPL's expanding user base.
DeXRP Presale Achievements
So far, DeXRP has raised over $7.2 million, with more than 10,000 global investors. DeXRP is expected to replicate the success of Uniswap or PancakeSwap after its launch, becoming the core trading venue on the XRPL blockchain. Forbes recently mentioned DeXRP and rated it as one of the most noteworthy projects in the next wave of DeFi growth.
Additionally, DeXRP has been listed on Coinbase and CoinGecko, giving the project significant exposure on the largest crypto trading and analysis platforms. Bitget Academy also published an in-depth article analyzing the role of DeXRP in the future of XRPL DeFi.
Investors can participate in the presale through various networks, including Ethereum, BNB Chain, Solana, XRP Ledger, Bitcoin, and USDT on supported networks.
XRP Price Predictions and XRPL DeFi Potential
With the release of the XRPL EVM sidechain, analysts have highlighted strong consolidation signals and a bullish narrative surrounding XRP. Technical experts believe that the asset is currently in one of the tightest trading compression ranges of this cycle, setting the stage for a potential breakout.
Regarding XRP price predictions, market consensus is quite optimistic. Finder and Forbes expect the year-end price to be in the range of $3.00 to $3.20, while if institutional adoption continues to advance, it could reach $5.50 in the long term. Some analysts predict a more optimistic scenario where XRP could break above $12 by 2028, driven by ETF inflows and DeFi expansion.
The historic launch week of the EVM sidechain has proven that XRPL is ready for large-scale DeFi. The next key leap will be the launch of DeXRP, which will enhance liquidity and increase TVL, unlocking the full economic potential for all XRP holders.
About DeXRP
Based on the XRP Ledger, DeXRP is a forward-looking decentralized exchange. It offers a fast and low-cost trading experience through a dual AMM + order book technology, suitable for both novice and professional traders. With ample liquidity, flexible incentive mechanisms, and fair access to advanced trading tools, DeXRP is committed to fully unleashing the DeFi potential of XRPL.
For the latest updates and investment opportunities, users can follow DeXRP's official channels:
Official website: https://dexrp.org/8yA5yGowGbu
Twitter: https://x.com/dexrp_io
Risk warning
Risk warning
