XRP has now connected to Axelar’s network, enabling cross-chain transfers of XRP and other assets across over 80 blockchains. This integration, announced by Ripple and the Axelar Foundation, extends the XRP Ledger’s multichain capabilities without requiring conversion to an Ethereum Virtual Machine chain. Market participants view this interoperability as potentially supportive of XRP’s utility and demand. The prediction market for XRP reaching $3.00 in August shows a modest increase in probabilities, though these remain low.
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