XRP’s price hovers around $2.20 after the significant launch of Ripple’s Ethereum-compatible sidechain on the mainnet. This development marks a crucial turning point for XRP, as it now gains full smart contract capabilities. The trading volume surged to an impressive $2.4 billion, highlighting the growing interest in XRP amidst this innovative upgrade. As traders analyze the implications of the new sidechain, many foresee XRP aiming for a price target of $2.70. Investors should stay alert as the market adjusts to this exciting new feature and its potential impact on XRP’s value.