Despite XRPL-Ethereum Dev, XRP remains inert: Dull week ahead?
Just a day back, it was announced that Ripple has started testing Ethereum smart contract compatibility with its XRP Ledger [XRPL] sidechain. Notably, the Ethereum Virtual Machine sidechain is now live on the devnet. Notably, this is just the first step of a three-step process. The next phase will go live at the beginning of next year when the EVM sidechain becomes permissionless. The final phase is scheduled for Q2 2023 when Ripple will fully deploy the software. JUST IN: Ripple begins testing #Ethereum smart contract compatibility with its $XRP Ledger sidechain. — Watcher.Guru (@WatcherGuru) October 17, 2022 Has the community been reacting? The social metrics associated with XRP have not been portraying rising numbers. As depicted below, the number of social mentions and engagements has dropped of late. In fact, on the weekly, they were down by 29% and 8% respectively. Source: LunarCrush Over the past day, large participants have been, both, buying and sel...