- XRP gains $5B as developer activity surges after hackathon.
- Investors shift focus from hype coins to utility-driven assets.
- EasyA and Ripple’s partnership fuels the XRPL ecosystem expansion rapidly.
XRP and XLM have posted substantial weekly gains, signaling a broader shift in market sentiment toward projects with real-world use cases. XRP climbed 24.17 percent to $2.86, while XLM surged 73.09 percent to $0.4440, outperforming many speculative tokens that have seen declining interest.
According to Dom Kwok, co-founder of blockchain education platform EasyA, some investors were distracted by hype-driven coins while XRP and XLM recorded substantial growth.
Kwok expressed a similar opinion in a recent message on X, citing an increasing trend in the crypto community where focus is put more on long-term usability rather than short-term speculation.
Also Read: Ripple CTO Celebrates Ethereum’s $3,000 Comeback, Stays Silent on XRP Pullback
Significantly, XRP’s recent momentum followed a $5 billion increase in market value, which was closely tied to a spike in developer activity on the XRP Ledger. Kwok stated that EasyA was one of the movers of this trend as it recruited new developers to join the ecosystem.
The EasyA x Ripple Singapore Hackathon brought the development; the event has received extensive developer involvement and increased XRPL interest.
Developer Activity Boosts Confidence in XRP’s Long-Term Value
EasyA’s initiatives have added visible momentum to XRP’s development landscape. According to Kwok, the rising share of new projects being built on XRPL is beginning to influence public perception and investor evaluation of XRP.
In a post by EasyA on X, it was mentioned that there are some early indicators of such transformation, and developers’ interest is already showing signs through real-world applications.
In parallel, XLM has followed a similar path, going along with the surge of XRP, since both have a similar mission in the field of cross-border financial services.
The two assets are gaining momentum in the market as investors shift back to projects that are supported by a mature network and utility.
Community responses to the rising prices have further emphasized the value of patience and research. Some long-term investors expressed their experience regarding new profits emanating from a belief in the executive technology of XRP and XLM.
Confidence is creeping in and, as it does so, more investors are gravitating towards the tokens with applicability rather than virality.
Conclusion
The recent gains in XRP and XLM point to a possible pivot in market behavior, with developers and investors aligning around utility-based assets.
As projects like EasyA help expand the XRP Ledger’s ecosystem, market dynamics may continue to favor tokens with real-world applications and institutional backing.
Also Read: Expert Warns XRP Investors About Major Mistake to Avoid This Bull Cycle
