Anticipated Debut of Ripple's EVM-Compatible Sidechain on the XRPL Network
Ready to dive into some thrilling blockchain action? Ripple Labs, the powerhouse behind the XRP Ledger (XRPL), is all set to unleash an Ethereum Virtual Machine (EVM)-compatible sidechain before the Q2 curtain falls.
The bombshell was dropped at the ongoing XRPL Apex event in Singapore. Ripple's Apex 2025, athree-day summit (June 10-12), gathers developers, researchers, innovators, businesses, and the crypto community to celebrate blockchain tech and the XRPL ecosystem.
Bracing for an Exciting XRP-EVM Sidechain Launch
Jaazi Cooper, Ripple's Director of Product Management, and Chief Technology Officer, David Schwartz, announced the EVM-compatible sidechain's impending launch on the event's first day.
According to Peersyst Technology, an XRPL contributor and validator, the sidechain boasts 87 entities, which include decentralized finance (DeFi) applications, oracles, and indexers. The chain has seen contributions from decentralized applications (dApps), auditors, bridges, wallets, and explorers, as seen on the ecosystem map. Many of these entities have no prior ties to XRPL or XRP, XRPL's native digital currency.
The sidechain has been growing at a whopping pace, having been operational for only two months on the testnet. The XRPL EVM sidechain testnet went live on March 31, calling on developers to transition their projects from the devnet.
Expanding the XRPL Ecosystem Horizon
Once the chain goes live within weeks, all new entities, applications, and partners will become part of the XRP ecosystem. Peersyst stated that the XRPL EVM will be a powerful tool for onboarding the most significant number of users and projects within the XRP ecosystem.
The chain's launch will allow developers and network participants to run Ethereum-based decentralized applications and smart contracts on XRPL, sparking more demand for the network and its assets.
"Exciting times ahead for XRPL EVM – and this is just the beginning," says Unity Nodes, an EVM sidechain contributor.
The recent developments come as the critical date in the legal spat between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) inches closer. The SEC must report the $50 million settlement agreement with Ripple to the Appeal Court by June 16; otherwise, the case could be delayed by two more months.
In the meantime, XRP has bounced back mightily from the toll the lawsuit took on its price performance. The asset is up an astounding 370% over the past year, according to data from CoinMarketCap.
Join the XRPL EVM Revolution Today!With the XRPL EVM sidechain launch approaching, get ready to be a part of the decentralized future. Keep an eye on updates and start preparing your desired decentralized applications and smart contracts for integration on XRPL. The blockchain revolution awaits!
- The pending launch of Ripple's Ethereum Virtual Machine (EVM)-compatible sidechain on the XRP Ledger (XRPL) is expected to expand the ecosystem by onboarding a significant number of users and projects, as announced by Jaazi Cooper and David Schwartz at the ongoing Apex 2025 event in Singapore.
- The XRPL EVM sidechain is already seeing contributions from various entities such as decentralized applications (dApps), auditors, bridges, wallets, and explorers, many of which have no prior ties to XRPL or XRP.
- With the anticipated launch of the XRPL EVM sidechain, developers will have the opportunity to run Ethereum-based decentralized applications and smart contracts on XRPL, potentially driving more demand for the network and its assets.
