EddieJayonCrypto

 11 Jun 25

tl;dr

At the Apex 2025 event, Ripple CTO David Schwartz announced that the XRP Ledger's Ethereum Virtual Machine-compatible sidechain will launch in Q2 2025. This sidechain enables developers to deploy Ethereum-based decentralized applications within the XRP ecosystem, potentially boosting DeFi adoption. ...

Ripple's XRP Ledger is set to launch an Ethereum Virtual Machine (EVM)-compatible sidechain in Q2 2025, a move that will enable Ethereum-based decentralized applications (dApps) to operate within the XRP ecosystem. This development, announced by Ripple CTO David Schwartz at the Apex 2025 event, aims to significantly enhance DeFi adoption on the XRPL by allowing seamless integration with Ethereum standards.

Currently in its testnet phase, the sidechain has attracted 87 contributors actively developing a variety of apps and tools, with devnet testing having commenced in October. It will connect to the XRPL mainnet through Axelar and utilize wrapped XRP as gas, facilitating efficient transaction processing and interoperability between networks.

Since its inception, the XRP Ledger has impressively processed over 3.3 billion transactions and supports 6 million active wallets, demonstrating its scalability and user engagement. Schwartz highlighted that the XRPL focuses on real-world financial applications rather than attempting to cater to every possible use case, reinforcing its commitment to practical and impactful blockchain solutions.

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