Ripple Deploys XRPL EVM Sidechain to Bridge Ethereum and XRP Ecosystems

  • XRPL EVM Sidechain supports Solidity, MetaMask, Hardhat, and Ethereum tools.
  • Axelar bridge connects XRPL to 80+ blockchains, enhancing interoperability.

Ripple has launched the XRP Ledger EVM Sidechain on the mainnet to extend the platform’s capabilities. The XRPL EVM Sidechain operates as a separate blockchain, running parallel to XRPL. It allows developers to deploy Solidity-based applications using tools such as MetaMask and Hardhat. 

Ripple CTO David Schwartz said the sidechain provides a flexible environment without disrupting XRPL’s efficiency. Ferran Prat, CEO of Peersyst, described the launch as the start of a broader move toward interoperability.

Built with support from Ripple, Peersyst, and Axelar, the sidechain leverages Evmos’ software stack. It uses a Proof-of-Authority consensus mechanism and supports up to 1,000 transactions per second. XRP, the native asset, powers gas fees within the sidechain. 

Developers also gain access to XRPL’s network of over 6 million wallets, which supports high-volume applications in lending, tokenization, and payments.

Cross-Chain Infrastructure and Developer Tools Expanding

Axelar acts as the main bridge connecting XRPL and the EVM Sidechain. It enables cross-chain transfers of wrapped XRP and links to more than 80 other blockchains. According to Georgios Vlachos, Axelar’s co-founder, the infrastructure is built to meet institutional standards.

Wormhole, another bridge protocol, is expected to be integrated next. It supports more than 200 applications across over 35 blockchain ecosystems.

In addition, tooling partners such as Blockscout and Goldsky are providing explorers and indexing services, while Squid supports transfers between XRPL and the EVM Sidechain.

DeFi protocols like Band Protocol and Grove have already joined. Applications including Strobe, Securd, and Vertex are in development. Together, these integrations allow developers to build and deploy across chains using XRP’s payment infrastructure while maintaining Ethereum compatibility.

The XRPL EVM Sidechain aims to eliminate the long-standing tradeoff between EVM access and XRPL advantages. With smart contract functionality now available, developers can target use cases at scale across both ecosystems.

At the time of writing, XRP is currently trading at $2.22, up 1.88% in the last 24 hours. 

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

XRP Buy Signal Emerges as U.S. Service Mark Reinforces Legitimacy

Analyst Martinez highlights the TD Sequential buy signal, indicating...

VeChain Eyes $0.025 Breakout as Technicals and Fundamentals Align

VeChain (VET) holds steady above key support at $0.024 as technical signals hint at a breakout.

Chainlink’s $LINK/USD: Strategizing the $26.00 Entry Point in Today’s Market

$26.00 identified as a safe entry point for $LINK/USD.Recent...

Bitcoin Holds Fragile $113K Support as Market Awaits Next Breakout or Breakdown

Bitcoin holds fragile $113K support after a sharp pullback, with $115,950 as key resistance. Short-term weakness contrasts with strong yearly gains, leaving the market at a critical turning point.

Kanye West’s $YZY Collapses 65% After $2B Market Cap Launch

Insider wallets secured huge profits before $YZY’s rapid market...

Topics

XRP Buy Signal Emerges as U.S. Service Mark Reinforces Legitimacy

Analyst Martinez highlights the TD Sequential buy signal, indicating...

VeChain Eyes $0.025 Breakout as Technicals and Fundamentals Align

VeChain (VET) holds steady above key support at $0.024 as technical signals hint at a breakout.

Bitcoin Holds Fragile $113K Support as Market Awaits Next Breakout or Breakdown

Bitcoin holds fragile $113K support after a sharp pullback, with $115,950 as key resistance. Short-term weakness contrasts with strong yearly gains, leaving the market at a critical turning point.

Kanye West’s $YZY Collapses 65% After $2B Market Cap Launch

Insider wallets secured huge profits before $YZY’s rapid market...

Ethereum Paired Against Bitcoin: Analyzing the Recent Trends

ETH/BTC is currently mid-range, with dips to 0.0323 seen...

While Ethereum Stalls, This Altcoin Is Exploding – Time to Make a Switch

Ethereum’s market performance has turned sharply lower in recent...

Coinbase Holds $300 While Key Supports at $288 and $252 Remain in Focus

Coinbase holds above $300 as key supports at $288 and $252 define its next move. Will momentum extend to $340 or slip toward $220?
spot_img

Related Articles

Popular Categories

spot_imgspot_img