Key Takeaways

XRPL EVM Sidechain is now live on the mainnet, enabling EVM-based dApps using XRP as gas.

Developers gain access to Ethereum tools with faster block times and XRP’s liquidity.

Key partners like Peersyst, Axelar, and Squid are building a multichain future for XRPL.

The XRP Ledger made significant progress through the launch of its EVM Sidechain to the mainnet, achieving seamless Ethereum compatibility while keeping the speed and reliability of the XRPL.

Developed in collaboration between Peersyst and Ripple, the XRPL EVM Sidechain brings Ethereum Virtual Machine functionality to the XRP ecosystem so developers can build, import, and execute decentralized applications in native Ethereum tools like Solidity and MetaMask, but powered by the native gas token of the XRP.

This is valuable for projects looking to escape the limits of Ethereum. The EVM Sidechain of the XRP Ledger combines fast block times, low fees, and cross-chain interoperability through a bridge built using Axelar, which connects over 80 chains.

Devs gain access to a fresh playground connecting Ethereum functionality to XRP Ledger’s established base of 6 million+ wallets and 12+ years of operational reliability. It’s bigger than a technical upgrade, however, the gateway to mass-scale decentralized innovation on the stack of XRP.

Also Read: Massive Leap For XRPL: Apex 2025 Launches Institutional Finance On Chain

XRP Ledger EVM Targets DeFi With 1,000 TPS

Apart from the intrinsic characteristics, the largest strength of the XRP Ledger EVM Sidechain lies in its infra stack and strong multichain protocol integration. Axelar plays the role of connecting the XRP to the sidechain, which is the native gas token.

Georgios Vlachos of Axelar Foundation views the step as timely toward institutional-grade multichain finance, supported by strong compliance layers alongside validator diversity.

Going further in expanding cross-chain usage is the inclusion of Squid, the cross-chain transfer UI allowing users to move assets between the EVM Sidechain and XRP Ledger in the simplest way. 

Next is Wormhole, already in use across 35+ chains, which will also be integrated into the XRPL EVM, introducing the potential for dApps to have access to one of crypto’s broadest interoperability networks.

The sidechain architecture of Power Ledger runs on a Proof of Authority consensus algorithm, supporting 1,000 transactions per second in throughput, well ahead of the ~14-second block times of Ethereum.

With its regulatory-friendly model and fast, scalable architecture, it’s an appealing solution for developers in areas of emphasis for DeFi, payments, tokenization, and business apps.

Ecosystem Partners Drive Real-World Adoption

Momentum is already gathering strength, with peers across DeFi, infrastructure, and analytics joining. Protocols like Band and Grove are enabling on-chain information and RPC access, while Axelar is delivering cross-chain asset movement.

Strobe and Securd, two of the DeFi projects, will be introducing lending and borrowing apps, which will offer passive income and leveraged collateral models in the XRPL EVM Sidechain directly.

In addition, Vertex, which is a derivatives platform, will also bring capital-efficient trading tools to the network. Developer assistance in the form of tools such as Blockscout and Goldsky, which will provide important tooling such as block explorers and subgraphs, will also be there.

Also Read: Ripple & Wormhole Partner To Unlock Multichain Access For 6M+ XRPL Users

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Filed under: Bitcoin - @ June 30, 2025 3:26 pm