The post XRPL EVM Sidechain Launches on Mainnet, Bringing Ethereum Compatibility to XRP Ledger appeared on BitcoinEthereumNews.com.

Highlights: XRPL EVM Sidechain now live with Ethereum smart contract support Developers can build EVM apps using XRP as native gas token Axelar enables bridging to 80+ blockchains on Day 1 The XRP Ledger ecosystem has unlocked a new level of utility with the mainnet launch of its EVM-compatible sidechain. Built in collaboration with Ripple, Peersyst, Axelar, and other key partners, the XRPL EVM Sidechain allows developers to deploy Ethereum smart contracts while leveraging XRPL’s speed, scalability, and compliance features.  This development positions the XRP Ledger as a strong multichain platform with real-world use case potential. Smart Contracts and Ethereum Tools Arrive on XRP With the EVM sidechain live, developers can now build decentralized applications using familiar Ethereum tools such as Solidity, MetaMask, and Hardhat. The sidechain supports XRP as its native gas token, keeping the experience seamless for XRP Ledger users and developers. Transactions are finalized using a Proof of Authority consensus, enabling lower latency and reduced fees. Block times on the sidechain are significantly faster than Ethereum’s average of 14 seconds. The network supports up to 1,000 transactions per second, making it suitable for high-volume applications like DeFi, lending, tokenization, and payments. Developers also gain access to over 6 million XRPL wallet holders, giving projects an immediate user base. Axelar connects the XRPL EVM Sidechain to over 80 blockchains, making XRP interoperable with leading ecosystems from launch. Squid, the designated cross-chain transfer app, offers a user interface for seamless movement between XRPL and EVM chains. Wormhole, a major interoperability protocol, is also expected to integrate soon to expand compatibility even further. Ecosystem Ready for Cross-Chain Growth The XRPL EVM Sidechain has already attracted a growing number of DeFi projects. Strobe and Securd enable lending and borrowing using overcollateralized assets, while Vertex provides capital-efficient trading options. Developers can use…

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Filed under: News - @ June 30, 2025 5:23 pm