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XRP Ledger and Ethereum-Compatible Sidechain to Launch in Q2

XRP Ledger and Ethereum-Compatible Sidechain to Launch in Q2

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ChaincatcherChaincatcher2025/06/11 03:22

According to ChainCatcher, as reported by CoinDesk, Ripple announced at the APEX 2025 conference in Singapore that the EVM-compatible sidechain of the XRP Ledger (XRPL) will officially launch in the second quarter. Since the testnet began operating at the beginning of the year, it has grown rapidly. Data from the development company Peersyst shows that 87 new entities have participated in the ecosystem's development, covering areas such as infrastructure, application development, and user growth.

EVM compatibility will enable the sidechain to seamlessly run Ethereum-based decentralized applications and smart contracts. After the mainnet launch, users can achieve returns through DeFi applications such as liquidity pools. Ripple's Product Director Jaazi Cooper stated that this could be the largest user onboarding in the history of the XRP ecosystem.

 
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