XRPL EVM Sidechain Launches, Enabling Ethereum Dapps on XRP Network

1 min

Ripple launched the Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger (XRPL) on the mainnet. This development enhances interoperability, enabling developers to deploy Ethereum-based decentralized applications (dapps) on XRPL.

  • The EVM sidechain introduces smart contracts compatible with EVM while maintaining ties to XRPL.
  • It aims to provide low-cost access to developers and remove conflicts between EVM compatibility and XRPL advantages.
  • The sidechain functions as a separate blockchain linked to XRPL via the Axelar bridge, utilizing XRP as the native gas token.
  • Developers can build EVM-based applications while tapping into XRPL's network of over 6 million wallet holders.
  • Future plans include integrating with Wormhole, expanding developer access to the XRPL ecosystem.