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XRP Ledger Just Got an EVM Sidechain: Faster, Cheaper, Ethereum-Compatible

  • The XRP Ledger launched its EVM Sidechain on the mainnet, offering Ethereum compatibility with the speed and reliability of XRPL.
  • Developers now have access to Ethereum tools for building dApps using XRP as gas, provided by partners like Peersyst, Axelar, and Squid.
  • The XRP Ledger EVM Sidechain aims to target DeFi with 1,000 TPS and strong multichain integration through partners like Axelar and Squid.
  • Ecosystem partners are driving real-world adoption of the XRP Ledger EVM Sidechain by introducing lending, borrowing apps, derivatives platforms, and developer tools.

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