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XRP Ledger Launches Much-Anticipated EVM Sidechain On Mainnet, Unlocking Ethereum Dapps in XRP Ecosystem

  • Ripple's XRP Ledger has launched its EVM-compatible sidechain on mainnet, enabling Ether-based smart contracts and DApps within the XRPL ecosystem.
  • The XRPL EVM Sidechain integrates XRP Ledger's low-cost transactions with Ethereum's smart contract capability, allowing for new classes of decentralized apps like lending and tokenization.
  • XRP serves as the native gas token for the sidechain, offering features like faster block times, low transaction costs, and access to over 6 million XRPL wallet holders.
  • The launch of XRPL EVM marks a new era for XRP in the multichain world and has already attracted partners like Band Protocol and Grove for oracle services and public RPC endpoints.

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