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XRPL Sidechain Bridges Ethereum to XRP Ledger in Q2 Launch
- Ripple is launching an EVM-compatible sidechain on XRPL in Q2 2025, integrating Ethereum smart contracts into the XRP ecosystem.
- The move brings native Ethereum compatibility to XRPL, offering Solidity-based dApps, token swaps, liquidity pools, and yield farming with XRP's speed and low fees.
- The XRPL EVM sidechain, running alongside the main XRP Ledger, has attracted 87 new projects, indicating traction beyond the XRP community.
- A bridge facilitated by Axelar and Squid Router simplifies token transfers between XRPL mainnet and the new EVM sidechain.
- Developers can utilize familiar Ethereum tools like Remix, Truffle, and MetaMask for deployment and benefit from Proof-of-Authority security and Cosmos interoperability.
- The sidechain aims to enable core DeFi functionalities in the XRP ecosystem, potentially improving swaps' efficiency and reducing slippage.
- Ripple's strategy focuses on maintaining XRPL mainnet performance for real-time settlement and low fees by moving complex smart contract operations to sidechains.
- The imminent mainnet launch includes developer resources, testnet faucets, and bridge tools for a smooth transition to production.
- Ripple aims to expedite XRPL adoption in DeFi, tokenization, and Web3 sectors by blending Ethereum's adaptability with XRPL's speed and scalability.
- The news signals XRPL's progression toward broader utility and interoperability in the crypto space.
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