{"id":161409,"date":"2025-06-30T21:00:47","date_gmt":"2025-06-30T18:00:47","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161409"},"modified":"2025-06-30T16:24:35","modified_gmt":"2025-06-30T13:24:35","slug":"xrp-ledger-deploys-evm-compatible-sidechain-to-expand-multichain-utility","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-ledger-deploys-evm-compatible-sidechain-to-expand-multichain-utility\/","title":{"rendered":"XRP Ledger Deploys EVM-Compatible Sidechain to Expand Multichain Utility"},"content":{"rendered":"<p>The new XRPL EVM Sidechain allows developers to build and deploy Ethereum-compatible decentralized applications (dApps) directly within the XRP ecosystem, offering full support for tools like Solidity and the Ethereum toolchain. This development creates opportunities for a broader range of use cases including tokenization, decentralized finance (DeFi), and cross-chain payments \u2014 all while benefiting from XRPL\u2019s fast and cost-effective infrastructure.<\/p>\n<h2>A Technical Collaboration to Enhance Interoperability<\/h2>\n<p>The sidechain was built through a joint effort by Ripple, blockchain infrastructure firm Peersyst, and cross-chain protocol Axelar. Based on Evmos\u2019 software framework, the XRPL EVM operates as a parallel blockchain \u2014 connected to the XRP Ledger mainnet through Axelar\u2019s bridging system. Wrapped XRP serves as the gas token for the network, enabling seamless transfers between the XRPL and EVM environments.<\/p>\n<p>Ripple CTO and XRPL co-creator David Schwartz highlighted the strategic advantage of this architecture, saying the integration allows developers to explore programmable smart contracts while preserving the speed and reliability of the core XRP Ledger.<\/p>\n<h2>Peersyst: \u201cDay 1 of a Bigger Journey\u201d<\/h2>\n<p>Peersyst founder and CEO Ferran Prat described the launch as a transformative step for XRP. \u201cThis is the beginning of a larger path toward multichain interoperability and scalable utility,\u201d he said. Prat emphasized that the new sidechain positions XRP to operate more freely across the broader Web3 ecosystem.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-averages-37-rebound-after-crises-binance-research-finds\/\" title=\"Bitcoin Averages 37% Rebound After Crises, Binance Research Finds\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/binance-research-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Averages 37% Rebound After Crises, Binance Research Finds<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Axelar\u2019s co-founder Georgios Vlachos also weighed in, stating that institutional and enterprise interest in blockchain is accelerating. He noted that the XRPL EVM Sidechain, supported by Axelar\u2019s secure infrastructure, is well-placed to capture this momentum.<\/p>\n<h2>Early Adoption and Ecosystem Support<\/h2>\n<p>According to <strong><a href=\"https:\/\/www.theblock.co\/post\/360293\/xrp-ledger-ethereum-compatible-sidechain-xrpl-evm-live-on-mainnet?utm_source=telegram1&amp;utm_medium=social\" target=\"_blank\" rel=\"nofollow\">details<\/a><\/strong> shared with The Block, several projects have already committed to building on the new sidechain, including DeFi protocols like Band Protocol, Grove, and Squid. Additional integrations from platforms like Strobe, Securd, and Vertex are expected soon. Tooling support is being provided by Blockscout and Goldsky, and the ecosystem is preparing to integrate Wormhole \u2014 a cross-chain protocol that links over 200 applications across 35+ blockchains.<\/p>\n<p>With the mainnet launch now complete, the XRPL EVM Sidechain signals a new chapter for XRP \u2014 one focused on interoperability, programmability, and multi-chain scalability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The XRP Ledger (XRPL) has officially launched its Ethereum Virtual Machine (EVM) sidechain on mainnet \u2014 marking a major milestone in its effort to bridge XRP\u2019s payment efficiency with Ethereum\u2019s smart contract capabilities.<\/p>\n","protected":false},"author":7,"featured_media":107702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-161409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Ledger Deploys EVM-Compatible Sidechain to Expand Multichain Utility<\/title>\n<meta name=\"description\" content=\"The XRP Ledger (XRPL) has officially launched its Ethereum Virtual Machine (EVM) sidechain on mainnet \u2014 marking a major...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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