🔥🔥🔥🔥 Ripple: XRP Ledger Announces Its Sidechain Compatible with Ethereum (EVM)

The XRP Ledger network is the blockchain that hosts Ripple's XRP token. This structure was initially developed to manage cross-border transactions using its native cryptocurrency. But, as in many other cases within the crypto sector, things have evolved significantly since then (RLUSD stablecoin and the prospect of an XRP ETF, among others). The latest development concerns the announced launch of a sidechain intended to integrate EVM (Ethereum Virtual Machine) compatibility into its ecosystem. This will allow it to take advantage of smart contracts developed for Ethereum (ETH).

Key points of this article:

Ripple has announced the launch of a sidechain intended to integrate EVM compatibility into its ecosystem, thus enabling a rapprochement between the XRP Ledger and Ethereum.

This new functionality, connected to the XRP Ledger main network via a bridge, is expected to be operational before the end of the second quarter of 2025.

An EVM-compatible sidechain for the second quarter of 2025

The information was revealed on X by Peersyst, which is participating in the development of this project. The announcement was made following a speech by Ripple's Chief Technology Officer (CTO), David Schwartz, at the Apex 2025 event currently underway in Singapore.

This "XRPL EVM" will therefore be a sidechain that will ensure compatibility between the Ethereum Virtual Machine and the XRP Ledger main network.

This new feature will be connected to the XRP Ledger main network using a bridge. Axelar will be responsible for asset transfers between the two blockchains.

$XRP $PEPE $ADA

#CryptoRoundTableRemarks #BinanceHODLerRESOLV #Tradersleague #MarketRebound #BTC110KSoon?