June 30, 2025 – Binance Editorial Team
Today marks a major milestone for Ripple and the XRP ecosystem: the XRPL Ethereum Virtual Machine (EVM) Sidechain has officially launched on mainnet. This update makes XRP fully compatible with Ethereum-based decentralized applications (dApps), combining Ethereum’s programmability with XRPL’s speed and efficiency.
Key Highlights
Launch date: June 30, 2025 – the XRPL EVM Sidechain is now fully live and ready for developers .
EVM compatibility: Allows developers to deploy Solidity-based smart contracts and Ethereum tooling—such as Hardhat, MetaMask, or OpenZeppelin—on XRPL’s infrastructure .
XRP as gas token: Transactions on the sidechain use XRP natively, blending Ethereum-style utility with XRP’s low fees and quick settlements .
Cross-chain connection: The sidechain is connected to the XRPL mainnet via the Axelar bridge, enabling seamless asset transfers; Wormhole integration is expected soon .
What This Means for Developers & dApps
Low-cost, high-speed platform: With fast block times and cheap transactions (benefits inherited from XRPL), deploying dApps becomes more efficient and cost-effective .
Broad user base access: Developers now tap into a community of over 6 million active XRPL wallets while still using familiar Ethereum tools .
Cross-chain liquidity: Through Axelar and soon Wormhole, dApps can leverage liquidity and assets across more than 80 chains, boosting interoperability and capital flow .
Voices from the Community
> “The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM‑based applications, while maintaining a connection to the XRPL’s efficiency,”
said David Schwartz, CTO of Ripple and co‑creator of XRPL .
“With the launch of XRPL EVM, we’re unlocking a new era for XRP — one where it can flow seamlessly across the multichain world… Day 1 of a much bigger journey toward interoperability, programmability, and utility at scale,”
added Ferran Prat, CEO of Peersyst .
Axelar’s Georgios Vlachos also highlighted this move’s importance, noting that it equips XRPL EVM with “institutional-grade connectivity” and positions it to support emerging dollar-backed stablecoins and tokenized real-world assets
Ecosystem & Infrastructure Support
Built with Cosmos SDK and PoA consensus, ensuring performance, security, and ease for developers .
Robust infrastructure partners like Band Protocol (oracles), Grove (RPC nodes), Squid (UI bridge), Blockscout (explorer), and Goldsky (subgraphs) are already active .
DeFi apps in pipeline: Projects like Strobe, Securd, and Vertex are building on XRPL EVM as soon as day one .
📊 Market Reaction & Outlook
Since the announcement, XRP trading activity has spiked. Funding rates for XRP have turned positive for the first time in weeks, reflecting renewed market interest . Analysts project a potential price surge, with some targeting $3.50 in the near term should adoption and DeFi activity gain momentum .
🎯 What Comes Next?
1. Developer adoption – Watch for new dApps launching on XRPL EVM in the coming weeks.
2. Bridge integrations – Wormhole support will further boost liquidity and cross-chain compatibility.
3. Institutional onramps – Enhanced compliance and real-world asset integration aim to attract enterprise use cases.
4. Ecosystem growth – Track metrics like dApp deployments, total value locked (TVL), and wallet activity.
Bottom Line
The XRPL EVM Sidechain launch signals a major leap in interoperability and usability for XRP. By merging Ethereum’s smart contract flexibility with XRPL’s cost-efficiency and robust infrastructure, it opens up new horizons for DeFi, NFTs, stablecoins, and beyond. Keep an eye on this as XRPL positions itself at the heart of a more connected, programmable, and scalable blockchain future.
