XRPL EVM Sidechain is live on mainnet!

● Ripple launched the XRPL’s EVM sidechain on mainnet

-It adds EVM compatible smart contracts to the XRPL

-this allows Ethereum-based dapps to deploy on XRPL at low cost

-The sidechain operates as a separate blockchain connected to XRPL using the Axelar bridge

-XRP is the gas token for transactions

Devs can build EVM-based apps while accessing XRPL’s payments infrastructure and its 6M+ wallet holders

-Ripple plans to integrate Wormhole for additional cross-chain access in the future

SOURCE Sources: RippleXDev