XRP Ledger, the blockchain linked to Ripple, is preparing to deploy an Ethereum Virtual Machine (EVM) compatible sidechain in Q2 2025, as confirmed by Ripple's CTO David Schwartz at the Apex 2025 conference in Singapore. This move aims to attract developers from the Ethereum ecosystem and expand the application of $XRP . This article analyzes in detail the deployment plan of the sidechain, market context, and its impact on the cryptocurrency industry.
Plan for deploying the EVM-compatible sidechain
The sidechain of #XRPledger developed with Peersyst on the Cosmos SDK will integrate the smart contract execution capabilities of Ethereum with the fast transaction speeds and low costs of the XRP Ledger. The Axelar bridge will serve as a cross-chain link between the XRP Ledger and the sidechain, facilitating the smooth operation of decentralized applications (dApps).
Currently, the sidechain is in the testing phase on the testnet, with plans for an official launch in Q2 2025 after completing technical validation and attracting initial partners. David Schwartz emphasized that this sidechain will provide the 'best of both worlds' between the two ecosystems, expanding opportunities for developers and investors.
Market context and Ripple's strategy
Ripple has continuously expanded its ecosystem after resolving its lawsuit with the U.S. Securities and Exchange Commission (SEC) in 2024, with a fine of $50 million. Since then, Ripple has launched RLUSD, a stablecoin on Ethereum, reaching a market cap of nearly $400 million and being listed on many major exchanges in the West.
The deployment of the EVM-compatible sidechain is part of Ripple's strategy to closely connect with Ethereum, the leading blockchain for #defi and dApps. With the growth of XRP (up 360% since November 2024), Ripple is leveraging the recovery momentum #anhbacong .