Researcher All Things XRP highlights the growing adoption of XRPL sidechains, emphasizing their impact on XRP transformation. These sidechains introduce a new way for XRP to function across various blockchain networks, decentralized applications, and financial ecosystems.
XRPL EVM Sidechain: Enabling Ethereum Compatibility
The XRPL EVM Sidechain, developed by Peersyst with support from Ripple, introduces Ethereum compatibility to the XRPL ecosystem, allowing developers to deploy Ethereum-based applications using familiar tools like Solidity and MetaMask, while maintaining XRPL’s efficiency.
Xahau: A Smart Contract-Focused Sidechain
Xahau is an XRPL sidechain designed for smart contract functionality, introducing a new native token, XAH, to support lightweight smart contracts called ‘Hooks’. This enhances experimentation with new features without affecting XRPL mainnet stability.
Bridging and Interoperability
A key component of XRPL sidechains is bridge technology, ensuring secure asset transfers between networks. This approach allows XRP to be utilized across different blockchain ecosystems, from Ethereum to Cosmos.
XRPL sidechains are already active, providing developers with the necessary tools in this new ecosystem. This positions XRP as a critical asset in the multichain landscape.
