The launch of the XRPL EVM Sidechain marks a significant step forward in the functionality and interoperability of the XRP Ledger, opening new horizons for developers and users.
A New Bridge Between XRP and Ethereum
The XRPL EVM Sidechain offers full support for Ethereum-based smart contracts, allowing developers to build and deploy decentralized applications (dApps) using familiar tools like MetaMask and Truffle.
Unlike Ethereum's often congested and expensive environment, the new sidechain offers faster finality (under four seconds) and low transaction fees, making it an efficient alternative for developers.
Interoperability Achieved: Axelar Bridge Goes Live
Alongside the launch of the sidechain, the Axelar bridge has been activated, enabling one-to-one asset transfers across more than 55 supported blockchains. Axelar’s decentralized infrastructure, powered by a network of 75 validators, ensures high security and reliability.
The decision to use a unified bridge infrastructure simplifies the development process while enhancing user experience.
A Thriving Developer Ecosystem
Developer interest is already strong: during the testnet phase, the XRPL EVM Sidechain handled over 280,000 transactions per day, with participation from 87 different teams.
Now live, the sidechain invites developers to deploy their protocols and expand XRP Ledger's presence across DeFi, NFTs, and real-world asset sectors.
The launch of the XRPL EVM Sidechain opens up new opportunities for XRP's interaction in the Web3 ecosystem. This event marks the beginning of various new integrations and improvements for the future.
