Ripple Introduces Ethereum-Compatible Smart Contracts on XRP Ledger

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Smart Contract Integration
  2. Functionality and Applicability
  3. Ripple's Statement


    4. Ripple has drawn attention with its innovative steps and announced the introduction of Ethereum (ETH) compatible smart contracts on the XRP Ledger platform.

    Smart Contract Integration

    According to CoinDesk, Ripple has improved its XRP Ledger by integrating Ethereum-compatible smart contracts via a new sidechain, enabling complex applications such as decentralized exchanges and token issuance.

    Functionality and Applicability

    The new XRPL EVM sidechain will use Axelar's crypto bridge service to allow tokens to be transferred between it and 55 other blockchains. Wrapped XRP (eXRP) will be used as the native token.

    Ripple's Statement

    Ripple stated:

    "Progress towards smart contract functionality in the XRP Ledger ecosystem is already underway with the XRPL EVM sidechain.

    This sidechain will bring Ethereum Virtual Machine (EVM) compatibility to the XRP community, allowing developers to use familiar tools and programming languages, thereby expanding the appeal of XRP Ledger to a global developer community."

    XRP Ledger is an open-source blockchain network that uses XRP tokens to process and record financial transactions. This innovation enhances the platform's functionality and applicability.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Aave V4 Now Live on Circle's Arc Blockchain

Aave V4 has officially launched on Circle's newly established Arc blockchain, featuring key assets such as USDC, EURC, cirBTC, and WETH.

user avatarTando Nkube

Lido DAO Considers Liquidity Backstop for LDO Trading

Lido DAO is considering a proposal to establish a liquidity backstop for LDO trading on centralized exchanges, allowing for a contingent market-making mandate.

user avatarKofi Adjeman

Aave Labs Proposes New Lending Structure for Institutional Investors

Aave Labs is exploring a new lending structure that allows institutions to borrow onchain without moving their Bitcoin out of regulated custody.

user avatarNguyen Van Long

XRP Ledger Version 340 Released with New Lending Features

The XRP Ledger has released Version 340 of xrpld, featuring new lending capabilities and amendments.

user avatarSatoshi Nakamura

New Report Released Using SEC Data.

A report has been generated based on the information released by Sec. This release aims to inform the public and increase awareness of the information provided.

user avatarJesper Sørensen

Memory Stocks Rally Amid Global Shortage

Memory stocks, including Micron and SanDisk, surged nearly 11% on September 18, 2026, due to a global memory shortage, attracting investor interest and bullish analyst forecasts.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.