<p>Developed by Ripple in <strong><a href="https://www.businesswire.com/news/home/20250630034544/en/Axelar-Delivers-First-Crosschain-Connectivity-for-the-New-XRP-Ledger-EVM-Sidechain" rel="noopener noreferrer nofollow">collaboration</a> </strong>with Peersyst and Axelar, the new XRPL EVM Sidechain enables developers to build or migrate <strong><a href="https://coindoo.com/cryptocurrencies/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a></strong>-based decentralized applications (dApps) into the <strong><a href="https://coindoo.com/cryptocurrencies/ripple/" rel="noopener noreferrer nofollow">XRP</a> </strong>ecosystem. It leverages Evmos software to bring full EVM support, allowing use cases like lending, tokenization, and payments to thrive on a platform known for low fees and high-speed transactions.</p>
<p>“This marks a significant step forward in expanding the XRP Ledger’s capabilities without compromising its core strengths,” said Ripple CTO David Schwartz.</p>
<p>The sidechain is connected to XRPL’s mainnet using Axelar’s bridge, which enables cross-chain transfers — including wrapped XRP, the gas token for the EVM chain. Axelar already links to more than 80 blockchain networks, and its integration positions XRPL EVM for broader multichain activity.</p>
<div class="read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light">
 <h5 class="text-uppercase border-bottom mb-3 pb-1 d-none d-md-block">READ MORE:</h5> <a href="https://coindoo.com/japans-metaplanet-climbs-into-top-6-bitcoin-holders/" rel="noopener noreferrer nofollow">
  <div class="contentRight col-4"><span> <img src="https://coindoo.com/wp-content/uploads/2025/03/metaplanet2.webp"> </span>
  </div>
  <div class="contentLeft col-8">
   <h4 class="title mb-0">Japan’s Metaplanet Climbs into Top 6 Bitcoin Holders</h4>
  </div> </a>
</div>
<p>Peersyst CEO Ferran Prat called the launch “Day 1” of a wider journey toward full interoperability. The network has already begun onboarding DeFi players like Band Protocol, Grove, and Squid. Tools such as Blockscout and Goldsky are integrated, and more dApps — including Strobe, Securd, and Vertex — are expected to go live soon.</p>
<p>Wormhole, a leading cross-chain protocol connecting over 35 blockchains, is also scheduled to join the ecosystem, reinforcing the XRPL <a rel="noopener noreferrer nofollow">EVM</a>’s ambition to become a major hub in the multichain DeFi landscape.</p>
<p>The post <a href="https://coindoo.com/xrp-ledger-expands-with-launch-of-ethereum-compatible-sidechain/" rel="noopener noreferrer nofollow">XRP Ledger Expands with Launch of Ethereum-Compatible Sidechain</a> appeared first on <a href="https://coindoo.com" rel="noopener noreferrer nofollow">Coindoo</a>.</p>

XRP Ledger Expands with Launch of Ethereum-Compatible Sidechain

Coindoo.com

Other articles published on Jun 30, 2025

Join our free newsletter for daily crypto updates!