Ethereum

Read

IoTeX

<ul> 
 <li>Ripple’s XRP is set for large-scale retail adoption with the advent of XRPL EVM.</li> 
 <li>XRPL EVM allows Solidity smart contracts to be deployed and interacted with within the Ripple ecosystem.</li> 
 <li>The XRPL EVM could be the missing link, serving as an extension to XRPL’s current functionality.</li> 
</ul> 
Ripple’s XRP is on the brink of a significant breakthrough with the advent of XRPL EVM – an Ethereum Virtual Machine compatible XRPL Sidechain. This development is set to expand the horizons of the Ripple ecosystem, opening up a world of new possibilities and sparking widespread retail adoption. 
The introduction of<a href="https://twitter.com/shenxcrypto/status/1686721231721234432" target="_blank" rel="noopener noreferrer nofollow"> XRPL EVM</a> allows Solidity smart contracts to be deployed and interacted with within the Ripple ecosystem. This groundbreaking move is just a hint of what’s to come from the XRPL EVM, with potential applications ranging from platforms similar to Uniswap, PancakeSwap, blur.io, and sudoswap. 
While the XRPL has been praised for its reliability, security, and robustness, it has often fallen behind in terms of retail-focused developmental functionality. The XRPL EVM could be the missing link, serving as an extension to XRPL’s current functionality, without needing any major mainnet modifications. 
Not only does the XRPL EVM provide a much-needed developmental boost, it also creates a significant adoption path for the XRPL ecosystem. For users transitioning from other chains, the sidechain will provide a familiar experience, tackling one of the biggest hurdles for XRPL adoption. 
Looking ahead, the future of Ripple and XRP in the crypto space appears bright. With the advent of XRPL EVM and the continued innovation in the Ripple ecosystem, XRP is well-positioned to drive the next wave of growth in the crypto market. 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/evm-sidechain-for-xrp-ledger-hits-devnet-v2-a-leap-in-blockchain-innovation/" rel="noopener noreferrer nofollow">EVM Sidechain for XRP Ledger Hits Devnet v2: A Leap in Blockchain Innovation</a></li> 
 <li><a href="https://cryptonewsland.com/iotex-announces-mainnet-v1-3-upgrade-for-july-22/" rel="noopener noreferrer nofollow">IoTeX Announces Mainnet v1.3 Upgrade for July 22</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-fans-rejoice-as-xrpl-tipbot-makes-huge-comeback-on-twitter/" rel="noopener noreferrer nofollow">XRP Fans Rejoice as XRPL TipBot Makes Huge Comeback on Twitter</a></li> 
 <li><a href="https://cryptonewsland.com/us-presidential-candidate-predicts-xrp-to-outshine-bitcoin-xrps-vital-role-in-xrpl-unveiled/" rel="noopener noreferrer nofollow">US Presidential Candidate Predicts XRP to Outshine Bitcoin: XRP’s Vital Role in XRPL Unveiled</a></li> 
 <li><a href="https://cryptonewsland.com/xrp-ledgers-layer-2-platform-inches-closer-to-launch-with-evernodes-strides/" rel="noopener noreferrer nofollow">XRP Ledger’s Layer 2 Platform Inches Closer to Launch with Evernode’s Strides</a></li> 
</ul> 
The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/ripples-xrp-poised-for-large-scale-adoption-with-xrpl-evm/">Ripple’s XRP Poised for Large-Scale Adoption with XRPL EVM</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.

Ripple’s XRP Poised for Large-Scale Adoption with XRPL EVM

Crypto News Land

Otros artículos publicados el 4 ago 2023

SEC suggests change to Coinbase; ETH upgrade to be released

Polygon and Filecoin Continue to Fall, Investors are Turning to Borroe (ROE)

TRON’s Bullish Charge: Can The Positive Wave Hold Its Course?

Huobi Co-Founder Acquires 10 Million CRV Tokens

Dogecoin: Bearish Momentum May Push Price to $0.06

Binance Japan starts offering residents trading services

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!