June 12, 2025
11 11 11 AM
Latest Post
Bittrue Hacker Funnels $30M Through Tornado Cash, Made $9.3M by Trading Ether Crypto Lender Maple Partners with Liquid Staking Specialist Lido Finance CoinDesk 20 Performance Update: Chainlink (LINK) Drops 6.2%, Leading Index Lower Conduit, Braza Group Debut Stablecoin Forex Swaps for Cross-Border Payments in Brazil Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus FBI Crypto Veteran Chris Wong Joins TRM Labs to Bolster Fight Against Illicit Finance Crypto Daybook Americas: Bitcoin Drops as Mideast Tensions Rise, but $200K Still In Play Dollar Index Falls Below 98 for First Time in Three Years, Gives Room for Crypto Run FSB warns crypto nearing ‘tipping point’ as ties to TradFi deepen Strategy Launches STRD, Its Third ‘Bitcoin-Backed’ Preferred Stock on Nasdaq

XRP Ledger’s Ethereum-Compaitable Sidechain to Go Live in Q2

Decentralized Layer 1 blockchain XRP Ledger’s (XRPL) sidechain that’s compatible with the Ethereum Virtual Machine (EVM) is set to go live in the second quarter, Jaazi Cooper, director of product management at Ripple, and David Schwartz, Ripple’s chief technology officer said at the ongoing APEX 2025 conference in Singapore.

EVM compatibility refers to the ability of the blockchain to run Ethereum-based decentralized applications and smart contracts seamlessly.

The XRPL EVM sidechain testnet went live early this year and is experiencing rapid growth, according to Peersyst Technologies.

“87 new entities – with no prior XRP involvement – are now contributing to the ecosystem: infrastructure, apps, and demand generation,” Peersyst said on X. “When mainnet goes live, all of it becomes part of the XRP ecosystem – possibly the biggest onboarding in XRP history.”

The EVM sidechain will allow users to potentially generate yield through DeFi applications, such as liquidity pools, and smart contract interactions.

This post was originally published on this site