Ripple has announced its new project related to Ethereum! "It will be the largest participation in XRP history!"

While Ripple continues its innovative steps, the latest development was announced by Ripple (XRP) CTO David Schwartz.

Ripple's CTO announced at the APEX 2025 conference in Singapore that they plan to launch an EVM-compatible sidechain for the XRP Ledger - (XRPL) Ethereum Virtual Machine - (EVM).

Accordingly, XRP Ledger plans to launch the Ethereum Virtual Machine (EVM) sidechain in the second quarter of 2025.

This sidechain will integrate the low-cost transaction capabilities of XRP Ledger with the smart contract functionality of Ethereum.

EVM compatibility will allow developers to deploy Ethereum-based smart contracts directly on XRPL, offering new functionalities such as liquidity pools, token swaps, and staking.

Ripple's CTO stated that the test network launched earlier this year has seen strong growth and that EVM compatibility will enable XRPL to support Ethereum-based decentralized applications and smart contracts.

"The testnet of the XRPL EVM sidechain was launched earlier this year and the ecosystem has rapidly grown.

87 new companies that were previously not connected to XRP have started building infrastructure, applications, and services on the test network. When the mainnet is launched, all these elements will be part of the XRP ecosystem and could potentially represent the largest participation in XRP's history.

According to experts, the full integration of Sidechain into XRPL will be an important milestone for Ripple and will position the network to compete more directly with other layer-1 blockchains that support EVM, such as Ethereum, BNB Chain, and Avalanche.

*This is not investment advice.

Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data! Also, download our Android and IOS Apps to start live price tracking immediately!

ETH-2.36%
A-6.16%
XRP-6.57%
B-0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)