XRP’s New EVM Sidechain Unlocks Massive Multi-Chain Liquidity for DeFi Devs!
Jakarta, Pintu News – The latest development in the Ripple ecosystem has delivered an Ethereum Virtual Machine compatible sidechain, allowing developers to integrate Ethereum-based applications into the XRP Ledger.
This initiative is expected to open up access to millions of digital wallets and accelerate transactions worldwide.
Sidechain Launch of EVM XRPL
The launch of the EVM XRPL sidechain is the result of a collaboration between RippleX, Web3 interoperability platform Axelar , and blockchain science firm Common Prefix. The sidechain is designed to extend the functionality of XRPL by enabling the creation, exchange, and transfer of digital assets in accordance with global regulatory standards.
Read also: Ripple Price Prediction: Can XRP Reach $3 in July 2025?
David Schwartz, co-creator of XRPL, emphasized that this launch provides a flexible environment for developers to extend the capabilities of the ecosystem without changing the fundamental principles that maintain Ledger’s reliability.
With this launch, developers can build, move, and deploy cross-chain and EVM-only decentralized applications (dApps). It leverages over 12 years of operational experience and deep liquidity from XRPL.
Ferran Prat, CEO and founder of Peersyst, stated that this marks the beginning of a journey towards interoperability, programmability, and large-scale utility.
Features and Benefits of Sidechain EVM XRPL
The EVM XRPL sidechain offers several key features that increase its appeal to developers and users. Ripple (XRP) will serve as the gas token for transactions on this sidechain, which promises faster block times and low transaction fees.
In addition, this sidechain supports a throughput of 1000 Transactions Per Second (TPS) and full compatibility with Ethereum , including Solidity, MetaMask, and Hardhat. A strong network of validators, consisting of more than 25 companies, guarantees the reliability and security of transactions.
This sidechain also connects with over 80 blockchains through the Axelar bridge and integrates Squid as the official cross-chain transfer interface. This allows users to utilize one of the top interoperability protocols, Wormhole , which already supports over 200 applications across more than 35 blockchain ecosystems.
Read also: XRP Price Prediction July 2025: Ready to Soar or Fall?
Market Reaction and Future Outlook
In response to this launch, the price of Ripple (XRP) increased by 1.8% on July 1, briefly trading at $2.2. Recent analysis suggests that this price could continue to rise, with predictions that Ripple (XRP) could reach $14 in the short term.
Sistine Research even predicts that Ripple (XRP) could reach $73 within this cycle. Georgios Vlachos, director at the Axelar Foundation and co-founder of the Axelar protocol, revealed that this launch aims to meet the growing demand in the ecosystem.
With institutions and enterprises pursuing exciting new use cases, XRPL’s EVM sidechain is positioned to capture this growing demand.
Overall, with the launch of the EVM XRPL sidechain, the Ripple (XRP) ecosystem has not only expanded its scope in the crypto world but also set new standards in interoperability and transaction efficiency.
This initiative is expected to bring more innovation and collaboration in the future, opening up new opportunities for developers and users around the world.
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Reference:
- Crypto Briefing. XRPL EVM Sidechain to Enable Cross-Chain DeFi. Accessed on July 2, 2025
- Crypto News Flash. XRP Ledger’s XRPL New EVM Sidechain Unlocks Multi-Chain Liquidity for DeFi Builders. Accessed on July 2, 2025
