XRP Ledger EVM Sidechain Receives Major Update From Ripple

Ripple advances Ethereum compatibility for XRP Ledger

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1/ Introducing the XRPL EVM Sidechain: We're excited to bring Ethereum Virtual Machine compatibility to the XRP Ledger, enhancing interoperability and unlocking new opportunities in DeFi and RWA.Connecting the XRPL EVM Sidechain to the XRPL mainnet would require the use of a bridge, in which wrapped XRP acts as both the native asset and the gas token.

As the XRPL EVM Sidechain launch date approaches, the top priorities are to secure the mainnet bridge and to improve the user and developer experience so that bridging assets is a seamless procedure.The XRPL EVM sidechain is also expected to launch, with Axelar serving as the exclusive bridge to source the sidechain's native gas token from XRPL. Axelar can also be used to connect other fungible tokens to and from the XRPL mainnet, as well as more than 55 blockchains in the Axelar ecosystem.

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