Ripple’s XRP Ledger’s Ethereum-Compatible Sidechain Set to Launch in Q2 2025

Ripple’s XRP Ledger EVM-compatible sidechain is launching in Q2 2025, enabling Ethereum-based applications. Its testnet has seen substantial growth, with 87 new entities joining the ecosystem, indicating a major onboarding in XRP history. This development will facilitate yield generation through decentralized finance applications.

Exciting news from the world of cryptocurrency as Ripple has announced that the XRP Ledger (XRPL) will be launching its Ethereum-compatible sidechain in the second quarter of 2025. This update was revealed during the APEX 2025 conference held in vibrant Singapore. What’s significant here is that the EVM compatibility means this new sidechain will support Ethereum-based applications and smart contracts seamlessly, opening up fresh possibilities for developers and users alike.

The early part of this year saw the testnet for the XRPL EVM sidechain go live, and since then, it’s been on a rapid growth trajectory. This is not just a minor development. According to Peersyst Technologies, a notable figure in the industry, 87 new entities have jumped onboard – and they are not even familiar with XRP until now. The contributions from these newcomers include infrastructure development, app creation, and demand generation, which is quite a leap for the ecosystem.

“When the mainnet goes live, all of it becomes part of the XRP ecosystem – possibly the biggest onboarding in XRP history,” Peersyst elaborated on social media platform X. This is a game-changer, paving the way for yield generation via decentralized finance (DeFi) applications like liquidity pools and engaging in smart contract interactions.

In terms of technicalities, the XRPL EVM sidechain aligns with the growth of decentralized applications, bringing the benefits of the Ethereum ecosystem straight into the world of XRP. Ripple’s executives, Jaazi Cooper (director of product management) and David Schwartz (chief technology officer), emphasized the importance of this step during their discussions at the conference.

Overall, the launch of the XRPL’s EVM sidechain could shake things up in the crypto sphere significantly. With mainstream potential for DeFi offerings set to increase, all eyes will be on how this integration plays out once the mainnet goes live.

In summary, Ripple’s imminent launch of the XRPL EVM-compatible sidechain heralds a significant expansion for the XRP ecosystem. With rapid growth on the testnet and a wave of new entities getting involved, the anticipation is building. This development is poised to bolster the DeFi landscape by allowing users to engage in Ethereum-based applications and smart contracts, potentially transforming the way XRP interacts with the wider cryptocurrency market.

Original Source: www.coindesk.com