• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Saturday, October 11, 2025
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

XRP Ledger will be compatible with Ethereum smart contracts via sidechain launch summer 2025

by wireopedia memeber
June 11, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
XRP Ledger will be compatible with Ethereum smart contracts via sidechain launch summer 2025
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

After years of testing, the XRP Ledger will finally launch its Ethereum Virtual Machine-compatible sidechain in the second quarter of 2025.

You might also like

Solana Price Enters Uncertain Phase As Negative Divergence Emerges — What’s Next?

Crypto Market Wipes out $410 Billion in 24 Hours as Altcoins Crash Hard

US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales

Ripple Chief Technology Officer David Schwartz confirmed the timeline at the Apex 2025 event, a move that integrates Ethereum’s smart contract capabilities into the XRPL ecosystem.

The development aims to expand XRP’s utility beyond its traditional payment role by addressing alleged limitations in DeFi’s programmability.

Developed in a joint effort by Ripple and Peersyst Technology, the sidechain provides full EVM compatibility, allowing developers to deploy applications using established Ethereum tools like Solidity, MetaMask, and Truffle. Transactions on the network will utilize wrapped XRP (wXRP) as the native gas token.

How the sidechain works

The Axelar network will function as the exclusive bridge for transferring assets, including the XRP required to create wXRP, between the XRPL mainnet and the new EVM sidechain. The architecture connects XRPL to the more than 69 other blockchain ecosystems supported by Axelar.

The sidechain operates on a Proof-of-Authority (PoA) consensus mechanism, selected for performance and efficiency. Its targeted metrics are over 1,000 transactions per second and transaction costs below $0.01.

To ensure network integrity, the sidechain’s code underwent a security audit by Informal Systems in February 2025. The audit identified and led to the resolution of one critical issue related to a Cosmos SDK module, with other findings being of low risk.

This initiative represents a strategic effort to attract developers from the larger EVM ecosystem and provide new avenues for applications on the XRP Ledger. By lowering the barrier to entry, the sidechain may foster a more diverse application environment for XRPL’s user base, which holds over six million wallets.

The use of wXRP for transaction fees introduces a new demand mechanism for the XRP token, tying its utility directly to the activity level on the EVM sidechain. This could extend its tokenomics beyond its primary function in facilitating cross-border settlements.

Activity on the sidechain’s testnet suggests initial developer interest. According to a post from Peersyst, projects including Strobe Finance, Vertex Protocol, and Secured Labs are already building applications.

The firm also reported that 87 new entities with no prior involvement in the XRP ecosystem are now contributing on the testnet, suggesting the potential for broad ecosystem growth upon the mainnet’s release.

The project’s structure as a sidechain allows these new capabilities to be introduced without altering the XRPL mainnet’s core protocol, which remains optimized for payments. The mainnet launch of the XRPL EVM Sidechain is scheduled to proceed in the second quarter of 2025.

The post XRP Ledger will be compatible with Ethereum smart contracts via sidechain launch summer 2025 appeared first on CryptoSlate.

Read Entire Article
Tags: BlockchainCoin SurgesCryptocurrenciesCryptoslateMarket StoriesTrading
Share30Tweet19

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Epping protests are just the latest flashpoint of frustration

Epping protests are just the latest flashpoint of frustration

July 20, 2025

Bitcoin (BTC) Kurs: Preis steigt wieder deutlich über 100.000 $

January 28, 2025
University bosses quit after ‘scathing’ report into financial crisis

University bosses quit after ‘scathing’ report into financial crisis

June 19, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • ‘No survivors’ in munitions factory explosion after 18 reported missing, police say
  • ‘Sir Keir is snubbing me,’ Plaid Cymru leader claims
  • Behind Trump’s Tylenol warning: A lack of data on how drugs affect pregnant women
  • Solana Price Enters Uncertain Phase As Negative Divergence Emerges — What’s Next?
  • Crypto Market Wipes out $410 Billion in 24 Hours as Altcoins Crash Hard

© 2024 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2024 WIREOPEDIA - All right reserved.

You have not selected any currencies to display