Altcoins News

Story: XRP Ledger’s EVM Sidechain Hits 1,400 Smart Contracts in First Week as Cross-Chain Adoption…

By Pankaj K

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The XRP Ledger has taken a major leap toward multi-chain interoperability with the launch of its long-awaited EVM-compatible sidechain.

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Built collaboratively by Ripple and Peersyst Technology, the EVM sidechain combines the speed and cost-efficiency of the XRP Ledger with the flexibility of Ethereum’s smart…

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The EVM compatibility marks a fundamental shift in how the XRP Ledger can be used. It expands Ripple’s ambitions beyond payments, enabling the creation of decentralized…

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In a post celebrating the mainnet release, Peersyst highlighted the overwhelming demand for smart contracts on XRPL.

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This technical milestone also builds on Ripple’s broader push toward cross-chain functionality.

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The timing of the EVM sidechain’s release is noteworthy. It follows closely on the heels of XRPL version 2.5.0, signaling Ripple’s continued pace of innovation.

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The initial response from the validator community has also been positive. At the time of launch, 25 independent companies had already committed to running validator nodes for the…

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From a strategic standpoint, Ripple’s latest upgrade reinforces its intention to make XRP more functional and widely used in real-world applications.

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Furthermore, as institutions and developers seek alternatives to Ethereum’s high fees and scalability issues, XRP’s fast settlement speeds and low transaction costs make the EVM…

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The integration of Ethereum compatibility doesn’t just expand the technological capabilities of XRPL—it also brings it closer to the heart of the multi-chain future.

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As Ripple continues to enhance the XRP Ledger with advanced capabilities and cross-chain functionality, this recent launch may prove to be a turning point.

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With smart contracts already gaining traction and cross-chain infrastructure being built out rapidly, XRP Ledger is now firmly positioned in the race to support the next wave of…

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