Market Cap: $3.2904T 0.530%
Volume(24h): $108.896B -5.760%
  • Market Cap: $3.2904T 0.530%
  • Volume(24h): $108.896B -5.760%
  • Fear & Greed Index:
  • Market Cap: $3.2904T 0.530%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$107974.534475 USD

1.34%

ethereum
ethereum

$2493.945606 USD

1.64%

tether
tether

$1.000258 USD

-0.03%

xrp
xrp

$2.198357 USD

0.63%

bnb
bnb

$649.022733 USD

0.63%

solana
solana

$145.932687 USD

-0.07%

usd-coin
usd-coin

$0.999502 USD

-0.05%

tron
tron

$0.273746 USD

0.23%

dogecoin
dogecoin

$0.166063 USD

-0.12%

cardano
cardano

$0.575474 USD

-1.89%

hyperliquid
hyperliquid

$37.553539 USD

-2.76%

bitcoin-cash
bitcoin-cash

$484.102244 USD

2.24%

sui
sui

$2.771720 USD

-1.31%

chainlink
chainlink

$13.366183 USD

-0.20%

unus-sed-leo
unus-sed-leo

$9.003490 USD

-0.36%

Cryptocurrency News Articles

Ripple Labs Prepares to Launch Ethereum-Compatible Sidechain for the XRP Ledger

Jun 12, 2025 at 01:07 pm

The announcement was made on the opening day of XRPL Apex 2025 in Singapore, a three-day gathering centered on development within the XRP ecosystem.

Ripple Labs Prepares to Launch Ethereum-Compatible Sidechain for the XRP Ledger

Ripple Labs is set to launch an Ethereum-compatible sidechain for the XRP Ledger by the end of Q2, paving the way for seamless integration of diverse crypto projects.

The announcement was made on the opening day of XRPL Apex 2025 in Singapore. The three-day gathering will focus on development within the XRP ecosystem.

The timing overlaps with Ripple’s ongoing legal conflict with the U.S. Securities and Exchange Commission, which needs to report the company’s US $50M (AU $76M) settlement to the Appeal Court by June 16.

If no filing is made, the process will stall for at least two more months.

The new chain is designed to support Ethereum-based applications via full EVM compatibility, enabling developers to deploy smart contracts and DeFi tools on infrastructure linked to XRPL.

According to validator Peersyst Technology, the sidechain already involves 87 entities, including DeFi protocols, oracles, wallets, and block explorers. Most have no prior connection to XRP.

It’s being built using the evmOS framework and aims to combine Ethereum’s contract capabilities with XRPL’s lower-cost transaction infrastructure.

While Flare Network already provides an EVM layer for XRPL interaction, Ripple’s approach gives the base ledger its own dedicated EVM execution environment.

This integration will be facilitated by the introduction of a new wrapped XRP token, functioning as the native gas token for the EVM chain.

The token will be used to pay for transaction fees and other operations within the EVM chain, while also enabling the token to move across chains and preserve its role at the center of the ecosystem.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 26, 2025