Story perspectives
XRP Ledger Launches EVM-Compatible Sidechain, Boosts DeFi
7/1/2025
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Story summary
- The XRP Ledger (XRPL) introduced its EVM-compatible sidechain on June 30, 2025, enabling Ethereum-style smart contracts.
- Developers can utilize Solidity and tools like MetaMask to create decentralized applications (dApps) efficiently.
- The sidechain processes 1,000 transactions per second and connects to over 80 blockchains through the Axelar bridge.
- This advancement boosts XRPL's DeFi capabilities, facilitating lending, tokenization, and cross-chain interactions, solidifying XRP's role in decentralized finance.
