Share this article
XRP Ledger's Ethereum-Compatible Sidechain to Go Live in Q2
The testnet for the XRPL EVM sidechain has shown rapid growth.
Updated Jun 11, 2025, 12:58 p.m. Published Jun 11, 2025, 2:43 a.m.
What to know:
- The XRP Ledger's EVM-compatible sidechain is set to launch in the second quarter, as announced at the APEX 2025 conference.
- EVM compatibility allows the blockchain to support Ethereum-based applications and smart contracts.
- The testnet for the XRPL EVM sidechain has shown rapid growth.
Decentralized Layer 1 blockchain XRP Ledger's (XRPL) sidechain that's compatible with the Ethereum Virtual Machine (EVM) is set to go live in the second quarter, Jaazi Cooper, director of product management at Ripple, and David Schwartz, Ripple's chief technology officer said at the ongoing APEX 2025 conference in Singapore.
EVM compatibility refers to the ability of the blockchain to run Ethereum-based decentralized applications and smart contracts seamlessly.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The XRPL EVM sidechain testnet went live early this year and is experiencing rapid growth, according to Peersyst Technologies.
"87 new entities – with no prior XRP involvement – are now contributing to the ecosystem: infrastructure, apps, and demand generation," Peersyst said on X. "When mainnet goes live, all of it becomes part of the XRP ecosystem – possibly the biggest onboarding in XRP history."
The EVM sidechain will allow users to potentially generate yield through DeFi applications, such as liquidity pools, and smart contract interactions.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
