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    Crypto Chain Post
    Home » Ripple CTO Confirms Major Q2 Development for XRPL
    Altcoin

    Ripple CTO Confirms Major Q2 Development for XRPL

    News RoomBy News RoomJune 11, 2025No Comments1 Min Read

    During the recent Apex 2025 event, David Schwartz, chief technology officer at Ripple, stated that XRP Ledger’s (XRPL) Ethereum Virtual Machine (EVM)-compatible sidechain will go live in the second quarter of this year.

    The sidechain will make it possible for developers to deploy Ethereum-based decentralized applications (dApps) within the XRP ecosystem. This could drive substantial DeFi adoption for the XRPL ecosystem.

    The sidechain, which is currently in the testnet stage, has attracted 87 new contributors who are working on various apps and tools. Testing went live on the devnet back in October.

    The sidechain will connect to the XRPL mainnet via Axelar, with wrapped XRP being used as gas.

    The XRP Ledger has now processed more than 3.3 billion transactions with 6 million active wallets.

    “It wasn’t trying to do everything, but it was focused on real-world financial use cases,” Schwartz said during the event.

    Read the full article here

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