Ripple Deploys XRPL EVM Sidechain to Support Ethereum dApps
2025/07/01 02:15
- Ripple added EVM support to XRPL so developers can use Ethereum tools like Solidity easily.
- The new sidechain allows quick and cheap smart contract transactions on the XRPL network.
- XRP price is now rising toward $2.28 after breaking out from a downtrend and gaining momentum.
Ripple has officially deployed the XRP Ledger’s Ethereum Virtual Machine (EVM) sidechain to the mainnet after years of development and testing with Peersyst and the wider XRPL community. This move enables developers to launch Ethereum-based decentralized applications (dApps) directly on the XRPL network. It also gives smart contract capabilities to XRP Ledger while maintaining its low-cost, high-speed infrastructure.
1/ The XRPL EVM Sidechain is live on mainnet: https://t.co/CJ61aqZvhp
— RippleX (@RippleXDev) June 30, 2025
After years of building with @Peersyst and the XRPL community, devs can now build, port, and deploy cross-chain and EVM-only dApps using XRP as gas, with a direct bridge to the XRPL.
Get started
The XRPL EVM Sidechain introduces support for tools like Solidity, MetaMask, and Hardhat within XRP’s ecosystem. According to Ripple, developers can now build and deploy EVM-compatible applications that utilize XRP’s liquidity and payment rails. David Schwartz, Ripple’s Chief Technology Officer and Co-creator of XRPL, said the sidechain allows new apps without altering XRPL’s core design.
“The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications while maintaining a connection to the XRPL’s efficiency,” Schwartz said in Ripple’s announcement post.
Axelar and Squid Strengthen Multi-Chain Support
The XRPL EVM Sidechain connects to over 80 blockchains using Axelar, a bridge protocol that powers interoperability with high security. Axelar bridges XRP as the native gas asset into the sidechain, enabling seamless asset transfer. Additionally, Squid is integrated as the cross-chain transfer UI for XRP and the EVM sidechain.
Ripple noted that this development aligns with its long-term vision of a multi-chain future, where efficiency and interoperability work side-by-side. The blog post explained that, for over a decade, XRPL has evolved to meet the needs of institutions and developers, from facilitating asset transfers to ensuring compliance with global standards.
By embracing Ethereum compatibility, Ripple aims to support lending, tokenization, and payments on a blockchain optimized for scale and performance. Transactions on the EVM sidechain will feature lower gas fees and faster confirmation times than those on the traditional Ethereum network.
Developers Gain Access to Broader Toolsets
The launch opens up new opportunities for cross-chain interoperability and EVM-based app development on XRPL. Developers can tap into XRP’s deep liquidity while utilizing familiar Ethereum development frameworks. The ecosystem now supports new types of decentralized apps, including DeFi, NFTs, and payment-focused platforms.
According to Ripple, the EVM sidechain provides a quick and secure alternative for smart contract execution, offering a direct route to the XRP Ledger. The infrastructure enables light and inexpensive transactions, which aligns with developers who need to scale up.
This rollout bridges two significant blockchain groups, Ethereum and XRP, and introduces additional functionality to both without negatively impacting their performance. The move by Ripple removes the age-old trade-off between EVM and XRPL reliability.
Related: Dubai Launches Real Estate Tokenization Project on XRPL
Price Action Signals Response to Sidechain Rollout
As of press time, XRP was trading at $2.2170, approaching a key technical resistance level at $2.2861. This level marks the 50% Fibonacci retracement from a high of $2.6610 to the $1.9112 bottom. XRP had previously found support at $1.9112 on the lower bounds of a falling wedge, hinting at renewed bullish interest.
Source:
Tradingview
The SMA at $2.1817 serves as a support level for the ongoing uptrend. An arrow, reflecting bullish momentum, indicates a retest of the $2.66 level by bulls, once they’ve cleared $2.28.
Additional evidence suggests that gaining strength comes from the MACD. The MACD line at -0.0066 is above the signal line at -0.0210, indicating bullish momentum, and the rising green histogram bars confirm this trend. The XRPL EVM sidechain launch could be the central catalyst for the current technical setup surrounding XRP.
The post Ripple Deploys XRPL EVM Sidechain to Support Ethereum dApps appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Micron now earns more than Apple! Apple urgently needs chips, Micron holds pricing power.
Micron Technology reported a net profit of $37.7 billion in the fourth fiscal quarter, surpassing Apple's $29.8 billion for the same period, thus becoming the more profitable company for the quarter. The memory shortage has given Micron strong pricing power, with its CEO stating that they “cannot meet customer demand.” The revenue guidance for next quarter is as high as $61.5 billion. Meanwhile, Apple's gross margin continues to be pressured by persistent memory costs, having dropped from 49.3% to a guidance range of 46.5%.
The "Eye of the Storm" in the Global Economy: Debt Crisis in Developed Countries
The IMF warns that developed economies are becoming the "eye of the storm" for global debt risks. Countries such as the United States and France accumulated high levels of debt during periods of low interest rates, but now rising interest rates are pushing up repayment costs, and fiscal consolidation faces political resistance. BofA Securities points out that the United States is facing declining tax revenues, France has structural income decline issues, and the UK and Japan are also under pressure. The deteriorating debt sustainability of developed countries may impact global financial markets through shocks in interest rates and capital flows.
The US market narrative undergoes a "dramatic reversal": shifting from "AI-driven deflation and controllable US debt" to "AI squeezing the bond market, and Bassen unable to control long-term interest rates"
Deutsche Bank points out that the market narrative regarding the U.S. economy has shifted from "AI drives down inflation" to "AI-related bond issuance pushes up U.S. Treasury yields," but pessimism may be overdone. The bank believes that the real risks underestimated by the market are security incidents in the AI ecosystem, failed IPOs, or underwhelming revenues, which could undermine the dollar and support the bond market. In addition, France's fiscal difficulties are putting new pressure on the euro.
Crypto prices
More
