Ripple’s EVM Sidechain: The Blockchain Drama You Didn’t Know You Needed! 🎉

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So, it turns out that Ripple‘s CTO, David Schwartz, has finally decided to grace us with some news that’s been more anticipated than a sequel to a bad rom-com. Yes, folks, the EVM compatible sidechain for the XRP Ledger (XRPL) is officially launching in Q2! 🎊 Because who doesn’t want to transfer funds between XRPL and Ethereum with the same ease as switching between Netflix shows?

During the exclusive Apex 2025 event—where the only thing more inflated than the egos were the expectations—Schwartz revealed that this shiny new sidechain is not just a figment of our collective imagination. Various DeFi platforms, including the likes of Strobe Finance, Vertex Protocol, Secured Labs, and Squid Router (yes, you read that right, Squid Router—sounds like a rejected character from a superhero movie), are already building their apps on this soon-to-be-launched sidechain.

Peersyst Technology, the brains behind this operation, took to X (formerly known as Twitter, because rebranding is all the rage) to share the news.

💡 The one and only @JoelKatz and Ripple’s @jazzicoop announced the XRPL EVM is going live Q2 at Apex featuring some DeFi apps like @StrobeFinance @vertex_protocol, @SecurdLabs and @squidrouter building on it 👏🏻

— Peersyst Technology (@Peersyst) June 11, 2025

Now, let’s rewind a bit. The XRPL sidechain was first teased by Peersyst back in October 2022, like a magician pulling a rabbit out of a hat—except the rabbit was a devnet release, and it took a year and a half for the trick to actually work. After a successful primary launch and what felt like an eternity of development, they finally rolled out the testnet in June 2023.

This sidechain, which will run parallel to the XRP Ledger, promises to combine low-cost transaction capabilities with Ethereum’s smart contract functionality. It’s like the blockchain version of a buddy cop movie—two unlikely partners teaming up to save the day (or at least your wallet). And let’s not forget, it’s leveraging Cosmos’s evmOS stack, because why not throw in some extra jargon to make it sound even cooler?

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2025-06-11 12:37