Ripple And Allies Launch XRP Ledger EVM Sidechain On Testnet

Share This Post

Blockchain development firm Peersyst Technology has confirmed the live testnet launch of an Ethereum-compatible sidechain for the XRP Ledger. The project, known as the XRPL EVM sidechain, is being propelled by a collaboration that includes RippleX—the research and development arm of Ripple—as well as the Web3 interoperability platform Axelar Network and blockchain science firm Common Prefix.

Announcing the milestone on X, Peersyst Technology proclaimed: “The wait is over… Excited to share that the XRPL EVM Sidechain is now live on Testnet! In a great collaborative effort between RippleX, Axelar, Common Prefix and Peersyst teams, we’ve been able to complete this critical milestone in preparation for the Mainnet launch, which is now just around the corner. A new era of interoperability and programmability for XRP is upon us.”

The team has launched a new website, xrplevm.org, where developers can integrate the EVM Testnet into MetaMask. A faucet enables users to easily obtain tokens on the EVM testnet, while an additional faucet is accessible via the Discord community. Another highlight is the introduction of a new bridge, powered by Squid Router, that allows for cross-chain transfers between the XRPL and the EVM sidechain.

Peersyst also called on the developer community to begin migrating projects from Devnet to Testnet, noting in its announcement: “Calling all developers of the XRPL EVM sidechain. You can now migrate your projects from Devnet to Testnet to test them in a production environment. We’ve released new documentation with step-by-step support for users, developers, and validators. All information is updated and available at the new docs.xrplevm.org.”

Bringing Ethereum Smart Contracts To The XRP Ledger

According to the official documentation, the EVM is an extended environment built on the Cosmos SDK, designed to run Ethereum Virtual Machine (EVM) smart contracts. The sidechain utilizes a Proof-of-Authority (PoA) consensus model, emphasizing low latency and high performance while still retaining the security features of the XRPL.

Axelar Network enables asset and message transfer between the XRPL and other blockchains, with the token bridged from the main ledger serving as the native currency on the sidechain. The sidechain fully supports Solidity-based smart contracts, offering developers the chance to reuse popular Ethereum tools such as Remix, Truffle, and MetaMask.

Moreover, transaction finality is under four seconds, and fees are significantly lower compared to Ethereum, creating a cost-effective environment for dApp development. Axelar integration and a dedicated EVM bridge allow for seamless asset movement between XRPL, the EVM sidechain, and other networks, enabling advanced use cases in DeFi and NFTs.

Built using Cosmos SDK and powered by Evmos, the EVM is designed for modular scalability, supporting Byzantine Fault Tolerance (BFT) through the CometBFT (Tendermint) protocol.

The EVM sidechain aims to merge XRPL’s well-known speed and affordability with Ethereum’s versatile smart contract ecosystem. This opens the door to a range of possibilities, from cost-efficient decentralized application (dApp) development to cross-chain DeFi protocols and NFT platforms.

By integrating the ledger’s global payments infrastructure with EVM-based programmability, developers gain the flexibility to automate settlement processes, manage assets across blockchains, and create new financial tools that leverage XRP’s liquidity and low transaction costs.

Peersyst, along with RippleX, Axelar Network, and Common Prefix, has hinted at further announcements in the coming days—ranging from new infrastructure integrations to additional validator partnerships. With the testnet phase already underway, developers are encouraged to begin porting their Ethereum-compatible projects to the EVM sidechain.

A mainnet launch is expected soon, marking another step toward fully combining the XRPL’s established payment capabilities with the rapid growth of Web3 technologies. Peersyt writes: “The Mainnet launch […] is now just around the corner. […] There’s still a lot more to announce, but we’re taking it step by step. In the coming days, we’ll be announcing new partners, infrastructure, validators, and much more.”

At press time, XRP traded at $2.12.

XRP price

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Crypto Exchange Binance To Assist Pakistan In Tokenizing $2 Billion In Government Bonds

As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the

CFTC Scraps Outdated Crypto Rules, Signals Fresh Momentum Ahead

US crypto regulation is pivoting fast as the CFTC scraps legacy guidance, signaling a friendlier, clearer framework that could unlock broader market access, reduce compliance friction and accelerate

Crypto Unrealized Losses Hit $350 Billion, With $85 Billion From Bitcoin Alone

On-chain data shows the Unrealized Loss in the crypto market recently ballooned to $350 billion, with Bitcoin accounting for a significant part of it Unrealized Loss Has Spiked In The Crypto Sector

Ethereum Trades Near Whales’ Cost Basis For The Fourth Time Since 2021 – Historic Test

Ethereum is trading above the $3,200 level as bulls attempt to push the price back toward higher resistance zones, but market sentiment remains fragile Fear and uncertainty continue to dominate as

Ripple Closes Rail Acquisition to offer Most Comprehensive End-to-End Stablecoin Payments Solution

Ripple finalized its Rail acquisition, advancing Ripple Payments into a unified, compliant stablecoin platform designed to streamline global B2B money movement, expand enterprise adoption, and deepen

Binance’s USD1 Stablecoin Push Deepens Relationship With Trump’s Crypto Platform

Binance, the world’s largest crypto exchange, has broadened support for USD1, the stablecoin tied to World Liberty Financial and US President Donald Trump’s crypto ventures, reports disclosed The