XRP Ledger devs plan sidechain launch in Q2 for Ethereum compatibility
Quick Take XRP Ledger plans to launch an EVM sidechain in the second quarter of this year to gain Ethereum compatibility. Ripple CTO David Schwartz announced the timeline at the Apex 2025 event in Singapore.
The XRP Ledger, a blockchain associated with cross-border payments firm Ripple, plans to launch an Ethereum Virtual Machine (EVM) sidechain in the second quarter of this year, aiming to integrate Ethereum smart contracts into its ecosystem.
Ripple's Chief Technology Officer, David Schwartz, announced the sidechain launch timeline at the ongoing Apex 2025 event in Singapore, according to Peersyst, one of the project's core developers.
The sidechain, a parallel-running blockchain, will integrate the XRP Ledger's low-cost transaction capabilities with Ethereum's smart contract functionality. It is being developed by contributors Ripple and Peersyst, leveraging evmOS' software stack.
It is currently live on testnet , serving as a precursor to a mainnet launch expected to follow after further testing and validator partnerships in the second quarter.
While the XRP Ledger already supports native smart contracts, the network does not currently support the EVM, a computing environment commonly used by Ethereum developers to write applications. Flare Network, which integrates with XRPL, also separately provides smart contract functionality using an EVM-compatible layer.
The sidechain is set to connect to the XRPL mainnet via a bridge, utilizing Axelar as the exclusive bridge for transferring assets such as wrapped XRP, which will serve as the native gas token.
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
IPO Roadshow Day Boosts Enterprise Office Market! Anthropic Launches Multiple AI Tools, Directly Challenging Microsoft Office
Anthropic has launched Claude Meetings, allowing Claude to join Google Meet video conferences in real-time and perform tasks, transforming Claude from a meeting note-taker into a real-time collaborator. AI whiteboard and spreadsheet features are now available, introducing Claude Whiteboards for team co-editing and Claude Sheets that can be created and modified by AI. The data analysis product Claude Data has officially launched, enabling seamless integration between enterprise data and third-party applications. Microsoft's stock decline has widened, at one point falling more than 3%.

Anthropic roadshow targets 35% long-term operating profit; founders plan to cash out $1.75 billion in IPO; Goldman Sachs estimates $685 billion revenue by 2030
In a roadshow video, executives at Anthropic revealed that the company believes it can achieve an adjusted operating profit margin of 35% or higher in the long term, far surpassing this year’s Q3 margin of 15%. According to the prospectus, all seven co-founders plan to sell nearly 3.38 million shares each at the IPO’s midpoint price, netting about $250 million per person, while each will still retain approximately $18 billion in shares. Goldman Sachs predicts that by 2030, Anthropic’s annual revenue will be nearly 150 times last year’s revenue, including $586 billion from enterprise clients and $100 billion from non-enterprise customers.

Texas bill seeks to let cities and counties invest up to $10 million in Bitcoin

