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Blockchain News

Ripple CTO Confirms XRP Ledger’s EVM Sidechain Launch in Q2

Written By Gopal Solanky
Published June 11, 2025 2:04 PM·Updated 1 year ago
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Ripple CTO Confirms XRP Ledger’s EVM Sidechain Launch in Q2

Ripple CTO David Schwartz has confirmed that the launch of the much anticipated EVM compatible sidechain for XRP Ledger (XRPL) has been scheduled for the second quarter (Q2) this year. With this development, users will be able to transfer funds between XRPL and Ethereum blockchain seamlessly. 

While speaking at Apex 2025, an exclusive event for XRP Ledger community, Schwartz revealed that the EVM sidechain for XRR Ledger is set to launch in Q2, also noting that various DeFi platforms—including Strobe Finance, Vertex Protocol, Secured Labs and Squid Router—are already building their apps on this to-be launched sidechain. 

Peersyst Technology, the developer firm behind the XRPL Sidechain, shared the announcement in their latest X post. 

💡 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 👏🏻 pic.twitter.com/EPhz1JcdiA

— Peersyst Technology (@Peersyst) June 11, 2025

The XRPL sidechain was first announced by Peersyst with a devnet release in October 2022. After a successful primary launch and months of developments, the firm later rolled out testnet in June 2023. 

The sidechain, running in parallel to XRP Ledger, will combine low-cost transaction capabilities with Ethereum’s smart contract functionality to enable broader market spectrum. It leverages Cosmos’s evmOS stack.

Also read: Can XRP Prevent US Recession Amid Rising Debt, CPI Surge Fears?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Ripple (XRP)XRP Ledger
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