Golden Finance reported that XRP Ledger, a blockchain network supported by payment company Ripple, revealed the official name of its upcoming sidechain, calling it the "XRPL EVM Sidechain," and said it will be launched with Axelar as the exclusive bridge protocol. The interoperability platform Axelar will allow users to exchange their XRP for wrapped XRP (eXRP), which will also be used as the native token for gas fees on the sidechain.