Ripple President Focuses on Key Developments of XRP Ledger EVM Sidechain

Ripple President Monica Long focused on key developments for XRP Ledger’s (XRPL) Ethereum Virtual Machine (EVM) sidechain in its latest second-quarter report. She shared the exciting news in an X post to community members, expressing excitement about the progress developers are making in this area.

Key developments in XRPL EVM sidechain

According to the report, XRPL’s collaboration with Axelar made significant progress in the second quarter. The launch of the XRPL EVM sidechain will greatly promote innovation in the field of decentralized finance (DeFi) and real-world asset tokenization, providing new opportunities for developers of the XRPL platform. This move not only helps the expansion of the XRPL network, but also marks an important step for Ripple in EVM compatibility integration.

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