Ripple announced at the APEX 2025 conference in Singapore that the EVM-compatible sidechain of XRP Ledger (XRPL) will be officially launched in Q2. The sidechain testnet has grown rapidly since its launch at the beginning of the year. According to development company Peersyst, 87 new entities have participated in the ecosystem, covering areas such as infrastructure, application development and user growth. EVM compatibility will enable the sidechain to seamlessly run Ethereum-based decentralized applications and smart contracts. After the mainnet goes live, users can realize revenue through DeFi applications such as liquidity pools.
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