Ripple (XRPUSD)

[europa7]

Ripple Announces XRPL EVM Sidechain to Enhance Blockchain Interoperability
June 12 2024
https://www.coinspeaker.com/ripple-xrpl-evm-sidechain/

"...Leading blockchain payment company Ripple Labs has announced plans to roll out Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL) through a product dubbed XRPL EVM Sidechain.

According to the announcement, Ripple is responding to the request from the developers’ community amid the mainstream adoption of web3 products and digital assets.

Moreover, the XRPL EVM Sidechain will unlock more opportunities, especially in the real-world assets (RWA) tokenization that has attracted significant attention from institutional investors and retail traders.

Notably, the XRPL EVM Sidechain will exclusively launch on the Axelar network, a programmable web3 interoperability protocol that has already connected over 50 blockchains..."
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"...continued XRPL development by Ripple will significantly improve XRP’s liquidity, thus guaranteeing the ultimate bullish breakout in the coming quarters..."