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The XRP Ledger (XRPL) has officially launched its Ethereum Virtual Machine (EVM) sidechain, enabling seamless integration of Ethereum-compatible dApps. This development bridges the gap between XRP’s efficiency and Ethereum’s programmability, fostering a multichain ecosystem. Key partnerships with Axelar and Wormhole further enhance cross-chain connectivity.
- The XRPL EVM sidechain enables Ethereum-compatible dApps while leveraging XRP’s speed and low fees.
- Axelar Bridge and Wormhole integration enhance cross-chain connectivity across 80+ and 200+ blockchains, respectively.
- DeFi projects like Band Protocol and Grove are among the early adopters, with more expected to join soon.
📎 Related coverage from: cryptoslate.com
Other Tags: Axelar, Band Protocol, Multichain, Wormhole, DeFi, Ethereum Virtual Machine (EVM), MetaMask