XRP Adds Smart Contracts With New EVM Sidechain

Picture showing glowing XRP coin with ETH logo

Ripple has launched its XRPL EVM Sidechain on mainnet, adding full Ethereum compatibility to the XRP ecosystem for the first time. This upgrade allows developers to build and deploy smart contracts using Solidity and tools like MetaMask and Hardhat, while using XRP as the native gas token.

What Is The EVM Sidechain?

The XRPL EVM Sidechain is a separate blockchain connected to the XRP Ledger through the Axelar bridge. It offers faster block times of around 3.4 seconds and can process up to 1,000 transactions per second. It uses Proof of Authority consensus, supported by over 25 validators.

This setup makes it possible to run Ethereum-based applications within the XRP environment without changing their original code. Developers can launch DeFi apps, token exchanges, and other smart contract-based platforms and connect them directly to the XRP Ledger’s liquidity and user base of more than 6 million wallets.

Why This Matters

Until now, XRP was mainly used for payments and remittances. The launch of the EVM Sidechain brings smart contract functionality, enabling wider use cases similar to Ethereum, such as lending, borrowing, or decentralized trading.

The sidechain also keeps XRP at the centre by using it for transaction fees and bridging it directly to the main ledger. This means users can move their XRP between the main network and the EVM sidechain seamlessly.

XRP Price Reaction

Following the announcement, XRP rose from around $2.17 to a peak of $2.30 and is currently trading near $2.27, remaining noticeably up on the day.

Chart showing XRP price over the past 3 days

What Happens Next?

With the sidechain now live, developers can start deploying smart contracts and dApps using XRP for gas. Ripple describes this launch as the beginning of a broader strategy to connect XRP with more blockchain networks and expand its real-world utility beyond payments.

Kate Taylor

Kate Taylor