PANews reported on June 11 that according to CoinDesk, Ripple announced at the APEX 2025 conference in Singapore that the EVM-compatible sidechain of XRP Ledger (XRPL) will be officially launched in the second quarter. The sidechain testnet has grown rapidly since its operation at the beginning of the year. Data from the development company Peersyst shows that 87 new entities have participated in the ecological construction, covering areas such as infrastructure, application development and user growth.

EVM compatibility will enable the sidechain to seamlessly run decentralized applications and smart contracts based on Ethereum. After the mainnet is launched, users can realize profits through DeFi applications such as liquidity pools. Ripple Product Director Jaazi Cooper said that this may be the largest user import in the history of the XRP ecosystem.