Breaking: Ripple’s XRPL EVM Sidechain Mainnet is Now Live

According to an update from Ripple, the long-awaited XRPL EVM Sidechain is now live on mainnet.

A few highlights of what this entails include:

• full EVM compatibility with Solidity, MetaMask, Hardhat, and more
• PoA consensus and more than 25 validators
• 3.4 seconds block time and over 1,000 TPS
• XRP as a native gas token
• Smart contract support via the Ethereum Virtual Machine

Speaking on the matter was David Schwartz, CTO at Ripple and the co-creator of the XRP Ledger, who said:

“The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL’s efficiency. It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable.”