XRP Ledger’s New Ethereum Sidechain May Foster Developer Growth and Innovation in Its Ecosystem
Main Idea
The XRP Ledger's new Ethereum sidechain aims to enhance programmability and attract more developers, with current DeFi assets totaling $94,000.
Key Points
1. Ripple’s CTO David Schwartz states the Ethereum sidechain will increase experimentation and innovation within the XRP Ledger ecosystem.
2. The XRPL EVM sidechain currently has $94,000 in assets utilized in DeFi applications, with Moai Finance being the most popular.
3. Developers familiar with Solidity and EVM are encouraged to join the XRP Ledger ecosystem to leverage the new sidechain.
4. The XRP Ledger has 168 developers, significantly fewer than Ethereum’s 8,500 and Solana’s 4,000.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The introduction of
Latest News
- Trump’s Executive Order May Address Debanking Challenges for Ripple and Other Crypto Firms2025-08-07 18:40:15
- Binance and Mastercard Integration: A Potential Shift Toward Everyday Crypto Spending in Europe2025-08-07 18:30:04
- XRP Whale Flows Turn Negative, Indicating Potential Distribution Pressure and Market Weakness2025-08-07 18:07:46
- SBI Holdings Proposes Bitcoin and XRP ETFs, Potentially Leading Japan’s Crypto Investment Landscape2025-08-07 17:32:38
- Ethereum May Approach $16K If Historical ETH/BTC Ratios Recur Amid Rising Institutional Demand2025-08-07 17:22:33