Ripple Expands XRP Ledger with Ethereum-Compatible Smart Contracts
Ripple is set to introduce Ethereum-compatible smart contracts on its XRP Ledger, aiming to broaden its functionality and attract developers.
Key points:
- Ethereum-compatible contracts: Ripple to add smart contracts via an Ethereum Virtual Machine (EVM) sidechain.
- Developer focus: Ripple aims to attract more developers by enabling familiar programming environments.
- Mainnet expansion: Smart contracts may expand to XRP Ledger’s mainnet in the future.
- Timeline: Initial features expected to launch in the coming months.
Ripple’s XRP Ledger Is About to Get a Lot Smarter:
Ripple is making big moves. The company behind XRP Ledger (XRPL) is about to add Ethereum-compatible smart contracts.
This isn’t just tech talk—it’s a game-changer. By using an Ethereum Virtual Machine (EVM) sidechain, Ripple is giving developers familiar tools they already know and love.
In other words, Ethereum devs can now deploy decentralized apps (DApps) on the XRPL without needing a new playbook.
But why stop there? Ripple sees this as more than just a new feature. It’s a strategy to make XRPL a versatile platform that supports a wider range of applications.
At first, these smart contracts will live on a sidechain. But Ripple is thinking bigger. They’re considering moving this functionality to the mainnet, which could open up the XRPL to even more complex applications, pushing $XRP deeper into the DeFi world.
Ripple isn’t doing this alone. They’re asking DeFi developers to jump in and help shape how these smart contracts work. This collaborative vibe could speed up new developments and make XRPL a go-to platform for innovative use cases.
Read more: Ripple Unveils Plans to Launch USD-Pegged Stablecoin on XRP Ledger
And here’s the kicker: this isn’t some far-off dream. The company plans to roll out the first features in just a few months.
As they keep pushing the envelope, XRPL could become a top choice for developers and businesses looking to get ahead.