ethereum-compatible

ChainCatcher news, the XRPL EVM sidechain is now live on the mainnet, integrating Ethereum smart contracts into the XRP Ledger ecosystem, aiming to open up Ethereum-compatible decentralized application use cases for the XRP Ledger.It is reported that the XRPL EVM sidechain is a parallel-running blockchain that combines the low-cost transaction capabilities of the XRP Ledger with the smart contract functionalities of Ethereum.

ChainCatcher news, according to CoinDesk, Ripple announced at the APEX 2025 conference in Singapore that the EVM-compatible sidechain of the XRP Ledger (XRPL) will officially launch in the second quarter. Since the testnet of this sidechain started running at the beginning of the year, it has grown rapidly, with data from the development company Peersyst showing that 87 new entities have participated in the ecosystem 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 launch, users will be able to achieve yields through DeFi applications such as liquidity pools. Ripple's Product Director Jaazi Cooper stated that this could be the largest user onboarding in the history of the XRP ecosystem.

ChainCatcher news, according to The Block, sources revealed that the Ethereum-compatible Layer 1 blockchain Monad has begun a phased rollout of its testnet. Crypto trader Jordan Fish (also known as Cobie) wrote on the X platform: "I made a trade, it was very fast." Cobie later confirmed that his post was about the Monad testnet. Previously, Monad launched its development network in March, achieving 10,000 transactions per second in internal testing.

According to ChainCatcher news, the Russian state-owned commercial bank Sberbank is expected to launch an Ethereum-compatible DeFi platform before May, with testing opening in March. Konstantin Klimenko, product director of Sberbank's blockchain lab, stated that the platform will support usage through MetaMask. (Source link)