So, it seems the XRP Ledger (XRPL) is about to get a whole lot more interesting in 2025, and not just because it’s a leap year. According to the latest reports, the second quarter of 2025 is shaping up to be a cosmic carnival of technological wizardry, institutional adoption, and a whole lot of smart contracts. 🎉
The main events to watch out for include the XRPL EVM Sidechain’s mainnet launch, the introduction of native smart contracts via Extensions, and the Axelar interoperability network tie-up. It’s like a tech buffet, but with more blockchain and less regret. 🍽️
On March 31, 2025, the XRPL EVM Sidechain from Peersyst entered test mode after passing a security audit in February. This sidechain, built using Cosmos SDK and evmOS, is set to go live on the mainnet in Q2, making it compatible with all Ethereum Virtual Machine (EVM) contracts. In other words, Ethereum smart contracts can now be launched directly on a sidechain linked to the XRP Ledger via Axelar. Squid Router will let you send testnet XRP and other tokens between networks, and Grove will be the initial external RPC provider for these operations. It’s like a digital Swiss Army knife, but for blockchain. 🛠️
State of XRP Ledger Q1
Key Update: Ripple acquires global prime broker Hidden Road, positioning XRP Ledger for institutional adoption and expanded DeFi capabilities.
QoQ Metrics 📊
• Daily active addresses ⬆️ 142%
• Average daily CLOB volume ⬆️ 74%
• RLUSD market cap on XRPL…— Messari (@MessariCrypto) May 20, 2025
Meanwhile, the XRP Ledger is also working on adding native smart contracts. Instead of reinventing the wheel, they’re starting with Extensions, a new feature that allows developers to add code to existing XRPL tools. The next Extension, Smart Escrows, is slated for a Q3 2025 announcement, with a Smart Contract devnet expected in Q4. This is all part of XRPL’s grand plan to improve decentralized finance (DeFi) operations. 🤑
After launching its own DEX in November 2024, XRPL began a four-phase setup process. In Q2 2025, it will roll out advanced options on its DEX, including liquidity pools, token swaps, and more sophisticated orders. They’re also working on real-world asset (RWA) tokenization, because why not? 🌍
In February, Axelar announced that it will integrate XRP Ledger into its network during the second quarter of 2025. This means XRPL will connect with over 60 blockchain platforms, allowing users of Ethereum and Cosmos to access a vast array of DeFi services. With these changes, XRPL is poised to support more decentralized software and trading options, making it a force to be reckoned with in the blockchain universe. 🌠
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2025-05-20 23:49