Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin Macro Trend Oscillator shows when you can expect the price pin

2025-05-19

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

2025-05-19

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

    2025-05-19

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»RippleX Announces Major Update to XRP Ledger EVM Sidechain, Could This Trigger a Price Recovery?
Altcoins

RippleX Announces Major Update to XRP Ledger EVM Sidechain, Could This Trigger a Price Recovery?

2024-01-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The XRP ledger ecosystem is currently buzzing with new exciting developments that could potentially push the price of XRP to new heights. RippleX, an extension of Ripple and an open developer platform announced new updates for the upcoming XRP Ledger Ethereum Virtual Machine (EVM) sidechain.

XRPL EVM Sidechain Signals Hope for XRP Price Revival

On Tuesday, RippleX shared the latest developments and progress on the XRPL EVM sidechain via an X (formerly Twitter) message. This important update was shared by Peersyst Technology, a blockchain technology company and an XRPL EVM developer.

Peersyst revealed on its official X-handle that the XRPL ecosystem is getting closer to the launch of its highly anticipated sidechain. This advanced EVM sidechain is designed to bridge Web3 applications XRPL and improve the functionality and scalability capabilities of the ledger.

Several XRP enthusiasts, including Patrick L. Riley, the Chief Executive Officer (CEO) of Reaper Financial, remain optimistic about the launch and integration of the EVM sidechain into the XRP Ledger. In a December 2023 interview with crypto market analyst Zach Rector, Riley predicted that “XRP will surpass Bitcoin as the number one cryptocurrency.”

According to Peersyst, the RippleX developer team has officially published the XChainBridge public amendment. This revision is currently up for voting and has already secured seven out of 28 validator votes, marking a crucial step in the launch of the XRPL EVM sidechain.

The blockchain company also announced a second update on the XRPL EVM, stating that the sidechain has successfully undergone rigorous auditing procedures by Bishop Fox, a leading security solutions provider. An audit has also been carried out at a leading supplier, details of which will be announced shortly.

See also  Ethereum Losing Confidence as It Continues to Drop: More Downside for ETH Price?

In addition, the blockchain company shared updates on the progress of the EVM sidechain to Cosmos, a blockchain network that leverages the support of Evmos, a scalable, high-throughput Proof of Stake (PoS) blockchain. Peersyst announced that a new version of the bridge is being launched, allowing users to automatically connect any existing token in the EVM sidechain to the XRP ledger.

Other updates to the EVM sidechain include the introduction of a new user interface (UI) and the implementation of a Software Development Kit (SDK) for developers. Additionally, a better version of the Blockscout explorer is being developed, which promises faster inspections and explorations of transactions within the XRPL EVM blockchain.

XRP price chart from Tradingview.com (RippleX XRP Ledger EVM Sidechain)

XRP sees small rise to $0.51 | Source: XRPUSD on Tradingview.com

Could this trigger a price recovery?

The XRPL EVM emerges as a potential gamechanger for the price of XRP, introducing new updates that will improve transparency, security, and speed within the XRP Ledger. Since this is a positive development, it could lead to renewed interest in the underlying XRP token.

If this interest continues and eventually leads to more demand for the token, it could cause a price increase. At this point, the bulls will look to break the resistance, which has risen at $0.55 to signal a resumption of the rally.

While other altcoins have witnessed price increasesXRP has struggled to rise. It is currently trading at $0.51, having lost 9.63% in the past seven days, according to data from Coinmarketcap.

Featured image from Crypto News Flash, chart from Tradingview.comRipplex XRP EVM sidechain small

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

See also  Humanode Network announces integration with SubWallet to improve user experience

Source link

Announces EVM Ledger Major Price Recovery RippleX Sidechain trigger update XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Macro Trend Oscillator shows when you can expect the price pin

2025-05-19

Coinbase confirms Doj research after a major security incident

2025-05-19

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19
Add A Comment

Comments are closed.

Top Posts

DEXSPORT launches Cyber ​​February 2025 Promo for eSports and Crypto Gokfans

2025-01-31

XRP Price has a restart in mind: will the Bulls take the lead again?

2024-10-01

Solana: Breakout or Breakdown? Sol touches Make-Or-Break $ 145 level

2025-04-20
Editors Picks

Is Ethereum About to Test $4,000 Again? Analyst predicts 3x rally

2024-07-12

Bitcoin is still in a bull’s cycle, could hit $ 1.5 million by 2030 – Cathie Wood

2025-03-19

MVRV Flashes Warning for Bitcoin, Correction Coming?

2024-12-04

Bitcoin Oracle’s pre-halving proclamation is creating excitement

2024-02-04

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin Macro Trend Oscillator shows when you can expect the price pin

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,312.421.30%
  • ethereumEthereum(ETH)$2,535.894.47%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.400.42%
  • binancecoinBNB(BNB)$651.511.23%
  • solanaSolana(SOL)$169.631.07%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2275391.14%
  • cardanoCardano(ADA)$0.750.85%
  • tronTRON(TRX)$0.2668271.07%
  • suiSui(SUI)$3.902.58%
  • chainlinkChainlink(LINK)$16.013.79%
  • avalanche-2Avalanche(AVAX)$22.460.39%
  • hyperliquidHyperliquid(HYPE)$26.791.61%
  • stellarStellar(XLM)$0.287448-0.13%
  • shiba-inuShiba Inu(SHIB)$0.0000150.58%
  • hedera-hashgraphHedera(HBAR)$0.1955970.83%
  • unus-sed-leoUNUS SED LEO(LEO)$8.63-1.08%
  • bitcoin-cashBitcoin Cash(BCH)$396.71-0.57%
  • the-open-networkToncoin(TON)$3.04-1.12%
  • litecoinLitecoin(LTC)$99.010.11%
  • polkadotPolkadot(DOT)$4.640.07%
  • moneroMonero(XMR)$344.751.20%
  • bitget-tokenBitget Token(BGB)$5.241.42%
  • pepePepe(PEPE)$0.0000131.73%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.74-0.67%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$258.3716.11%
  • uniswapUniswap(UNI)$5.991.62%
  • bittensorBittensor(TAO)$415.690.07%
  • nearNEAR Protocol(NEAR)$2.811.86%
  • aptosAptos(APT)$5.233.32%
  • okbOKB(OKB)$52.38-0.64%
  • ondo-financeOndo(ONDO)$0.940.79%
  • kaspaKaspa(KAS)$0.108703-0.62%
  • ethereum-classicEthereum Classic(ETC)$18.622.45%
  • internet-computerInternet Computer(ICP)$5.251.57%
  • gatechain-tokenGateToken(GT)$21.56-0.25%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.910.02%
  • crypto-com-chainCronos(CRO)$0.096956-0.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.235331-0.29%
  • mantleMantle(MNT)$0.73-1.01%
  • vechainVeChain(VET)$0.0284340.90%
  • render-tokenRender(RENDER)$4.631.83%
  • ethenaEthena(ENA)$0.3781750.52%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2241631.01%
  • filecoinFilecoin(FIL)$2.891.94%
  • arbitrumArbitrum(ARB)$0.3943483.20%
  • bitcoinBitcoin(BTC)$106,312.421.30%
  • ethereumEthereum(ETH)$2,535.894.47%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.400.42%
  • binancecoinBNB(BNB)$651.511.23%
  • solanaSolana(SOL)$169.631.07%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2275391.14%
  • cardanoCardano(ADA)$0.750.85%
  • tronTRON(TRX)$0.2668271.07%
  • suiSui(SUI)$3.902.58%
  • chainlinkChainlink(LINK)$16.013.79%
  • avalanche-2Avalanche(AVAX)$22.460.39%
  • hyperliquidHyperliquid(HYPE)$26.791.61%
  • stellarStellar(XLM)$0.287448-0.13%
  • shiba-inuShiba Inu(SHIB)$0.0000150.58%
  • hedera-hashgraphHedera(HBAR)$0.1955970.83%
  • unus-sed-leoUNUS SED LEO(LEO)$8.63-1.08%
  • bitcoin-cashBitcoin Cash(BCH)$396.71-0.57%
  • the-open-networkToncoin(TON)$3.04-1.12%
  • litecoinLitecoin(LTC)$99.010.11%
  • polkadotPolkadot(DOT)$4.640.07%
  • moneroMonero(XMR)$344.751.20%
  • bitget-tokenBitget Token(BGB)$5.241.42%
  • pepePepe(PEPE)$0.0000131.73%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.74-0.67%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$258.3716.11%
  • uniswapUniswap(UNI)$5.991.62%
  • bittensorBittensor(TAO)$415.690.07%
  • nearNEAR Protocol(NEAR)$2.811.86%
  • aptosAptos(APT)$5.233.32%
  • okbOKB(OKB)$52.38-0.64%
  • ondo-financeOndo(ONDO)$0.940.79%
  • kaspaKaspa(KAS)$0.108703-0.62%
  • ethereum-classicEthereum Classic(ETC)$18.622.45%
  • internet-computerInternet Computer(ICP)$5.251.57%
  • gatechain-tokenGateToken(GT)$21.56-0.25%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.910.02%
  • crypto-com-chainCronos(CRO)$0.096956-0.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.235331-0.29%
  • mantleMantle(MNT)$0.73-1.01%
  • vechainVeChain(VET)$0.0284340.90%
  • render-tokenRender(RENDER)$4.631.83%
  • ethenaEthena(ENA)$0.3781750.52%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2241631.01%
  • filecoinFilecoin(FIL)$2.891.94%
  • arbitrumArbitrum(ARB)$0.3943483.20%