RippleX Announces Major Update For XRP Ledger EVM Sidechain, Can This Trigger A Price Recovery

The XRP Ledger ecosystem is currently buzzing with new exciting developments that could potentially propel the price of XRP to new heights. RippleX, an extension of Ripple and an open developer platform has announced new updates for the upcoming XRP Ledger Ethereum Virtual Machine (EVM) sidechain.  XRPL EVM Sidechain Signals Hope For XRP Price Resurgence On Tuesday, RippleX released the latest developments and progress on the XRPL EVM Sidechain via an X (formerly Twitter) post. This significant update was shared by Peersyst Technology, a blockchain technology firm and an XRPL EVM developer.  Peersyst revealed on its official X handle that the XRPL ecosystem is getting closer to launching its highly anticipated sidechain. This advanced EVM sidechain is designed to bridge Web3 applications to XRPL and improve the functionality and scalability capabilities of the ledger.  Related Reading: Analysts Reveal Next Steps As Solana Corrects Hard After 1000% Rally Various 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 Led ..

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