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news-imageApril 1, 2025

Ethereum-Compatible Sidechain for XRP Ledger Now Live on Testnet

Peersyst Technology has officially launched the testnet for its Ethereum Virtual Machine (EVM)-compatible sidechain on the XRP Ledger (XRPL), marking a major step toward expanding decentralized finance (DeFi) within the XRP ecosystem. Developed in collaboration with RippleX, blockchain interoperability platform Axelar Network, and blockchain science firm Common Prefix, the sidechain aims to combine XRPLs speed and low fees with Ethereums smart contract capabilities.
Publisher: Tokenpost
Sentiment: Positive
XRP

More News Articles

Neutral
cover-imageCoinPedia
April 2, 2025

Ripple Locks 700M XRP in Escrow, XRP Price Dips 1.87%

As per a latest tweet from Whale Alert, Ripple has locked 700 million XRP tokens in escrow. As part of its regular escrow program, Ripple releases 1 billion XRP each month to keep the token supply predictable. These released tokens are used for institutional sales, operational costs, and other purposes.

Negative
cover-imageUToday
April 2, 2025

XRP to Lose $2 in 24 Hours?

XRP is on thin ice while moving around $2.07, down around 3% for the day once again and clearly facing some issues that might trigger a move below $2. The downward volume is also moving up, which means that bears are ready to increase the selling pressure on the market and push XRP even lower.

Positive
cover-imageBenzinga
April 1, 2025

Bitcoin, Ethereum, XRP, Dogecoin Surge As Trader Eyes $88,000 For BTC To Touch 'New Higher High'

Cryptocurrency markets are trading higher on Tuesday as attention turns to President Trump's tariff announcements on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,082.96 +2% Ethereum (CRYPTO: ETH) $1,905.15 +3.3% Solana (CRYPTO: SOL) $126.83 +0.6% XRP (CRYPTO: XRP) $2.13 +0.6% Dogecoin (CRYPTO: DOGE) $0.1720 +2.6% Shiba Inu (CRYPTO: SHIB) $0.00001274 +1.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 79.5% and daily active addresses up by 29.5%.

Negative
cover-imageCoinPedia
April 1, 2025

XRP's Worst-Case Scenario Could See a Drop to $0.30

XRP holders are finding themselves at a crossroads as recent market trends raise questions about the cryptocurrency's near-term future. After a strong bullish run, XRP has hit a rough patch, with technical indicators suggesting the possibility of further declines.

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