Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
XRPL's EVM Sidechain Achieves $120 Million TVL Milestone in a Historic Week

XRPL's EVM Sidechain Achieves $120 Million TVL Milestone in a Historic Week

Bitget-RWA2025/09/28 06:20
By:Coin World

- Ripple’s XRP Ledger (XRPL) is transforming via institutional adoption, tech upgrades, and partnerships after its 2025 SEC legal resolution. - The EVM sidechain launched in 2025 achieved $120M TVL within a week, enabling Ethereum-compatible smart contracts with XRPL’s speed and low costs. - Institutional collaborations with HSBC and Ondo Finance, plus five new stablecoins, expanded XRPL’s role in tokenizing real-world assets and global settlements. - Infrastructure upgrades, including a high-performance s

Ripple’s

Ledger (XRPL) is experiencing a significant transformation, fueled by increased institutional involvement, ongoing technological progress, and key alliances, as noted by David Schwartz, Ripple’s Chief Technology Officer. The conclusion of Ripple’s prolonged legal dispute with the U.S. Securities and Exchange Commission (SEC), expected in early 2025, has sparked heightened interest from institutions. This has led to the introduction of spot XRP exchange-traded funds (ETFs) by companies such as REX-Osprey and Grayscale Investments. With regulatory uncertainties resolved, XRP has emerged as a recognized asset class, paving the way for greater financial institution participation and rapid network growth Ripple’s Record Achievements With XRP Events In 2025 [ 1 ].

A major highlight in 2025 was the debut of the XRPL’s

Machine (EVM) sidechain, which brought Ethereum’s smart contract functionality to XRPL’s fast and cost-effective network. In just one week after launch, nearly 1,400 smart contracts went live on the mainnet, and the total value locked (TVL) soared to $120 million Ripple’s Record Achievements With XRP Events In 2025 [ 1 ]. This cross-chain compatibility has drawn both developers and liquidity providers, broadening the ledger’s role in decentralized finance (DeFi) and decentralized applications (dApps).

Strategic partnerships have further amplified XRPL’s impact. During the Apex 2025 summit, Ripple revealed collaborations with organizations such as

and Ondo Finance, which included the tokenization of U.S. Treasuries (OUSG) and the rollout of the first digital commercial paper (DCP) managed by Guggenheim Treasury Services on XRPL. These projects demonstrate the ledger’s capacity for real-world asset (RWA) tokenization and its ability to deliver institutional-grade financial solutions Apex 2025: A Turning Point for Institutional Adoption … [ 2 ]. The addition of five new stablecoins—USDC, XSGD, EURØP, RLUSD, and USDB—has also improved liquidity and settlement capabilities in international markets Apex 2025: A Turning Point for Institutional Adoption … [ 2 ].

Schwartz has made infrastructure improvements a priority, personally investing in a high-capacity server to enhance XRPL’s scalability. This move supports the ledger’s record-setting transaction activity, which saw 70 million transactions in July 2025 alone, along with the creation of over 1 million new accounts this year XRP Ledger Adoption Climbs With 1 Million New Users … [ 4 ]. Ripple’s DeFi strategy further strengthens this growth, featuring a native lending protocol (XLS-66), Multi-Purpose Tokens (MPTs) for advanced financial products, and Zero-Knowledge Proofs (ZKPs) to ensure transaction privacy. These innovations are designed to rival EVM-based chains in the RWA tokenization sector Ripple’s New DeFi Roadmap Renews Toolkit on XRPL [ 3 ].

Experts believe that XRPL’s current trajectory could lead to ongoing institutional engagement, especially if upcoming features such as permissioned decentralized exchanges (DEX) and sophisticated compliance mechanisms gain momentum. The ledger’s emphasis on programmability, in combination with its established partnerships and academic initiatives—like Ripple’s University Blockchain Research Initiative (UBRI)—positions it as a major force in the development of tokenized financial systems Apex 2025: A Turning Point for Institutional Adoption … [ 2 ]. Despite facing competition from EVM-compatible networks, XRPL’s distinctive mix of speed, regulatory compliance, and institutional alliances underscores its potential to reshape global payments and DeFi landscapes.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SEC Investigates Crypto Company Connected to Trump for Delayed Disclosures and Management Issues

- SEC investigates Alt5 Sigma over delayed CEO suspension disclosure and $1.5B token swap linked to Trump-backed World Liberty Financial. - Discrepancies in reporting a six-week delay in publicizing Peter Tessopoulos' suspension raise compliance concerns and triggered an 83% stock plunge. - Firm's ties to Eric Trump and $500M transfers to Trump-linked entities amplify scrutiny amid allegations of money laundering facilitation. - Executive dismissals without misconduct claims and governance turmoil highligh

Bitget-RWA2025/11/29 00:26
SEC Investigates Crypto Company Connected to Trump for Delayed Disclosures and Management Issues

Dogecoin News Today: Dogecoin ETFs Struggle to Boost Prices, Underscoring Difficulties in the Altcoin Market

- Dogecoin ETFs (BWOW, GDOG) failed to trigger price recovery, with GDOG's $1.4M day-one volume far below $12M forecasts. - Despite institutional interest in DOGE (7th-largest crypto at $22B), indirect exposure structures lack regulatory protections and face volatility risks. - Technical analysis shows DOGE forming bullish patterns near $0.15, but ETF-driven inflows remain insufficient to break $0.155 resistance. - Altcoin ETFs face uneven reception: Solana/XRP products outperformed DOGE, highlighting chal

Bitget-RWA2025/11/29 00:26
Dogecoin News Today: Dogecoin ETFs Struggle to Boost Prices, Underscoring Difficulties in the Altcoin Market

Uruguay’s Energy Challenges Disrupt Tether’s $500 Million Cryptocurrency Investment

- Tether abruptly ended its $500M Uruguay Bitcoin mining project due to unsustainable energy costs and uncompetitive tariffs. - The project, initially promoted as eco-friendly, faced $4.8M in unpaid bills and regulatory challenges. - The exit highlights risks for crypto miners in regions with volatile energy markets and uncertain policies. - Tether remains interested in Latin American green energy projects despite the Uruguay setback.

Bitget-RWA2025/11/29 00:08
Uruguay’s Energy Challenges Disrupt Tether’s $500 Million Cryptocurrency Investment

Solana News Update: Solana Experiences Sharp Price Drop, Yet Institutional Investments Reflect Confidence in Its Future

- A $239M whale transfer on Solana by Forward Industries to Fireblocks Custody highlights institutional confidence amid SOL's 53% price drop since January 2025. - Upexi's $23M private placement and 40% stock decline underscore crypto exposure risks as institutional Solana ETF inflows hit $420M in November. - CME's Dec 15 SOL/XRP futures launch and Fidelity's staking ETFs signal growing institutional adoption despite Solana's $77.4B market cap decline. - Whale activity and ETF trends suggest strategic long-

Bitget-RWA2025/11/29 00:08
Solana News Update: Solana Experiences Sharp Price Drop, Yet Institutional Investments Reflect Confidence in Its Future