XRP News Today: XRPL Adds EVM Compatibility Boosting XRP Utility 50%

The XRP Ledger (XRPL) has received a significant boost with the addition of compatibility with Ethereum Virtual Machine (EVM). According to blockchain analyst Pumpius, this upgrade expands the role of XRP across multiple blockchain sectors. Developers can now create decentralized applications using Ethereum-based tools directly on XRPL. These include DEXs, DeFi protocols, NFTs, and tokenized assets, but the native gas and base asset are XRP.

The alteration eliminates the need for developers to switch to other blockchains to gain better functionality. Innovation will no longer have to occur outside XRPL. For XRP holders, the update means increased token utility beyond payments. It can now enable smart contracts, cross-chain liquid swaps, real-world asset tokenization, and on-chain returns. Pumpius also highlighted new use cases involving biotech and data-driven systems. One example includes support for genomic data infrastructure on XRPL.

The XRPL EVM sidechain is now integrated with Axelar, enabling connections to over 50 other blockchains. This expands XRP’s ability to move between ecosystems like Ethereum, Cosmos, and others without friction. Such cross-chain flexibility strengthens XRPL’s appeal to institutions. Capital and data can now flow across different networks with XRP remaining at the center. Enterprise developers can deploy smart contracts and applications without relying on Ethereum infrastructure. XRP now supports enterprise-grade solutions while reducing the need for external chains. This positions XRPL as a scalable and accessible foundation for blockchain deployment. Institutional players can explore XRPL for finance, biotech, and data-focused use cases.

Pumpius described the upgrade as part of Ripple’s wider strategy for blockchain infrastructure. With the base layers now in place, attention will shift to liquidity, adoption, and network expansion. The modular structure of the new network enables expansion in several industries. Silently, Ripple has already established the foundations of cross-sector long-term integration. XRP can no longer be considered just a transactional coin, as it is now actively involved in a programmable multichain blockchain economy. This shift signals a long-term vision for XRPL as a central hub in blockchain development. To the holders, the token’s value is increasing even in the interconnected financial system.