The XRP Ledger (XRPL) is advancing uniquely as some of its latest innovations including the forthcoming Ethereum Virtual Machine (EVM) sidechain gaining new adoption features.
XRP Ledger and EasyA Collaboration
Ahead of the mainnet launch of the EVM Sidechain, Ripple Developers (RippleX ) have inked a collaboration with EasyA, a known hub for developers as it looks to enhance accessibility to the Ethereum sidechain.
EasyA has introduced a “60 days of XRPL” innovation as it seeks to open the XRP Ledger EVM Sidechain to its more than 750,000 developers. These innovators have affiliations with some of the best Universities in the world with locations in the United States of America, the United Kingdom, and Europe.
This partnership is pivotal to both ecosystems as the EasyA developers with funding from some of the best Venture Capital firms like Andreessen Horowitz (a16z) can develop applications on the XRP Ledger to serve different utilities that can be harnessed by the average user. The development of the applications with EasyA can be achieved through mobile phones, an innovative approach that sets the protocol aside.
The EasyA approach to EVM Sidechain app development will also come with learning opportunities that can lower the barrier to entry for both developers and users alike.
The XRP Ledger is innovating at a very fast pace to catch up with its peers. Since the Hooks upgrade that permitted smart contracts, the need for EVM integration has become important in achieving its ultimate goal of competing for dominance in the blockchain world.
With EasyA, a new level of convenience has been introduced that might aid the growth of XRP Ledger moving forward.
XRPL Past Innovation Integrations
Over the past year, the XRP Ledger has evolved at a very fast pace. While the EVM Sidechain remains one of the hottest topics in the ecosystem at this time, other protocols like the Xahau Sidechain and the Layer-2 scaling solution Evernode have also created a buzz that proves the XRPL might be onto something big.
Known to have one of the most loyal communities in the crypto world, the emergence of new chains and their diverse ecosystems might create a new value push that might increase demand for XRP and ultimately impact the price of the asset in the long run.
The current trends in XRP have shown a positive tilt that has sent bears to the background. The coin is changing hands for $0.5372, up 2.57% in the past 24 hours. While its market capitalization has grown by an equal rate to $29,211,841,522, the trading volume is up 72.16% to $868,645,958.
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