According to a report by Jinse Finance, Ripple announced at the APEX 2025 conference in Singapore that the EVM-compatible sidechain of the XRP Ledger (XRPL) will officially launch in Q2. Since the testnet began operating at the beginning of the year, it has grown rapidly, with data from the development company Peersyst showing that 87 new entities have participated in the ecosystem's development, covering areas such as infrastructure, application development, and user growth. EVM compatibility will enable the sidechain to seamlessly run Ethereum-based decentralized applications and smart contracts. After the mainnet launch, users will be able to achieve returns through DeFi applications such as liquidity pools.