Ripple to Shift XRPL EVM Sidechain from XLS38D to Axelar Bridge in 2022

Ripple has announced a significant shift in plans for the XRPL EVM Sidechain, moving from the XLS38D bridge to the Axelar bridge.
Launching the XRPL EVM Sidechain This Year
This change is in preparation for the upcoming launch of the XRPL EVM Sidechain. In a recent announcement, Ripple revealed that the transition to the Axelar bridge, in partnership with Peersyst, is scheduled for later this year.
The decision to switch to Axelar was made due to the increasing need for a more efficient and robust bridge solution. Ripple’s team recognizes that the future of the blockchain industry involves interconnected multi-chain ecosystems.
Ripple’s CTO, David Schwartz, highlighted this shift during the XRPL Apex summit. Peersyst is committed to swiftly executing this transition, with the goal of launching the EVM Sidechain after integrating with the Axelar Network.
Moving from XLS38D to Axelar Bridge
While XLS38D was initially considered for the XRPL EVM Sidechain, its complex token transfer process presented challenges. By focusing solely on Axelar, Ripple aims to simplify operations and address these complexities. Ripple plans to evaluate the adoption and engagement with XLS38D over the next year, taking community feedback into account.
The introduction of the XRPL EVM Sidechain presents new opportunities for developers in decentralized finance (DeFi) and real-world asset tokenization. This initiative aims to improve the functionality and accessibility of the XRP Ledger (XRPL).
According to the announcement, integrating the XRPL EVM Sidechain with the mainnet will involve using a bridge with wrapped XRP (eXRP) as the primary asset and gas token. This bridge is designed to enable seamless interoperability and optimize transaction processing between XRPL and the EVM Sidechain.
The XRPL EVM Sidechain will rely on Axelar as the main bridge for acquiring eXRP from XRPL. Additionally, Axelar will facilitate the transfer of other tokens between XRPL and over 55 blockchains in its ecosystem. The decentralized structure of Axelar’s bridge, managed by a network of validators, ensures a secure and reliable infrastructure.
Ferran Prat, CEO of Peersyst, emphasized Axelar’s readiness and compatibility in integrating eXRP into the XRPL EVM Sidechain. Currently, the Peersyst team is working on transitioning the primary bridge to Axelar for the development network.
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