📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
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#XRP# XRP’s Ecosystem is About to Explode! 💥
For years, XRP has been held back by the SEC’s seemingly never-ending lawsuit against Ripple, and the relative lack of interoperability the XRP Ledger has had with other crypto ecosystems. Well, both of those shackles are now being cast off.
The agreement between the SEC and Ripple to finally bury the hatchet after years of litigation and untold millions in legal fees is big news. But, the really important developments are those happening with the XRPL, which could finally unlock the network’s massive potential and with it billions of dollars worth of liquidity. The realisation has come that XRP needs to be about more than cross-border payments - a successful cryptocurrency needs to support a lot more use cases than that.
So, in order to achieve this, EVM compatibility is needed - and the launch of the XRPL EVM sidechain is bringing just that. And that is precisely what we’re looking at in today’s video. We explain what this new sidechain is, look at what it’s going to make possible, and explore what it means for XRP and for crypto more broadly. Spoiler alert: it could be pretty darn bullish for all concerned.
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