The Ethereum Virtual Machine-compatible sidechain of the XRP Ledger shows early developer traction with over 1,400 smart contracts deployed shortly after launch.
The XRP Ledger's EVM-compatible sidechain has seen significant early activity, with 1,412 smart contracts deployed within the first week. Despite this developer interest, user adoption remains modest, with active accounts below 150 since launch. The network has processed over 1.12 million blocks and handled 1,644 XRP transfers, indicating efficient performance and low transaction costs.