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Ripple
will pay a $125 million fine to the SEC within 2 days.

The XRP community is awaiting a major announcement this week!

🔥Some updates for Ripple

- Ripple also announced plans to launch the XRPL sidechain in early 2025. This sidechain will bring Ethereum Virtual Machine (EVM) compatibility, expanding the ecosystem's appeal by allowing the use of familiar tools and languages.

- The XRPL EVM Sidechain will leverage Axelar for cross-chain transactions, integrating XRP Ledger features with EVM smart contracts. This setup will enable dApps to effectively utilize both ecosystems.

- With the new smart contract capability, XRP Ledger will support various applications including NFT, AMM, and DEX.

- Ripple is also developing Multi-Purpose Tokens (MPTs), which will provide new functionalities such as metadata storage and support for institutional DeFi use cases.
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