In a major development, #Metamask users can now easily access #XRPledger with a single click. In a new tweet, Peersyst, the Ripple partner developing the $XRP
Ledger #EVM sidechain, announced the launch of XRP Ledger Snap for MetaMask. MetaMask Snaps are modular extensions that allow developers to extend the functionality of the MetaMask wallet.
This extensibility means that Metamask's 30 million monthly active users are now just one click away from creating an XRP Ledger account, creating a unique opportunity to accept and manage XRP Ledger assets in the Metamask crypto wallet.
XRP Ledger Snap will allow users to interact with XRP Ledger (#XRPL ) using their MetaMask wallets. Users will be able to manage XRP and other tokens on XRPL, execute transactions, and interact with XRPL-based decentralized applications (dApps) without leaving the MetaMask interface. Snap fills the gap between MetaMask and the XRP Ledger, bringing the benefits of XRPL to the popular Ethereum wallet.
Snap also includes all the current features available in XRPL mainnet and testnet and can be used by any dApp to connect and sign transactions. Other features include a web wallet that allows users to manage their XRP Ledger accounts, tokens and trust lines, and Transak on-ramp.
XRP Ledger compatibility at work
Ripple's engineering team is working closely with Peersyst to extend XRP Ledger interoperability through the XRPL EVM Sidechain, which will open new opportunities for XRPL developers in decentralized finance (DeFi) and real-world asset (RWA) tokenization, driving innovation and expanding the utility and reach of the network.
Connecting the XRPL EVM Sidechain to the XRPL mainnet will involve the use of a bridge, with the wrapped XRP (eXRP) serving as the native asset and gas token. This bridge facilitates the transfer of assets between XRPL and EVM Sidechain EVMs, ensuring interoperability.
The XRPL EVM Sidechain will be launched with Axelar acting as the exclusive bridge to the native sidechain gas token (eXRP) from XRPL. Axelar can also be used to bridge additional interoperable tokens to and from the main XRPL network, as well as from the more than 55 blockchains in the Axelar network.
