A new sidechain powered by the Cosmos SDK is live, marking a significant milestone in the XRP ecosystem. This project, developed in collaboration between RippleX, Axelar, Common Prefix, and Peersyst, brings together expertise to test and optimize the technology ahead of its mainnet launch. 🤝 The Ethereum Virtual Machine (EVM) sidechain offers new opportunities for developers and users alike, with easy access to XRP through a newly launched faucet and the Squidrouter Bridge. 🚀 This innovative bridge enables seamless transfer of XRP and other tokens between the main ledger and the EVM sidechain. Developers eager to explore the network’s capabilities can migrate their projects to the testnet for more realistic testing and fine-tuning. 👨💻 The team aims to ensure a smooth transition to the live network when it launches soon. This testnet phase is crucial to fine-tune performance, address any issues, and build confidence in the sidechain’s reliability. 🔎