XRPL EVM is a big advancement for the XRP Ledger ecosystem. The original XRPL has been around for years and is known for its low transaction costs and fast settlement.
XRPL EVM has become the main platform for decentralized apps and smart contracts that need more flexibility than the original XRPL. As the ecosystem has grown, so has the need for secure, production-grade account infrastructure, including smart accounts.
What Is XRPL EVM?
XRPL EVM is an Ethereum-compatible environment made for the XRP Ledger. Developers can use it to deploy Solidity contracts and EVM-based apps, taking advantage of XRPL's speed, efficiency, and liquidity. XRPL EVM combines features from Ethereum and Cosmos, extending the XRP Ledger.
XRPL EVM uses XRP as its native gas token. This keeps it in line with the original XRPL and means there's no need to wrap assets during EVM execution.
Technical Architecture: Where Cosmos and Ethereum Meet XRPL
Architecturally, XRPL EVM brings together three ecosystems:
- Ethereum, via full EVM compatibility and support for standard developer tooling like MetaMask, Hardhat, and Solidity
- Cosmos, by using the Cosmos SDK, which allows for modular design and interoperability
- XRPL, by anchoring execution to XRP as the native asset and using the wider XRP Ledger ecosystem
This setup allows XRPL EVM to work with other blockchains using cross-chain tools like Axelar. It supports both smart contracts and multi-chain apps and workflows.
Ecosystem Growth Since Mainnet
Since its mainnet launch, XRPL EVM has attracted infrastructure providers, tool developers, and application teams who want to build in the XRP ecosystem while keeping their familiar Ethereum development methods.
The chain has become a strong arena for:
- DeFi and on-chain financial applications
- Cross-chain protocols and liquidity routing
- Operational tooling for organizations managing on-chain assets
As XRPL EVM use grows, teams need more than smart contracts. They also need secure and flexible account infrastructure to manage treasuries, shared contract ownership, and coordinated actions.
Multisig Infrastructure on XRPL EVM, Deployed by Palmera
Palmera has deployed multisig infrastructure compatible with Safe on XRPL EVM, making smart account capabilities available as part of the network's production infrastructure.
Safe smart accounts are not just wallet software. In EVM ecosystems, they serve as core infrastructure for teams to manage protocol contracts, on-chain treasuries, and multi-party workflows.
To meet these needs, Palmera deployed multisig smart accounts on XRPL EVM. This lets teams use proven smart account technology instead of depending on single-key control or custom setups.
Multisig is commonly used for:
- Treasury and asset management
- Smart contract ownership and upgrades
- Multi-party approvals and governance workflows
Through Palmera's XRPL EVM interface, teams can:
- Create and manage Safe compatible multisig wallets on XRPL EVM
- Configure signer sets and approval thresholds
- Execute transactions with enforced multi-party authorization
This deployment is now part of XRPL EVM's infrastructure, helping teams as the ecosystem grows.
About Palmera
Palmera is a multisig infrastructure provider specializing in the deployment and operation of smart accounts compatible with Safe across EVM-compatible networks. Palmera supports blockchains with secure, production-ready multisig infrastructure for long-term on-chain operations.