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The Ethereum virtual machine (EVM)-Compatible sebovka XRP Ledger shows early traction signs between developers, with more than 1,400 intelligent contracts deployed only one week after starting.
7th July Peersyst confirmed Strong demand in a post stating that nearly 1,400 intelligent contracts began to live in the first week. At the time of printing, the total number of intelligent contracts on the platform was 1412.
A closer view of the network shows a growing wave of projects and business protocols carrying revenues, including versions Supportdeployment on the platform.
A modest user interaction
Although this level of contractual activity indicates interest, the rate of accepting the user seems to be measured.
Of the 1,2111 new accounts created by more than 80%, only a handful of registrations were seen during the first two days of starting.
Meanwhile, active accounts have generally remained below 150 since launching, indicating limited daily use despite the promising start of the developer.
However, market observers noted that the network, He developed Peersyst and built to bring an intelligent contractual function in the Ethereum style to the XRP book already asking Basics for a wider decentralized ecosystem within the undulating blockchain.
The power of XRPL EVM
From a technical point of view, XRPL EVM Sidechain works smoothly. The network has already processed over 1.12 million blocks with an average block time of only 5.66 seconds.
No pended transactions have been reported in the last 30 -minute period, indicating high permeability and low overload.
On the transaction queue, the network processed over 1,644 XRP transmissions. A total of 539 transactions have been processed over the last 24 hours, generating only 26.1 XRPs.
Meanwhile, the average cost of transactions is only 0.048 XRP, which strengthens the attraction of the chain as a low -cost blockchain friendly to developers.
Overall, the XRPL EVM activity remains relatively modest compared to Ethereum or Solan. However, its low fees, effective design and the growing base of contracts are built as a convincing option for builders investigating scalable intelligent contractual infrastructure.
