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  • 5/21/2025
Wondering what happened to the X-chain bridge amendment? It doesn’t seem likely to pass at this point, and here’s why: Axelar is already bridging the gap between the EVM sidechain (Ethereum Virtual Machine) and the XRPL sidechain, providing interoperability between smart contracts and the main net. This connection is especially important when you consider the integration between Onyx, JP Morgan, and XRPL's main net. With Axelar's role in this space, its token could be worth keeping an eye on due to the potential volume (not financial advice!). As hooks eventually migrate to the main net, the X-chain bridge amendment seems like it might fade away.
Transcript
00:00Whatever happened to the X-Chain bridge amendment? Is it going to get passed?
00:04At this point, it doesn't seem likely, and the main reason for that is that Axelar provides a bridge between the EVM sidechain,
00:11which is the Ethereum virtual machine, and the smart contracts that are built out on that network for the sidechain on the XRPL, and the mainnet.
00:19So Axelar and their token probably ends up, can't provide you financial advice, but maybe being a good investment.
00:27Because of the volume, we have interoperability there between Onyx and JPMorgan and their system and the mainnet of the XRPL.
00:34So because of those reasons, and I think the eventual migration of hooks to the mainnet,
00:40the X-Chain bridge seems to be like it's going to be an amendment that just falls to the wayside and does not get passed on the XRPL.

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