Cosmos Doubles Down on What It Does Best: Connecting Blockchains
2025-07-16 14:07:32
Main Idea
Cosmos has decided to halt its Ethereum Virtual Machine (EVM) platform launch to focus on multi-chain interoperability via its Inter-Blockchain Communication Protocol (IBC), while strengthening the Cosmos Hub's role in the Layer-1 services market.
Key Points
1. Cosmos paused its EVM launch plans after research and iteration, opting to continue delivering services through the IBC protocol.
2. The project's new strategy emphasizes multi-chain interoperability and enhancing the Cosmos Hub's position in the Layer-1 market.
3. Cosmos conducted a 6-month review in 2025, leading to organizational changes, including the formation of Inter-chain Labs and unifying the Cosmos Stack, Hub, and ecosystem under a single mandate.
4. The team aims to expand IBC's reach, starting with a direct connection to Ethereum.
5. ATOM, Cosmos' native cryptocurrency, saw a 31.5% price surge from its June low, reaching $4.6848 at the time of reporting.
Description
Cosmos has paused plans to launch an Ethereum Virtual Machine (EVM) platform. Research and iteration led Cosmos to abort its EVM launch plans. The Cosmos project will continue to deliver services via the IBC protocol. The team behind Cosmos, a decentralized network of interoperable blockchains, has announced it is pausing its plans to launch an Ethereum Virtual Machine (EVM) platform. In its latest blog post, the Cosmos team cited cost and potential impact on user experience as key reasons behin...
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