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Cosmos It appears as the largest scalability engine Cryptographic ecosystemsthe catalyst for predicted innovation Sovereign EVM Day It was held in Cannes on June 30th.
The event brings together over 18 major teams from the blockchain sector and provides an overview of the solutions that are redefineing defiinteroperability, and cross-chain productivity Financial assets.
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Cosmos Roadmap: New Levels of Scalability for Defi and Crypto
Interchain Labs co-CEOs Barry Plunkett and Maghnus Mareneck Cosmos Growth Roadmap Debut with Cosmos EVM.
This solution represents the first Fully integrated layer 1 stack with EVMhas already been adopted by major entities such as Ripple, TAC, Babylon, and more.
The focus of the presentation is on Cosmos’ ability to provide maximum flexibility and control for developers, allowing them to design Sovereign Blockchain A highly interoperable EVM distributed application (DAPP).
Cosmos EVM Connect directly Ethereum And thank you for the upgrade IBC (Blockchain Inter-Blockchain Communication)will soon be expanded to Layer 2 and Solana.
This step lays the foundation for systems in which COSMOS acts as a key hub for financial assets, tokenization (RWAS), institutions, and multichine applications, facilitating the creation of interconnected, productive networks.
In the main speech, Luke JudgeDirector of Ripple, and Ferran TorresPeersyst CEO has announced the milestone. XPL EVM Sidechain main netwas developed in Cosmos SDK.
This integration allows Ripple to enable advanced defi functionality in the XRP ecosystem. $127 billionOpens vast areas of new financial applications.
The important aspects are more relevant 6 million XRP usersnow has access to barrier-free applications based on both XRP, EVM, and COSMOS. IBC Protocol.
This makes Ripple Blockchain extremely attractive for projects seeking interoperability and cross-chain access.
During the course of work, stride The team shows the impact of the IBC revolution on distributed finance thanks to future launches. Dex Stride.
New decentralized exchanges supported by the Interchain Foundation allow transactions across multiple blockchains, and Deep fluidity IBC Eureka strengthening.
Expansion of TON in the TAC and EVM ecosystem
As a result, the stride shapes a Concrete and high performance multichine experienceenabling efficient routing of numerous assets between IBC, Ethereum, Solana, Bitcoin, and other important chains.
This approach promotes the vision of a defi is really a cross chainwhich allows exchanges and financial opportunities to be accessed without restrictions, supporting new forms of interoperable assets growth and on-chain productivity.
Marco Monacopresented by the co-founder of TAC TAC The EVM layer extends the capabilities of the blockchain, TON and Telegram ecosystems.
The innovative aspect of TAC solutions is Native integration in telegrams: This allows for defi applications directly within popular messaging platforms.
Over 1 Billion Telegram Usersthe new EVM layer provides access to distributed apps without leaving your wallet or main app.
Additionally, TAC allows for connections to hundreds of blockchains, including Ethereum, and always uses the interchain protocol IBC, making Defi and the mainstream user experience closer.
The existence of Sovereign EVM Day A team like starknet, polygon, Babylon, Panteraand Any/and sunburn It shows the growing interest in the crypto sector for interoperable and scalable stacks.
During panels and technical deep dive sessions, experts share concrete solutions aimed at reducing entry barriers between blockchains, increasing competitive advantage Cross Ecosystem approach.
The event was held at Hotel Bell Plage in Cannes. Sovereign SeriesCreate a global conference and discussion space dedicated to exploring the frontiers of Web3 At the intersection of all chains.
The new paradigm of the cosmos and blockchain internet
Last comment by Barry Plunkett It summarises a shared vision. “Millions of people, from telegrams to XRP, have access to EVMs right away. Multi-Chine The universe world.
Sovereign EVM Day has realized the vision of the blockchain internet, where innovative projects can build new formats today Interoperable production assets. ”
Connections between ecosystemsEnabling it through the IBC protocol, it opens cross-chain development scenarios on a large scale, not just Defi, but also traditional assets, financial institutions, and real-world utilities.
Sovereign EVM Day Marked a historic milestone on a journey to true interoperability among key people Cryptographic ecosystems.
Cosmos It will recognize its status as a key player in the evolution of cross-chain technology and serve as a dating point for developers, institutions, and users interested in taking full advantage of the possibilities of Defi and Native and Tokenized Financial assets.
Future infrastructure Cosmos EVM Expansion with IBC It represents the foundations of a more connected, efficient, and accessible ecosystem towards new layers and blockchains.
The opportunities and democratization of financial tools currently out of reach, suggesting an ever-expanding scenario for those looking to build or invest in the future. Web3.