EVM

London, UK, May 24th, 2024, Chainwire In a major development for the cryptocurrency industry, the SEC approved the first-ever Ethereum ETF today. This decision is seen by many as a potential turning point, ushering in a new bull cycle for crypto. With Ethereum paving the way for regulatory acceptance, all eyes are now on other leading projects like Solana. SolanaVM created L2's innovative solution that allows Ethereum dApps to leverage Solana's lightning-fast speed and minimal fees. This can play a…

The recent activation of the IOTA 2.0 public testnet sets the stage for the forthcoming mainnet launch tentatively scheduled for August this year. However, successful deployment hinges on completing the integration of the IOTA EVM, a crucial step in providing essential infrastructure support for IOTA 2.0. As the IOTA 2.0 public testnet goes live earlier this week, the team is now actively working on the launch of the IOTA 2.0 mainnet which shall happen tentatively by August this year, as…

SolanaVM – The first L2 project on Solana, about to launch! They are pioneering a parallelized Layer 2 solution for Solana – Solana Virtual Machine, which builds the bridge to make Ethereum based dApps run on Solana! The project SolanaVM has the potential to bring over $68B value worth protocols to build on Solana. This can play a huge role in coming bull run, as will significantly boost the whole Solana ecosystem and the activity of developers in Web3. At…

To increase the capabilities of its Layer 1 (L1) blockchain, the Sei Foundation has announced a governance proposal to upgrade Sei to Version 2. This proposed upgrade will reportedly introduce a “high-performance, parallelized” Ethereum Virtual Machine (EVM) to improve the network’s overall functionality. Sei Rolls Out Multi-Phase V2 Upgrade According to the announcement, the Sei V2 launch will be rolled out in three phases to minimize risk, set user expectations, and optimize network performance. “By rolling out Sei v2 in…

Ripple and Peersyst are developing the XRP Ledger EVM sidechain, which is currently in DevNet, using evmOS, a modular tech stack built on the Cosmos SDK. XRPL  joins the interchain, an ecosystem of over 90 interconnected blockchains and gains access to all Cosmos SDK chains, opening up access to hundreds of apps for XRP holders. Interoperability will be one of the critical factors that will determine the success of any blockchain network in the future; in this regard, the XRP…

The Cadia Coin project team is excited to announce the launch of their new project. This new ecosystem proposes a seamless crypto trading platform backed by innovative features and a wide roadmap.  With EVM compatibility, Cadia Coin offers new benefits for users seeking to get the best out of Web3 tech. Pioneering Features Cadia Coin boasts multiple groundbreaking features that set it apart from other digital currencies. Its notable scalability allows seamless trading and investment on the EVM chain. This…

The post Ripple and Evmos to Launch EVM Sidechain for XRPL appeared first on Coinpedia Fintech News Ripple has announced a collaboration with Evmos to create an EVM-compatible sidechain for the XRP Ledger (XRPL). Partnering with Peersyst, this project aims to integrate EVM applications into XRPL’s $27 billion ecosystem. The sidechain, built on the evmOS solution, will support native Web3 applications and provide access to over 60 Cosmos SDKs, IBC protocols, and more than 90 connected chains. Additionally, Evmos has…

IOTA EVM is edging closer to its debut, launching a new economy based on IOTA and bringing over $660 million in liquidity on-chain. The new EVM will heavily focus on tokenizing real-world assets, offering a regulated and cost-efficient environment for bringing trillions of dollars of assets on-chain. IOTA EVM is edging ever closer to launching, and the anticipation in the IOTA community is rising. The new EVM will awaken the sleeping $660 million beast and open up a world of…

EVM integration allows seamless interaction between IOTA and Ethereum-based applications, developers gain access to a wealth of tools and libraries. Alongside the EVM integration, IOTA is bolstering its infrastructure with new services for Oracle providers and global RPC nodes. The recent integration of the Ethereum Virtual Machine (EVM) into the IOTA ecosystem marks a significant milestone, unleashing a wave of innovation with far-reaching implications. With EVM integration, IOTA opens doors to seamless collaboration between its platform and Ethereum-based applications, facilitating…