Cosmos developers bring IBC to Ethereum in landmark interoperability test

Source Cryptopolitan

Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.

According to Maghnus Mareneck, co-CEO of Interchain Labs, Cosmos developers have successfully tested IBC transactions between Cosmos Hub and Ethereum in an apparent effort to enhance native token interoperability.

The development is a component of the upcoming Eureka upgrade for IBC by teams, including Interchain Labs, and is planned for release as part of IBC-go v10 this year.

Cosmos developers aim to establish the IBC protocol as the global standard for blockchain communication

A standardized protocol, Inter-Blockchain Communication (IBC), allows separate blockchains to communicate with one another and exchange data and assets without any problems. Light clients and relayers are used to achieve this.

Notably, Cosmos developers have been attempting to integrate the IBC protocol into Ethereum, an essential part of the Cosmos ecosystem.

The inclusion of other major networks like Ethereum and Solana builds upon the developers’ vision of developing IBC into a universal standard for blockchain communication by expanding its reach beyond Cosmos.

Therefore, the first step would be linking Ethereum to the Cosmos’ central chain, Hub.

According to Cosmos developers, growing IBC could result in new opportunities for decentralized finance and cross-chain applications.

Other development initiatives are underway to incorporate IBC into Ethereum through specialized projects like Polymer, Picasso, and Union.

Cosmos positions itself as a coordinating layer amid optimistic investor sentiment

On March 13, 2025, the IBC Eureka Town Hall took place as prominent speakers discussed the future of Cosmos Hub and the Inter-Blockchain Communication (IBC) protocol.

The event aimed to draw investors hoping for growth because those subjects were set to provide crucial insights and advancements for Cosmos, which could raise the price of ATOM.

Moreover, new updates about Cosmos as a coordination layer may positively affect investor sentiment. 

However, the announcements’ final impact on price will rely on how well they meet or surpass expectations. Therefore, analysts advise investors to always look for important news.

EVM’s availability on several blockchains has led to its widespread adoption as a smart contract standard 

The Interchain Foundation helped make Evmos, a canonical EVM framework for Cosmos’ multi-chain ecosystem with more than 200 app chains, publicly available.

Originally created as part of the Evmos project, the foundation says that this framework will now be maintained as Cosmos EVM within the official Interchain software stack, which includes the Cosmos SDK.

The Cosmos ecosystem now offers a standardized version of Ethereum Virtual Machine (EVM).

To achieve full EVM compatibility, including support for JSON-RPC and Ethereum wallets, Cosmos blockchains can now integrate Cosmos EVM through a lightweight EVM configuration for native ERC-20 tokens.

Through the use of the Inter-Blockchain Communication protocol, the integration improves Cosmos’s compatibility with the wider EVM ecosystem across chains.

According to the project, co-founder Federico Kunze Küllmer will continue to advise the Interchain Foundation on the interoperability and modular architecture of Cosmos EVM. Still, he will no longer be a key contributor to Evmos.

Furthermore, Kunze Küllmer’s company, Altiplanic, the primary developer of the Evmos codebase, which earlier contributed to the project, will no longer do so.

Evmos, originally known as Ethermint, was first conceived in 2016 and launched as a Cosmos-based chain on the mainnet in 2022 to bring EVM to the Cosmos ecosystem. That same year, Polychain Capital led a token sale round in which its developers raised $27 million.

EVM has emerged as the most popular smart contract standard since the beginning of this decade and is currently present on several blockchains that seek to emulate Ethereum’s popularity.

Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
Sep 14, Mon
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
placeholder
Gold falls below $4,300 as higher US yields bolster Fed rate hike betsGold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
Author  FXStreet
Yesterday 01: 23
Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
placeholder
【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve beginsThe 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
Author  Irene Q.
Yesterday 08: 16
The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
placeholder
Silver breaks $64 as precious metals rebound — can gold hold the $4,280 line into the Fed decision?Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.
Author  Suzie
7 hours ago
Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.
placeholder
Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for cryptoThe US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
Author  Suzie
7 hours ago
The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
goTop
quote