[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Tanjira PR [@TanjiraPr](/creator/twitter/TanjiraPr) on x XX followers Created: 2025-07-21 15:46:12 UTC In a bold move that’s turning heads, Cosmos has scrapped its plans for a Hub-native Ethereum Virtual Machine (EVM), redirecting its energy toward its core strength: Multi-chain interoperability. Announced in mid-July 2025, this pivot, reported by Blockworks, CoinDesk, and signals a seismic shift for the “Internet of Blockchains.” Why the change? Building an EVM was draining resources, with high costs and lukewarm interest from new developers, who are already flocking to giants like #Ethereum and BNB Chain. Instead, @cosmos is doubling down on its Inter-Blockchain Communication Protocol (IBC), aiming to connect chains seamlessly and empower sovereign Layer-1 ecosystems. This strategic refocus is already sparking excitement. Cosmos is now targeting institutional heavyweights like Japanese banks and stablecoin issuers leveraging IBC for secure data and asset transfers. Collaborations with SWIFT to build a SWIFT-to-IBC bridge highlight its ambition to dominate enterprise blockchain solutions. Interchain Labs is ensuring a smooth transition for developers, guiding them to platforms like Neutron while honoring prior funding commitments.  XX engagements  **Related Topics** [signals](/topic/signals) [coins interoperability](/topic/coins-interoperability) [coins energy](/topic/coins-energy) [virtual](/topic/virtual) [cosmos](/topic/cosmos) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/TanjiraPr/status/1947322223380869356)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Tanjira PR @TanjiraPr on x XX followers
Created: 2025-07-21 15:46:12 UTC
In a bold move that’s turning heads, Cosmos has scrapped its plans for a Hub-native Ethereum Virtual Machine (EVM), redirecting its energy toward its core strength:
Multi-chain interoperability.
Announced in mid-July 2025, this pivot, reported by Blockworks, CoinDesk, and signals a seismic shift for the “Internet of Blockchains.”
Why the change?
Building an EVM was draining resources, with high costs and lukewarm interest from new developers, who are already flocking to giants like #Ethereum and BNB Chain.
Instead, @cosmos is doubling down on its Inter-Blockchain Communication Protocol (IBC), aiming to connect chains seamlessly and empower sovereign Layer-1 ecosystems.
This strategic refocus is already sparking excitement.
Cosmos is now targeting institutional heavyweights like Japanese banks and stablecoin issuers leveraging IBC for secure data and asset transfers.
Collaborations with SWIFT to build a SWIFT-to-IBC bridge highlight its ambition to dominate enterprise blockchain solutions.
Interchain Labs is ensuring a smooth transition for developers, guiding them to platforms like Neutron while honoring prior funding commitments.
XX engagements
Related Topics signals coins interoperability coins energy virtual cosmos ethereum coins layer 1