EXCLUSIVE: Cosmos\' Keplr wallet to add EVM support in bid to serve modular community

The fusion of Keplr with EVM aims to expand the wallet's user base and enhance its multi-layer features.

Keplr, a renowned Cosmos wallet, is set to integrate EVM support in its latest beta version, slated to go live in a few weeks. This integration will be coupled with the Ethereum Improvement Proposal (EIP) 6963 for “multi-injected provider discovery.” The integration will enable users to concurrently manage their Keplr wallet and Ethereum assets without the need to switch between multiple wallets.

In an exclusive interview with The Block, Josh Lee, co-founder of Keplr, highlighted their vision of building a cross-chain and multi-chain wallet, aiming to enhance the user experience for Keplr users who also hold EVM assets. “A big percentage of Keplr users are now both using Keplr and an EVM wallet, and we’re trying to serve them as the kind of up-and-coming modular community,” said Lee. “It’s a natural progression for Keplr to support them.”

Presently, Keplr supports Cosmos’ native token ATOM and other tokens hosted by the Cosmos chain, including Kava (KAVA), Terra (LUNA), Terra Classic (LUNC), Akash Network (AKASH), Celestia (TIA), and ZetaChain (ZETA).

The integration of EVM support in Keplr will further expand the wallet's user base and bolster its multi-layer capabilities. Additionally, it will aid in bridging emerging modular projects within the Ethereum and Cosmos chains.

Meanwhile, ATOM slightly fell in response to the big announcement by the Cosmos wallet. At press time, the token is valued at $6.32, having faced a 2% decrease in its price. This occurs as 137% more ATOM tokens moved between wallets, amounting to $191.87 million.

In the one-week chart, Cosmos has seen a loss of 6%, followed by another 6% decrease in the one-month span and over 32% in the one-year range.

In contrast to Cosmos, another crypto asset hosted by Cosmos and supported by Keplr, TIA, emerged as one of the biggest gainers at the start of this work week. The Celestia token began Monday at a low of $6.36, reaching a high of $7.63 before settling at $7.30 at the time of writing — still around 11% higher than yesterday.

After kicking off the week with a low of $6.36, TIA managed to rebound by 11% in the weekly chart, 16% in the one-month reading, and 246% in the one-year bracket. Notably, besides the bullish momentum of Bitcoin (BTC), which renewed optimism in the crypto market, the sudden increase in long positions within TIA after a long period of decline in its value fueled this resurgence.

The above is the detailed content of EXCLUSIVE: Cosmos\' Keplr wallet to add EVM support in bid to serve modular community. For more information, please follow other related articles on the PHP Chinese website!