The Ethereum Virtual Machine (EVM) is set to play a significant role in the Cosmos ecosystem with the Interchain Foundation's (ICF) open-sourcing of evmOS, now known as Cosmos EVM. This initiative aims to provide a standard EVM implementation for Cosmos SDK-based chains, facilitating the integration of Ethereum smart contracts and liquidity. Barry Plunkett, co-CEO of Interchain Labs, emphasized that the goal is to create a seamless experience for developers wishing to extend functionality with Cosmos. While EVM technology has existed in Cosmos, its fragmented adoption has prompted this move. Previous forks and proprietary licenses had led to closed-source technologies, limiting accessibility. The ICF grant acknowledges the development work done thus far. A crucial question remains whether Cosmos Hub will launch its own EVM chain, as it evolves into a cross-chain liquidity router connecting various networks. This integration could potentially attract more users and liquidity to ATOM, enhancing its value in cross-chain settlements.

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