Keplr, the most popular wallet app on the Cosmos blockchain, is integrating support for Ethereum and its Layer 2 blockchains. This move aims to strengthen its position as a multi-Layer 1 wallet solution.
Points
- Keplr is integrating Ethereum support to broaden its user base.
- The integration targets users active in both Cosmos and Ethereum ecosystems.
- EVM support will enable users to manage Ethereum-based assets within Keplr.
- The integration is expected to attract users from modular projects.
Keplr, developed by Tony Yun and Josh Lee in 2021, has rapidly grown to become the leading wallet app in the Cosmos blockchain ecosystem, boasting over a million transacting users each month. The upcoming integration of Ethereum support aims to enhance Keplr’s functionality as a comprehensive multi-Layer 1 wallet.
Josh Lee highlighted the significance of this integration, emphasizing its potential to draw users who are active across both Cosmos and Ethereum-based chains. This move is particularly appealing to users involved in modular projects that leverage both ecosystems.
Lee explained, “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.” This integration is expected to simplify the user experience by eliminating the need to switch between different wallets.
The EVM support will be rolled out in beta within a few weeks, although the timeline is tentative. The technical aspects of this integration involve utilizing EIP-6963 for multi-injected providers, ensuring seamless usage across different wallets without disrupting existing patterns.
Initially, Keplr focused on building a cross-chain, multi-chain wallet. The addition of EVM support aligns with this goal and serves Keplr users who also use EVM wallets, without directly competing with established wallets like MetaMask.
Keplr’s expansion reflects a broader trend in the blockchain industry toward interoperability and user-friendly solutions that cater to diverse blockchain environments.
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Explanation
- Keplr’s integration of Ethereum support is a strategic move to enhance its appeal and functionality.
- The modular community benefits from the ability to manage assets across multiple blockchain ecosystems.
- Technical solutions like EIP-6963 facilitate smooth user experiences and interoperability.