Interoperability Unleashed: Cardano Soars with Milkomeda EVM Layer

• Cardano (ADA) has seen a 13.5% increase in price over the last seven days.
• Milkomeda Foundation is planning to make Cardano one of the largest Ethereum Virtual Machine (EVM) chains by user count as early as next month.
• This is made possible through the launch of Milkomeda C1 on mainnet, which allows ADA users to use EVM contracts directly from any Cardano wallet.

Cardano Price Rally

The price of Cardano (ADA) has seen a 13.5% increase over the last seven days, gaining attention and potential for further growth.

Milkomeda Foundation Plans

Developers at Milkomeda Foundation are planning to make Cardano one of the largest Ethereum Virtual Machine (EVM) chains by user count as early as next month with their project that introduces an EVM layer for the blockchain, allowing anyone with ADA to use EVM contracts directly from any Cardano wallet.

Inter-Blockchain Interoperability

Milkomeda promotes inter-blockchain interoperability and accessibility for developers at the layer-2 level, connecting several leading blockchains such as Cardano, Algorand, Polkadot and Solana together. This will enable non-EVM based cryptocurrencies to tap into the already large user base of Ethereum’s ecosystem through EVM based sidechains that offer Solidity smart contracting language compatibility.

Dapp Development on Cardano

The launch of Milkomeda C1 on mainnet will allow dapp developers from Ethereum Virtual Machine world to build their dapps on Cardano coded in Solidity so users can perform transactions seamlessly with ADA without having to bridge their tokens to another network.

On-Chain Gaming Powered By Paima Studios & Milkomedia

In addition, Cardano will become a powerhouse in on-chain gaming thanks to Paima Studios and Milkomedia since users will be able access all blockchain games hosted on other layer-1 blockchains without having to bridge their tokens elsewhere.