Keplr, the leading Cosmos wallet, is adding support for Ethereum and its Layer 2 blockchains to enhance its multi-layer wallet solution for over a million monthly users.
In an effort to fortify its status as a multi-layer wallet solution, Keplr, the most widely used wallet application within the Cosmos blockchain ecosystem, is incorporating Ethereum and its Layer 2 blockchains.
Keplr, established in 2021 by Tony Yun and Josh Lee, has since become the most popular wallet application on Cosmos, with over one million users transacting each month.
The most recent integration is anticipated to enable users to observe and manage Ethereum-based assets directly within the Keplr interface.
The incorporation of Ethereum support with Keplr is anticipated to attract a broader user base, with a particular appeal to those who are active across Cosmos and chains that rely on execution environments such as the Ethereum Virtual Machine (EVM), according to Lee. It also intends to assist with emerging modular initiatives that employ both ecosystems.
“A significant number of Kepler users are currently utilizing both Kepler and an EVM wallet, and we are endeavoring to support them as a modular community that is on the rise,” Lee stated in an interview with The Block. Initia, Dymension, Saga, and Celestia are among the modular projects that have been developed using the Cosmos software framework, as Lee further elaborated.
These modular designs are founded on Cosmos. Wallets such as MetaMask may be necessary to utilize the various rollups that are typically EVM-based and deployed on top of these networks. Keplr intends to expand its user base by integrating EVM compatibility into its wallet to include users of such rollups.
“It is a logical progression for Keplr to provide them with support,” Lee noted.
The crypto wallet is expected to implement EVM support in beta within the next few weeks, although the timeline is still uncertain.
Lee delineated the technical aspects of incorporating EVM support into Kepler, which encompasses the utilization of EIP-6963 for multi-injected providers.
This will guarantee that Keplr can be utilized concurrently without disrupting wallet usage patterns or requiring users to transition between wallets.
He elaborated that Kepler’s initial objective was to develop a multi-chain, cross-chain wallet and that the EVM integration is a critical step in that direction.
He further stated that the EVM support is designed to benefit current Kepler users who also use EVM wallets, rather than to compete with MetaMask.
