Ethereum Joins Cosmos Ecosystem Through New IBC Bridge

Interchain Labs has launched IBC Eureka, a bridge that connects Ethereum to the Cosmos ecosystem. This marks Ethereum’s entry into the Inter-Blockchain Communication (IBC) ecosystem, with future plans to expand to networks like Solana, Base, and Arbitrum. IBC Eureka reduces transfer costs from Ethereum to the Cosmos blockchain by under 1 USD, according to the platform.