Avalanche to Receive IBC-Enabled dApps from Cosmos (ATOM)


Cosmos Hub (ATOM), Avalanche (AVAX) and more than 100 IBC-enabled chains are set to benefit from interoperable connection thanks to the integration of the Inter-Blockchain Communication (IBC) protocol by the Avalanche subnet Landslide Network.

The Interchain Foundation (ICF) announced the development on Tuesday, October 31. Landslide will release a testnet on November 1.

The IBC light client on Avalanche, developed by Landslide in collaboration with software development firm Strangelove, will enable cross-chain communication. This will benefit both the Cosmos and Avalanche ecosystems, allowing IBC-compliant dApps to run seamlessly on the Avalanche network.

Today’s news saw the price of ATOM spike to $8.15, its highest level since August 15. AVAX traded to highs of $11.65 as bulls looked to hold onto gains seen since October 19.

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