The launch has marked a significant interoperability milestone for the Cardano blockchain
As of recently, the rollout of the EVM-compatible layer-2 solution has been a major bullish catalyst for Cardano. The native ADA token has rallied over 32% over the past week, according to data provided by CoinMarketCap, outperforming other major altcoins.
According to the announcement, the first 10,000 addresses on the waitlist will be able to start interacting with Milkomeda from the get-go. The team plans to remove the waitlist “as soon as possible.” In order to be able to use Ethereum assets, users have to set up their MetaMask wallet with Milkomeda C1 and move their assets from the Cardano mainnet.
In the coming months, the Milkomeda Foundation will add support for Algorand and Solana, which will ensure broader interoperability.
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