Although the crypto money market is traded at low prices, developments on a project basis continue. In September, KAVA and these 6 altcoins will experience significant developments in September. These improvements include boosts, special programs, network upgrades like Merge, and events.
KAVA and these 6 altcoins will experience big developments in September
The developments we have compiled in this article are important for investors of KAVA and 6 other altcoins. Investors can anticipate price rises and falls by following these developments in advance. Thus, they can manage their funds. Now let’s take a look at the expected developments.
KAVA is ready for new launches
- Kava is preparing to launch 3 new launches in September. The first of these, the Kava 11 Mainnet launch, aims to grow the total value locked in the network (TVL). At launch, the KAVA network will support EVM KAVA assets on Lend and Mint. It will do this through liquid staking.
- Second, Blockchain will launch a bridge built with Ethereum, the world’s largest smart contract network. With the Ethereum bridge, ETH and ERC-20 assets will gain the advantage of migrating to Kava.
- Third, Kava will launch the KAVA Foundation. With this launch, Kava’s DAO will be completely separate from the Kava mint protocol and will be under the Foundation.
Ethereum Merge upgrade is coming
One of the most anticipated upgrades in the cryptocurrency market is Ethereum Merge. In fact, according to some analysts, Merge is among the biggest events in the history of cryptocurrencies. Merge will migrate Ethereum from a slow and energy-efficient Proof-of-Work mechanism to a fast and energy-efficient Proof-of-Stake. This will greatly increase the scalability of the network. cryptocoin.comAs we reported, Ethereum developers expect the upgrade to be completed on September 15.
Cosmos will be the scene of these developments
Cosmos will release the Lambda upgrade in September. Accordingly, the network will witness many changes in September, primarily improvement and security.
The EOS network will witness these updates in September
- Mandel 3.1 update
- Scalability and Blue Paper
- Yield and portal
- EVM initialization
- Recover and portal
- EVM product package
Secret releases mainnet upgrade
Secret will release its main upgrade, Shockwave Delta, on September 13 that will cause many changes to the network. With the upgrade, ComsWarm 1.0 will come and the developer experience will improve. However, the security and privacy of IBC chains will increase and SNIP-20 tokens will be available for transfer over IBC.
Mina Protocol focuses on zkApps
- Mina Blockchain is preparing to witness many developments. The first one is about zkApps. The network will release a special update for zkApp programmability.
- Mina’s zkBridge bridge will connect to EVM and Ethereum.
- However, investors interested in ZK will have the advantage of gaining access to the protocol’s consensus mechanism without logging into the Mina network.
- Mina will support the creation of non-native tokens similar to ERC-20 in-house.
- In addition, the protocol will launch a program to train and support developers who create zkApps.
COTI will make payment upgrades
- The release of the MultiDAG 2.0 upgrade will benefit the COTI network. Accordingly, developers will have the advantage of creating tokens with TrustChain. They will also be able to use these tokens on other networks with the COTI wallet.
- COTI will implement version 2.0 of COTI Pay Business, the wallet of the network. Thus, users will be able to use COTI tokens as a payment method in trade and retail transactions.
- The first of the tokens produced on MultiDAG will be the governance token for COTI. Accordingly, holders of COTI’s governance token will be able to participate in the management of the platform.
