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Cryptocurrency News Articles
Kadena Launches Chainweb EVM with 20 New EVM-Compatible Chains Expanding its Multi-Chain Network
Apr 03, 2025 at 09:03 pm
KADA, the industry leader in scalable blockchain technology, has announced Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network.
New York, New York, April 3rd, 2025, Chainwire
Kadena, the leading blockchain technology provider, is introducing Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network.
Chainweb EVM presents a decentralized alternative to Ethereum Layer 2s, offering near-zero gas fees, infinite scalability, and the energy-efficient security of Proof of Work. Kadena achieves high-throughput execution and processing through native parallelization for a unique approach to scaling. Its horizontally scalable network can add new chains to absorb demand fluctuations, which lessens the burden on a single chain, keeps block times short, and reduces gas fees.
Developers can deploy and scale dApps with Solidity smart contracts and leverage EVM tooling natively, all while benefiting from Kadena’s scalable, affordable, and decentralized Layer 1 infrastructure.
The Chainweb EVM initiative has seen interest from hundreds of builders who signed up for exclusive early access at ETHDenver, securing the first chance to deploy on-chain. This launch also marks Kadena’s $50 million in grants to support building on Chainweb EVM, tokenizing real-world assets, and AI development.
Stuart Popejoy, Kadena’s co-founder and CEO, had this to say about the vision for Chainweb EVM and his enthusiasm for its rollout.
“Spearheading this project alongside my co-founder, Will (Martino), has been the single biggest initiative at Kadena since its inception. We see Chainweb EVM as the long-lasting settlement platform for the world, from stock market trading to e-commerce payments. Our new chains will soon open what we have been building with Chainweb consensus to the EVM world. Solidity developers can now build with the security, efficiency, and cost-effectiveness of Kadena’s native parallel chains.”
About Kadena
Founded in the U.S. in 2016 by Stuart Popejoy and Will Martino – creators of J.P. Morgan’s first blockchain and leaders of the SEC’s Crypto Committee – Kadena delivers industry-leading performance as the only scalable Layer 1 Proof of Work blockchain. Kadena’s innovative approach combines energy efficiency with unmatched scalability, making it an ideal infrastructure for mass adoption. With its pioneering smart contract language Pact, Kadena offers tools for building secure, efficient, and developer-friendly blockchain applications that address real-world needs.
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