The Cosmos cross-chain network has been growing steadily forth with the projects that run on tiptop of it, and information technology's just reached a milestone in terms of activity.

The Inter Blockchain Communication protocol (IBC), which is the backbone of the Cosmos ecosystem, has seen a surge in activity over the by month, with more 1 meg transfers logged.

Cosmos launched the IBC in March to enable cantankerous-chain decentralized finance and interoperable nonfungible token (NFT) transfers. Over the by vi months, information technology has grown substantially, onboarding new projects and blockchains into the ecosystem.

Other notable projects operating on the protocol include Terra, Band, Kava and THORChain'southward Chaosnet.

The Mapofzones Cosmos ecosystem explorer shows that there have been 1,071,132 transfers over the past 30 days and 45,738 transfers on IBC over the past 24 hours.

The Osmosis automated market place maker is responsible for the panthera leo's share of those IBC protocol transfers with 44% of the total, with the Creation bondage recording 307,855 transfers, or 29% of the IBC full, over the past 30 days.

The IBC standard provides a secure method of exchanging information betwixt independent blockchains while scaling through sharding and sidechains for various applications. Cosmos is just i network of many operating on the IBC protocol.

The digital nugget payments and wallet provider Crypto.com likewise runs on the Cosmos network. In late September, it launched its own NFT platform and market, which has driven further momentum.

Related: Cosmos-Based Interoperable DeFi Project Launches on Mainnet With BNB Collateral

In June, the Kava decentralized platform launched on Cosmos, enabling Binance Coin (BNB) deposits to collateralized loans in its USDX stablecoin.

Creation is also working on rollup scaling applied science to allow developers to build Creation-based blockchains as rollups that tin be deployed as clusters within the IBC zones. In a tweet on Wednesday, it explained that the scaling tech called Optimint would be a "drop-in replacement" for the current Tendermint framework that it is congenital on.

Creation has its ain native token chosen ATOM, which has fallen v.1% over the past 24 hours to trade at $35.39 according to CoinGecko. The token has made a solid 37% gain over the by month, however, and is just 19% down from its Sept. twenty all-fourth dimension high of $44.42.