According to reports from Wu, the Cosmos team announced the suspension of plans to launch the EVM platform on the Cosmos Hub and will reassess the relevant path. The team pointed out that the cost of building the VM is high and affects user experience, which is inconsistent with the core advantages of the Cosmos multi-chain interconnected ecosystem. In the future, they will focus on providing services through IBC and strengthening the Hub's role in the L1 service market.