Cronos has partnered with Caldera to leverage rollup technology for enhancing blockchain scalability. Cronos, a leading EVM-compatible blockchain built on the Cosmos SDK, has announced the successful deployment of Caldera's optimistic layer 2 (L2) rollup solution on its mainnet.

This integration will enable developers building on the Cronos network to access on-demand L2 rollups for scaling their decentralized applications in areas like gaming, DeFi, and NFTs. Cronos aims to create a highly scalable and carbon-neutral ecosystem supported by players like Crypto.com.

Cronos Labs had been collaborating with Caldera since April 2022 to test and integrate their rollup tech. Extensive testing involving over 200,000 transactions of different types like token transfers, smart contracts, and NFTs was conducted successfully with 100% accuracy. Notably, the average transaction cost was just 0.02 CRO ($0.0001), making it 50 times cheaper than standard Cronos transactions through batched execution on L1 every 20 minutes.

This scaling solution has piqued the interest of traders who are watching how it may impact the price of the CRO token, currently around $0.056 with a $1.4 billion market cap.

Ken Timsit, Managing Director of Cronos Labs, highlighted that L2 rollups are a crucial part of their scaling roadmap, enabling optimized node performance, faster blocktimes, and increased throughput. He credited Caldera for their assistance in achieving low transaction costs and high transaction finality.