
Shardeum Launches Exciting EVM Testnet for India's DApp Ecosystem
On October 2, 2025, Shardeum made waves in the cryptocurrency world with the launch of its EVM-compatible testnet, marking a significant step toward establishing a vibrant decentralized application (DApp) ecosystem in India. This groundbreaking initiative integrates Ethereum Virtual Machine (EVM) infrastructure, ensuring developers can quickly adapt and innovate.
Why This Matters: The Need for a DApp Ecosystem in India
India currently boasts over 50 million crypto exchange users, yet less than a fraction utilizes on-chain transactions. Shardeum’s mission aims to address this gap by creating a decentralized network accessible and affordable to all Indian users. Nischal Shetty, co-founder of Shardeum, emphasizes the urgency in developing a robust infrastructure that not only invites existing crypto enthusiasts but also encourages new users to join the digital revolution.
A Vision for Empowerment through Decentralization
As enrollment in cryptocurrency continues to climb globally, with the adoption rate surpassing 500 million, India presents one of the largest untapped markets for on-chain transactions. This was articulated by Shetty, who stated, "Shardeum is built with a goal to take decentralization to the masses and empower developers to create successful DApps for Indian users." This ambition showcases an understanding of the local market needs, striving to ensure that India's digital economy can thrive.
Token Redenomination: Making SHM More Accessible
As part of its initiative, Shardeum is also executing a redenomination of its native SHM token, which will transition from a supply of 250 million to 60 billion tokens. This change, which results in current holders seeing their balances multiplied by 240 times, aims to enhance divisibility and user-friendliness, aligning with Shardeum's goal of attracting and engaging more users.
Get Involved: Join the Revolution
For aspiring developers and entrepreneurs across India, Shardeum’s launch represents an exciting invitation to be part of a transformative movement. As more DApps emerge, there will be new opportunities for innovation and collaboration, catalyzing the growth of India's decentralized financial landscape.
Engage with the Shardeum community and explore how you can contribute to this pioneering project in India's digital frontier!
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