The modular blockchain platform, Celestia, known for its ability to separate consensus and data availability, has just closed its largest hackathon yet. Called ‘Mammothon,’ the event pulled together over 3,900 developers working on more than 100 different project submissions, a significant first for the network and a clear indication of its burgeoning developer ecosystem. Unlike many crypto hackathons that tend to feature DeFi clones or derivative applications, Mammothon stood out for its diversity and ambition. The projects showcased a wide array of use cases, ranging from journalism and cybersecurity to social networks and quirky onchain experiments. The event underscored Celestia’s

The post Celestia’s ‘Mammothon’ Showcases Next-Gen Web3 Innovation Beyond DeFi appeared first on The Merkle News.

Go to Source

Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term. 

Go to Source

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.

Go to Source

The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.

Go to Source

Eclipse aims to bring “Web2 scale to Web3” by combining the best of Ethereum security, Solana’s speed, and Celestia’s data storage capabilities.

Go to Source

Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.

Go to Source

Despite a significant drop of 80% from its all-time high (ATH), $TIA remains double its value since its initial listing. However, the token is facing concerns due to a looming token unlock, which could spark a market crisis. Key Figures : $TIA currently holds a circulating market cap of approximately $870 million, representing just 20% of its total supply. Its fully diluted market cap, reflecting the total token supply, is a substantial $4.4 billion, underscoring the large quantity of tokens that remain locked. Unlock Timeline : A major unlock event is scheduled for October 31, when 175 million $TIA tokens—about

The post $TIA Faces Major Unlock Event: Can It Survive The Incoming Supply Surge? appeared first on The Merkle News.

Go to Source

The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.

Go to Source

Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others.

Go to Source

Users will be able to earn restaking yield from layer-2 tokens on EigenDA.

Go to Source