TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s. Go to Source
Ethereum Layer 2
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Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid
The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors of zero-knowledge proofs publicly chastise the developer. Community Backlash Ends Matter Labs’ ZK … Read more
Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD
Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch. Go to Source
Linea blockchain halt highlights slow decentralization of Ethereum L2s
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future. Go to Source
Starknet launches $25M token incentive for top projects
This marks the first installment of Starknet’s Catalyst program, aiming to incentivize blockchain development on the network. Go to Source
3 signs Arbitrum price is poised for a new record high in Q2
Arbitrum is relatively cheaper versus its top Ethereum L2 rival, Optimism, which may lead to a rise in ARB price over the next few months. Go to Source Powered by WPeMatico
Decentralized apps on Polygon hit 37,000, rocketing 400% this year
It comes as the number of monthly active teams for the blockchain reached 11,800 in July, up from 8,000 in March. Go to Source Powered by WPeMatico
Ethereum’s L2 solution ‘Optimism’ rallies 300% in a month — will OP price gains sustain?
Optimism eyes an increase in adoption after the Merge upgrade triggers Ethereum’s “Rollup-Centric Roadmap.” Go to Source Powered by WPeMatico
Ethereum staking service Lido announces layer-two expansion
Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.” Go to Source Powered by WPeMatico
Vitalik shows support for Optimism’s governance structure and OP gas proposal
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance. Go to Source Powered by WPeMatico