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layer 1
The Protocol: Bitcoin Bridged Trustlessly to L2; Ethereum's Blob Mob
Also: Avalanche's big upgrade; rollups welcome Beam Chain
DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid
The token sale will take place on August 7.
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain
The upcoming layer-1 takes a hands-on approach to ensuring project security.
Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
The stablecoin is backed 1:1 and can be staked on the Flare blockchain.
Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund
ZIGChain's ecosystem fund is backed by DWF Labs.
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
The company is looking to offer an Ethereum-compatible environment that's faster than the original.
Breaking Down Internet Computer's 40% Rally
Layer 1 Smart Contract Platform Internet Computer (ICP) gained 40% in the past week to a market cap above $8.8 billion. This comes after DFINITY Foundation founder Dominic Williams shared a video demonstrating an AI model running fully on a blockchain within a smart contract. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
Canto will remain a Cosmos layer 1 network rather than shift to the Ethereum ecosystem, as previously announced. Its new Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
