43.19K
161.57K
2024-06-28 10:00:00 ~ 2024-07-30 09:30:00
2024-07-30 14:00:00
Total supply3.33B
Resources
Introduction
Layer3 is a platform that enables anyone to discover crypto. The platform curates unique, interactive on-chain experiences (Quests) that allow anyone—regardless of skill level—to explore the magic of crypto technology.
Original Author: @shmula Translated by: zhouzhou, BlockBeats Editor's Note: This article discusses Ethereum's role in the development of technologies such as Rollup, L2, and L3. As projects launch their own chains through Rollup as a Service (RaaS), the team's focus is shifting towards product, users, and tokens, rather than aligning with Ethereum. The author uses the metaphor of the "abandoned mother" to describe how Ethereum is gradually becoming the "mother" of projects that are deviating from it, with ETH as an asset being diluted in this process. The author asks: If Ethereum does not want to become this kind of "mother," how should it respond to this change? Below is the original content (restructured for readability): The Ethereum community has spent a lot of time discussing whether Rollup, L2, and L3 have extracted value from Ethereum L1. In the past 24 hours, @ameensol, @haydenzadams, @wmougayar, @siobh_eth, @TrustlessState, and others have been deeply involved in this discussion. My perspective is: Any behavior that moves transactions and activity away from Ethereum L1 fundamentally constitutes a form of value extraction. This is not necessarily a bad thing. But I believe that, in the long run, it will indeed impact the asset ETH. Let me explain using two perspectives: one is a Toyota analogy, and the other is a real-world Rollup project I advised. While working at Toyota, I learned a principle from my lean mentor called Genchi Genbutsu (現地現物). It means: "Go and see for yourself." Do not rely solely on dashboards or second-hand information; experience things firsthand. This concept deeply influenced how I analyze ecosystems like Ethereum. Genchi Genbutsu teaches you to avoid the trap of abstraction. Data is certainly helpful, but without firsthand experiential knowledge, the data is incomplete. I have witnessed the launch of several Rollup projects, and each time, I observed the same transformation. And the interesting part begins here. Here, I want to introduce a concept: the "Orphaned Mother". In philosophy, this term refers to disciplines such as physics, mathematics, and economics, which all originally emerged from philosophy. Philosophy nurtured them, but its "children" grew up and moved away from it, eventually leaving her as an abandoned mother. Every new Rollup, L2, L3 that emerges gradually turns Ethereum into that "abandoned mother." A few years ago, I provided advice for a Rollup project focused on a specific domain. The team members were all staunch Ethereum believers—I first met them at the 2017 ETH San Francisco event. Initially, they were all idealists. At that time, they used Rollup-as-a-Service providers like @gelatonetwork, @alt_layer, @conduitxyz, or @Calderaxyz. These companies were all excellent and provided great service to their clients. The whole process was very straightforward, taking less than 30 minutes: you would have your own chain. From that moment on, everything started to change. After going live, their mindset shifted. They were no longer just builders but had become entrepreneurs. Their focus turned to product, users, community, and growth. They were fully committed to their chain and token. As for staying aligned with Ethereum? It was no longer among the top ten priorities. This is not a criticism of them but a reflection of reality. When you operate your own chain, your mindset changes. You optimize your flywheel, your incentives, your token. Ethereum became that abandoned mother. Back to Genchi Genbutsu—go and see for yourself. Launch your own Rollup, use a RaaS, try to develop it, issue your own token. Experience it firsthand, and you will see how your mindset shifts from an ETH maxi to a token founder. You will feel this change. Let me summarize: (1) Launching your own chain will transform you from an Ethereum-aligned builder to a business owner. (2) This ownership mentality makes ETH optional. (3) Don't just take my word for it, go verify for yourself. This is neither good nor bad, it just is. But if Ethereum wants to avoid becoming the “abandoned mother” in a modular stack, it needs to confront this dynamic head-on. In this model, ETH as an asset will indeed get diluted. The question is: How do we respond to it? “Original Article Link”
There is a new ZenIP Proposal, ZenIP 42409, which is an Addendum to ZenIP 42407: Horizen Tokenomics Proposal. This ZenIP proposal has been in the community discussion phase since it went live on Discourse on April 1st, 2025. The timeline for the vote on ZenIP 42409 is that voting will open on Monday, April 21st, 2025, at 12pm EST, and close on Thursday, April 24th, 2025, at 12pm EST. Let’s review this ZenIP proposal below, and we’ll also remind you how to prepare your $ZEN to cast your vote. Introduction This ZENIP outlines a proposed addendum to the previously approved Horizen 2.0 tokenomics framework. With the recent decision to migrate Horizen to operate as an L3 appchain on Base, the ecosystem no longer requires a dedicated allocation to blockforging security. This provides an opportunity to reallocate the remaining 5M unminted $ZEN in a way that strategically drives long-term growth, ecosystem adoption, and sustainability and makes sense with being the first privacy platform of the Base ecosystem. Note that the total supply will still remain the same at 21 million tokens. The proposed allocations and their rationale are detailed below. Recommended Allocation Summary Vesting Schedule At migration, 25% of the remaining token supply will be minted for the community, with the rest subject to a linear vesting period over 48 months. This structure is designed to promote prudent spending over time and to help stabilize ZEN’s value. Category Explanations & Rationale Incentives/Participation (750,000 ZEN | 15%) Purpose: To establish a robust incentive pool that rewards participation, developer contributions, and strategic dApp deployments on Horizen. Rationale: Incentives are crucial for onboarding high-impact projects and encouraging engagement within the Horizen ecosystem. Tying incentives to milestones such as project launches, TVL targets, or staking programs ensures that rewards flow to meaningful contributions rather than passive participation. This allocation is also intended to revive successful elements of previous staking programs, ensuring ZEN holders have active opportunities to earn rewards through qualified staking opportunities. Community Grants (250,000 ZEN | 5%) Purpose: To provide direct funding for community-driven initiatives, development projects, and other grassroots activities that support Horizen’s growth. Rationale: While grants are important for empowering developers and innovators, the reduced allocation reflects a shift toward aligning funding with more targeted investments through the ZEN Sustainability Initiative and milestone-based incentives. Prioritizing strategic funding ensures a higher return on investment and minimizes wasted resources. Growth Marketing (250,000 ZEN | 5%) Purpose: To increase awareness, promote Horizen adoption, and drive targeted marketing campaigns aligned with platform growth. Rationale: By shifting emphasis away from traditional broad marketing, this allocation will focus on performance-driven campaigns that drive measurable outcomes such as TVL growth, developer recruitment, and dApp adoption. A more efficient marketing strategy will allow Horizen to capture attention while preserving capital. ZEN Sustainability Initiative (2,000,000 ZEN | 40%) Purpose: To establish a long-term sustainability reserve that ensures ongoing resources for Horizen’s ecosystem well into the future. Rationale: The Sustainability Initiative is designed to support initiatives that generate long-term value for the ecosystem in a sustainable way. By strategically reserving resources and investing in ecosystem projects with revenue and equity share opportunities, Horizen can foster continued growth while building new revenue streams. This approach helps safeguard the ecosystem’s future, ensuring it remains dynamic and resilient as emission reserves diminish. Ecosystem Development (750,000 ZEN | 6%) Purpose: To fund technical infrastructure, tooling, and services that expand Horizen’s platform capabilities. Rationale: With Horizen migrating to Base, much of the critical tooling and infrastructure needs will be provided by the Base ecosystem. This reduced allocation reflects a narrower focus on Horizen-specific tooling or enhancements that Base does not provide. $ZEN Growth & Stability (500,000 ZEN | 10%) Purpose: To maintain a strategic reserve that can be deployed to stabilize ZEN’s value, fund liquidity initiatives, and buffer market volatility. Rationale: As Horizen evolves, maintaining stability in ZEN’s price will be crucial for maintaining investor confidence and user adoption. This fund ensures Horizen can mitigate extreme market shifts or support key initiatives during turbulent conditions. Infrastructure (500,000 ZEN | 10%) Purpose: Designated to support the security and maintenance of blockchain infrastructure, ensuring the long-term stability and functionality of the ecosystem. This may include, but is not limited to, funding for sequencers, RPC nodes, oracles, indexers, basic bridging support, possible DA layers, and other essential services. This provides flexibility to allocate resources toward initiatives that contribute to the ecosystem’s sustainability and growth. Conclusion This proposal reflects a strategic recalibration of Horizen’s tokenomics designed to optimize long-term sustainability, growth, and community impact. By reallocating the security budget into high-impact categories such as the ZEN Sustainability Initiative and Incentives/Participation, Horizen is better positioned to attract developers, expand the ecosystem, and ensure token value stability. Furthermore, ZEN’s utility will be integral to Horizen’s capability to enable private and compliant use cases within the ecosystem. How much voting power do I have, and how can I prepare to cast my vote? Your voting power is a sum of the following criteria: $ZEN in your EVM wallet (such as MetaMask). $ZEN in your linked mainchain wallet. The total amount of $ZEN that was delegated to forger nodes from your EON Wallet. Please note that Horizen uses Snapshot for voting. This means that your voting power will be a total of the items above at a specific block height on EON. If token values change after that specified block height it will not be included in your voting power. How do I link my mainchain wallet to my EON address? Being that many users prefer to keep their $ZEN on Horizen’s mainchain we’ve made it possible to vote on proposals while keeping $ZEN on the mainchain. Please use the following guide to link your mainchain and EON addresses: Linking Mainchain and EON $ZEN Addresses | Horizen Documentation Do I have to do anything if I stake $ZEN to a forger node to vote on proposals? No. As long as you are using the same wallet which was used to delegate stake, your voting power will include all $ZEN that is staked to forger nodes. How do I vote on ZENIPs using my staked $ZEN? Voting is done on Snapshot using Horizen EON. Go to the Horizen Foundation Snapshot page: https://snapshot.org/#/horizenfoundation.eth Make sure to join the Horizen Foundation as a member on Snapshot. Connect your wallet. Choose a proposal you would like to vote on. Read through the proposal and look at the possible voting options. Select a choice, you will be asked to sign a message with your wallet to vote on the proposal (this does not incur any gas fees). As always, we remain available in the Horizen Discord for any questions or support needed!
The partnership will provide Builder Marketplace, a smooth and completely composable application layer. The collaboration improves Dojima’s omnichain architecture and lowers friction between Web2 and Web3 applications. Linera, a Layer 1 that optimizes real-time applications, is collaborating with the Dojima Foundation, which is creating the Omnichain Web to bring web3 ecosystems together. In order to enable developers to grow and integrate Web3 applications across various networks, the partnership will provide Builder Marketplace, a smooth and completely composable application layer. Dojima will be able to provide fast decentralized apps on all of the major L1 and L2 blockchains thanks to the partnership. The service, which will debut on Dojima’s Builder Marketplace, makes it easier to develop modular apps that need to execute quickly and be cross-chain composable without compromising security. This covers applications for interoperability, gaming, NFTs, and enterprise. By providing microchains, which enable high-speed, modular, and decentralized execution without sacrificing decentralization, Linera improves this process. Linera guarantees smooth cross-chain interactions without depending on ineffective bridges, in contrast to conventional L1 or L2 solutions that have issues with scalability and interoperability. By offering a scalable communication layer for omni apps, omni solvers, and omni rollups, the collaboration improves Dojima’s omnichain architecture and lowers friction between Web2 and Web3 applications. Because Linera’s microchains provide real-time communication and effective state management—two essential components of Dojima’s vision of an interconnected blockchain future—the duo have partnered. A new generation of completely modular apps is made possible by Dojima and Linera working together to bridge the gap between Web2 and Web3. Dojima is introducing its newest innovation, Omni Rollups, which will enable multichain settlements and state management while fusing Web2 performance with Web3’s decentralized security and facilitating extremely scalable Omni apps. As a consequence, blockchain fragmentation is eliminated and a universal execution environment is produced. Akhil Reddy, CEO at Dojima, said: “The Omnichain Web has always been about eliminating fragmentation and enabling a unified blockchain experience. By integrating Linera’s microchain architecture into our ecosystem, we’re unlocking the ability to build truly composable, omni-chain applications with Web2-like responsiveness.” Mathieu Baudet, CEO at Linera added: “At Linera, we believe the future of Web3 lies in real-time, user-centric applications that can scale effortlessly without compromising on decentralization. Our collaboration with Dojima brings together the best of both worlds: high-speed execution and seamless cross-chain interoperability.” The modular composability framework developed by Dojima and Linera will enable developers and businesses to design applications that aren’t limited by throughput or speed constraints imposed by blockchain technology. It will ease the transition from Web2 to Web3 by supporting a new generation of omni apps, omni solvers, and omni rollups that are quick, adaptable, and completely interoperable. The Omnichain Web, a universal framework that removes fragmentation in the Web3 ecosystem, is being pioneered by Dojima Network . It facilitates a smooth financial internet by merging rollups, sidechains, L1, L2, and L3 chains. The method streamlines chain abstraction, enabling developers and protocols to create scalable, interoperable applications, just way Web2 evolved into a unified internet. The first L1 blockchain designed for real-time, hyperconnected applications is Linera . The goal of Linera’s founding was to provide customers with decentralized, globally accessible technology that enables real-time onchain experiences and streamlines interoperability between off-chain applications and blockchains. Applications may read and write onchain data with high speed and security guarantees for any number of active users thanks to Linera’s unique design, which enables users to interact directly with microchains—small chains of blocks. Mathieu Baudet, PhD, the founder and CEO, coauthored the FastPay protocol and was an early research engineer on the Meta Libra/Novi project.
Gelato introduced a new Blockchain-as-a-Service (BaaS) platform built on Avalanche, providing devs the ability to create sovereign blockchains using Avalanche InterChain Messaging (ICM). The new service was launched alongside the major Avalanche9000 update and enables developers to quickly and cost-effectively deploy customizable L1 blockchain networks with a high degree of flexibility. The platform also introduces dynamic fees and eliminates the need to stake AVAX for deployment or platform usage. Gelato is a Web3 development platform that allows developers to deploy, launch, and scale on-chain apps. The Gelato ecosystem integrates over 50 services, including LayerZero, The Graph, Blockscout, Transact, and ElizaOS for creating autonomous AI agents. This new solution is tailored for FinTech companies and iGaming projects that need full control over governance, economic models, and smart contract execution, while maintaining compatibility with the Avalanche ecosystem. The BaaS platform includes: global RPC infrastructure with 99.99% SLA; support for Verified Nodes for enterprise monitoring; Account Abstraction for user-friendly authentication; oracle services Edge and Stork; VRF for random number generation; Web3 Functions for smart contract automation. According to Luis Schliesske, Founder at Gelato, BaaS for Avalanche offers a complete stack of tools for developers, enabling businesses to launch their own networks using existing infrastructure. He also emphasized that sovereignty, compatibility, and user convenience are key for the next-generation corporate blockchain networks, and BaaS will allow developers to focus on creating innovative products rather than achieving ecosystem compatibility. Last year, the BVM Studio team introduced a tool that simplifies, speeds up, and standardizes the deployment of L2 and L3 networks in the Bitcoin and Ethereum ecosystems.
Date: Wed, March 26, 2025 | 06:20 PM GMT The cryptocurrency market is witnessing a surge in select altcoins as Layer 3 (L3), Altlayer (ALT), and Pendle (PENDLE) experience significant price spikes in last hour. The sharp upward movement comes on the heels of a major exchange listing announcement, drawing renewed investor interest in these tokens. Source: Coinmarketcap Coinbase Listing Triggers Price Rally The sudden price momentum in these tokens follows Coinbase’s latest announcement regarding the addition of Altlayer (ALT), Pendle (PENDLE), and Layer 3 (L3) on the Ethereum network (ERC-20 Token). Source: @CoinbaseAssets (X) Coinbase stated that transfers for these assets are now available on both @Coinbase and @CoinbaseExch in regions where trading is supported. However, users are cautioned not to send these tokens over other networks, as funds may be lost. Trading to Begin on March 27, 2025 According to Coinbase, trading for these assets is set to commence on or after 9 AM PT on March 27, 2025, provided that liquidity conditions are met. Once sufficient supply is established, the ALT-USD, PENDLE-USD, and L3-USD trading pairs will be launched in phases. However, the exchange also clarified that support for ALT, PENDLE, and L3 may be restricted in certain jurisdictions, depending on regulatory requirements. Market Reaction and Investor Sentiment The announcement has ignited strong buying interest in these tokens, as traders anticipate higher trading volumes and liquidity once trading begins. Listings on major exchanges like Coinbase often drive short-term price surges due to increased accessibility and exposure. Historically, newly listed tokens on Coinbase tend to experience heightened volatility in the days following their debut, as both retail and institutional investors rush to capitalize on the momentum. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Get ready for a thrilling update in the crypto world! Coinbase, a leading cryptocurrency exchange, has just announced its plans to list three new tokens on its platform. This move is set to inject fresh energy into the market and offer users exciting new trading opportunities within the Ethereum ecosystem. Let’s dive into the details of this significant Coinbase listing and what it means for you. What’s the Buzz About the Coinbase Listing of New Tokens? Coinbase recently took to X, formerly Twitter, to share the exciting news: AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) are coming to Coinbase! These tokens, all built on the Ethereum network as ERC-20 tokens, are poised to become available for trading on or after March 27th, starting at 9 a.m. Pacific Time (PT). However, there’s a crucial factor to keep in mind – the commencement of trading is contingent upon meeting sufficient liquidity conditions. This means that while the listing is planned, actual trading will only begin once there are enough buyers and sellers in the market to ensure a smooth and stable trading experience. Here’s a quick rundown of the key details: Tokens to be Listed: AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) Network: Ethereum Token Standard: ERC-20 Trading Start Date (Tentative): On or after March 27, 2024 Trading Start Time: 9 a.m. PT Condition: Subject to sufficient liquidity Why is the Ethereum Network the Chosen Platform? The decision to list these tokens on the Ethereum Network is hardly surprising, given Ethereum’s dominant position in the decentralized finance (DeFi) and broader crypto ecosystem. Ethereum, as the leading smart contract platform, hosts a vast majority of decentralized applications (dApps) and tokens. Listing ERC-20 tokens, the token standard native to Ethereum, allows for seamless integration within this expansive ecosystem. This move leverages Ethereum’s robust infrastructure, large user base, and established DeFi protocols, potentially boosting the visibility and utility of ALT, PENDLE, and L3 tokens. Choosing the Ethereum network underscores Coinbase’s strategic focus on supporting projects within the most active and innovative blockchain space. Consider these points regarding the Ethereum Network’s significance: Dominant Smart Contract Platform: Ethereum is the undisputed leader in smart contracts and dApps. Vast Ecosystem: It boasts the largest and most active DeFi ecosystem. ERC-20 Standard: The ERC-20 token standard is widely adopted and well-understood. Liquidity and Infrastructure: Ethereum provides robust liquidity and a mature infrastructure for token trading. Developer Community: A massive and vibrant developer community constantly innovating on Ethereum. Spotlight on AltLayer (ALT): What’s the Hype? AltLayer (ALT) is designed as a system of highly scalable application-dedicated execution layers. Essentially, it’s focused on making blockchain technology more accessible and efficient for developers and users alike. AltLayer aims to solve the scalability challenges often faced by blockchain applications. It achieves this through its innovative approach to layer-2 scaling, allowing for faster transaction speeds and lower costs compared to transacting directly on the main Ethereum chain. The AltLayer project is gaining traction for its potential to significantly improve the user experience for decentralized applications. Here’s what makes AltLayer (ALT) noteworthy: Feature Description Scalability Focus Designed for highly scalable application-specific execution layers. Layer-2 Solution Improves transaction speed and reduces costs compared to layer-1. Developer-Friendly Aims to simplify blockchain development and deployment. Rollup Technology Utilizes rollups to achieve scalability and efficiency. EVM Compatibility Compatible with the Ethereum Virtual Machine, ensuring ease of integration. Pendle (PENDLE) Explained: Revolutionizing Yield Trading? Pendle (PENDLE) is carving a unique niche in the DeFi space by focusing on the tokenization and trading of yield. It allows users to separate the principal and yield components of yield-bearing assets, enabling sophisticated yield trading strategies. Pendle introduces a novel approach to managing and maximizing yield in DeFi. By tokenizing future yield, Pendle empowers users to speculate on yield movements, hedge against yield fluctuations, or simply lock in fixed yields. This innovative mechanism opens up a new dimension of financial instruments within the decentralized ecosystem. Key aspects of Pendle (PENDLE) include: Yield Tokenization: Separates principal and yield of assets. Yield Trading: Enables trading of tokenized future yield. Fixed Yield Opportunities: Allows users to lock in fixed yields. Yield Speculation: Provides tools for speculating on yield movements. Hedging Capabilities: Offers mechanisms to hedge against yield volatility. Layer3 (L3): Simplifying Web3 Interactions? Layer3 (L3) is positioned as a platform to discover and participate in Web3 opportunities. It aims to make the often complex world of Web3 more accessible and user-friendly. Layer3 serves as a bridge to the decentralized web, offering curated quests and pathways to explore various Web3 projects and protocols. By gamifying the learning and onboarding process, Layer3 lowers the barrier to entry for newcomers and helps users navigate the vast and evolving landscape of Web3. What makes Layer3 (L3) stand out: Feature Description Web3 Discovery Platform Helps users find and engage with Web3 projects. Gamified Learning Uses quests and challenges to educate users about Web3. User-Friendly Onboarding Simplifies the process of joining and participating in Web3. Curated Experiences Offers structured pathways to explore different Web3 ecosystems. Community Building Fosters a community of Web3 learners and enthusiasts. What are the Potential Benefits of this Coinbase Listing? The Coinbase listing of ALT, PENDLE, and L3 is expected to bring several significant benefits to these projects and the wider crypto community: Increased Liquidity: Coinbase is a major exchange, and listing here typically leads to a substantial increase in trading volume and liquidity for the listed tokens. Enhanced Visibility: Listing on Coinbase exposes these tokens to a massive global user base, significantly boosting their visibility and awareness. Price Discovery: The increased trading activity on a reputable exchange like Coinbase contributes to more efficient and transparent price discovery for ALT, PENDLE, and L3. Institutional Exposure: Coinbase’s appeal to institutional investors can potentially attract greater institutional capital into these tokens. Validation and Credibility: A Coinbase listing is often seen as a stamp of approval, lending credibility and legitimacy to the listed projects. Are There Any Challenges to Consider? While the Coinbase listing is largely positive, it’s also important to consider potential challenges: Liquidity Requirements: The listing is conditional on achieving sufficient liquidity. If initial liquidity is lacking, the trading start might be delayed. Volatility: New listings can sometimes experience significant price volatility, especially in the initial trading days. Market Sentiment: Overall market sentiment can influence the performance of newly listed tokens. Bearish market conditions could dampen initial enthusiasm. Regulatory Scrutiny: Increased visibility can also bring greater regulatory attention to these projects. Execution Risk: While Coinbase listings are generally positive, the long-term success of these tokens still depends on their underlying technology, adoption, and execution. Actionable Insights: What Should You Do? For crypto enthusiasts and investors, this Coinbase listing presents several actionable insights: Do Your Research: Before considering investing in ALT, PENDLE, or L3, conduct thorough research into each project. Understand their fundamentals, use cases, and tokenomics. Monitor Liquidity: Keep an eye on announcements regarding the official trading start date and ensure sufficient liquidity is established before engaging in trading. Manage Risk: Be aware of the potential for volatility associated with new listings and manage your risk accordingly. Never invest more than you can afford to lose. Stay Informed: Follow Coinbase’s official announcements and monitor crypto news outlets for updates on these listings and the broader market. Explore Use Cases: Investigate the potential use cases of ALT, PENDLE, and L3 within the Ethereum ecosystem and consider how they might fit into your portfolio or crypto strategy. In Conclusion: A Promising Step Forward Coinbase’s decision to list AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) on the Ethereum network marks an exciting development for these projects and the crypto space as a whole. This move promises increased accessibility, liquidity, and visibility for these tokens, potentially unlocking new opportunities for users and investors within the thriving Ethereum ecosystem. As we approach the tentative listing date, keeping a close watch on liquidity updates and conducting thorough due diligence will be key for anyone looking to engage with these newly listed crypto assets. The Coinbase listing is a strong indicator of the continued growth and evolution of the cryptocurrency market, bringing innovative projects to a wider audience. To learn more about the latest explore our article on key developments shaping Ethereum institutional adoption. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
cryptocurrency exchanges continue to list altcoins , with significant expectations for the medium and long term. The recent listing of altcoins previously added to the roadmap was not surprising. Just days ago, the exchange updated its listing and announced that the listing would take place tomorrow. Latest Altcoin Listings Coinbase exchange will add support for AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3). The previously included altcoins in the roadmap are now being listed. The price of ALT has increased by 20%. PENDLE has seen a 3% rise, while L3 has also experienced a 20% increase. The listing is scheduled for tomorrow at this time. Significant developments have occurred in recent hours. Senior EU officials disclosed that Trump might impose tariffs of around 20%. Following this news, the BTC price decreased, raising fears regarding April 2. Fed member Kashkari warned that the negative impact on consumer confidence could lead to worse outcomes than tariffs. Japan’s 10-year bonds climbed to 1.59%, reaching the highest level since 2008. The SP US Report highlights concerns about a recession. “We see a 25% chance of a recession starting in the US within the next 12 months.”
Key Points Coinbase added FAI, ALT, PENDLE, and L3 to its listing roadmap. Following the announcement, the digital assets’ prices surged. Yesterday, Coinbase Assets added four new crypto projects to its listing roadmap: Freysa (FAI) on Base AltLayer (ALT) on Ethereum Pendle (PENDLE) on Ethereum Layer3 (L3) on Ethereum The crypto exchange made a separate announcement for ALT, PENDLE, and L3, after revealing the upcoming listing for FAI. Assets added to the roadmap today: AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) https://t.co/rRB9d3iqgA — Coinbase Assets 🛡️ (@CoinbaseAssets) March 20, 2025 The prices for all four digital assets surged following Coinbase’s notes. FAI, ALT, PENDLE, and L3 Prices Surged FAI Price Trajectory At the moment of writing this article, FAI is trading above $0.018, with a market cap of over $154 million. The coin is up by over 7% in the past 24 hours. FAI price in USD today The coin kicked off its ascendant trajectory following Coinbase ‘s announcement and surged from a market cap of over $141 million on March 20 to over $209 million in a short amount of time, recording a spike of over 29% before cooling off to current prices. ALT Price Trajectory Currently, ALT is trading above $0.03, with a market cap of more than $104 million. The coin is up by 4% in the past 24 hours. ALT price in USD today On March 20, ATL’s market cap jumped from around $100 million to over $111 million, seeing a surge of over 5% following Coinbase’s announcement. PENDLE Price Trajectory Today, PENDLE is trading at $2.47 with a market cap of over $400 million, and it’s up by 1% in the past 24 hours. PENDLE price in USD today Yesterday, PENDLE’s price jumped from around $2.43 to over $2.5 following the exchange’s upcoming listing announcement, seeing a price surge of over 3%. The coin’s price continued its ascendant trajectory until earlier today when it topped $2.59 before cooling off. L3 Price Trajectory At the moment of writing this article, L3 is trading above $0.08 with a market cap of over $31 million, and it’s up by more than 39%. L3 price in USD today On March 20, L3’s price jumped from around $0.05, reaching over $0.08, a surge of more than 25%. The coin continued its ascendant trajectory, topping $0.1 earlier today, before seeing a price correction to current levels.
Cryptocurrency traders are seizing early opportunities with less popular altcoins to profit from exchange listings. As they observe the significant impacts on charts from listing announcements, they are quick to sell for gains as high as 100%. Recently, Coinbase signaled the impending listing of three altcoins, prompting speculation about which coins will benefit from these listings. Latest Altcoin Listing Updates Coinbase, one of the largest exchanges by volume and the leading platform in the U.S., significantly impacts prices with its listings. The combination of liquidity from listings and regulated access for U.S. traders makes Coinbase’s announcements particularly influential on altcoin prices. The platform announced the inclusion of AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3) in its listing roadmap. There are three possible scenarios regarding these listings: The exchange may announce listings within a few hours or days. The exchange might wait weeks before making a listing announcement. They could remove the selected altcoins from the roadmap, resulting in an unsuccessful listing journey. Recently, Coinbase has treated its listing decisions for altcoins as a formality. Although it attempts to limit sudden price movements by sharing the roadmap before the listing announcements, the roadmap disclosure itself often leads to increased volatility. ALT’s price experienced a nearly 20% increase. PENDLE rose by 12%, while L3 Coin saw a 35% increase.
Base introduced Flashblocks, Base Appchains, and Smart Wallet Sub Accounts to enhance transaction speed, scalability, and user experience in on-chain applications. Flashblocks reduces confirmation times, Base Appchains offers customizable L3 networks, and Smart Wallet Sub Accounts simplify multi-account management for users. Base continues to make its mark in the blockchain space with a slew of advancements that accelerate and simplify the on-chain experience. Base now offers three important innovations : Flashblocks, Base Appchains, and Smart Wallet Sub Accounts, not content to merely be a fast-growing Layer-2 network. All three are meant to simplify user interactions, speed transactions, and enable more versatile applications. More intriguing still is that their goal is not only to produce technology but also an ecosystem capable of supporting around a billion crypto users in the future. We're making Base faster, simpler, and more powerful – Flashblocks make Base 10x faster – Appchains allow apps to scale – Smart Wallet Sub Accounts make coming onchain way simpler for everyone What are you going to build? https://t.co/OhGSrbLHyK pic.twitter.com/YlS7orqpjh — Base (@base) February 27, 2025 Flashblocks: Speeding Up Blockchain Transactions Like Never Before In the blockchain industry, speed rules everything. Nobody enjoys waiting about for their transactions to be verified. Flashblocks cuts confirmation times from two seconds to just 200 milliseconds, addressing the issue. Thus, transactions can be completed practically instantaneously. This feature is under testing on the Base Sepolia testnet right now and should go live on the mainnet in the second quarter of this year. Base could become the fastest Ethereum Virtual Machine (EVM) network accessible nowadays with this deployment. Base Appchains: Custom Scalability for On-Chain Growth On the other hand, as on-chain applications expand, the demand for scalability is rising. Base Appchains provides a Layer-3 network that may be customized to suit the requirements of certain applications, hence addressing this. Not every app calls for the same surroundings. While some concentrate more on cost efficiency, others need great processing capability. From bespoke gas tokens to customizable fee restrictions, developers may ascertain how their block space will be utilized with Base Appchains. To meet the growing demand, several sizable projects like Blocklords and Metacade have even planned to expand over Base Appchains. Smart Wallet Sub Accounts: Simplifying Blockchain for Everyone For many of new users, blockchain still seems overly technical. Managing assets between several programs can be tiresome and complex. Smart Wallet Sub Accounts lets users manage all of their accounts in one universal wallet to streamline this. Stop constantly verifying unclear transactions and switching between programs. More exact spending powers of this function also improve security. This function will shortly move to the mainnet in the second quarter of this year; it is now under testing on the Base testnet. $100 Billion Ambition: Base’s Plan for Mass Adoption Base has major goals in terms of adoption and growth in addition to stopping at technological innovation. Base revealed on January 17, 2025, its intention to increase its worldwide footprint and have on-chain assets worth $100 billion. Along with producing outstanding technology, they also seek to reach more people using an inclusive and easily available experience. Their work entails the development of technologies facilitating the creation of user-friendly applications by developers. Enhancing Adoption: Coinbase’s Strategic Move with Spindl To ensure its ecosystem continues to grow, Coinbase took a strategic step by acquiring Spindl, an on-chain advertising platform, on February 2, 2025. This acquisition aims to help developers on Base increase the visibility and adoption of their applications. With more and more applications emerging on Base, visibility is key for these projects to reach more users. Meanwhile, CNF previously reported that Coinbase has developed a Proof of Reserves (PoR) mechanism for its wrapped Bitcoin, cbBTC. This action seeks to guarantee that every cbBTC is totally backed by actual Bitcoin and promote openness. With reserves of 26, 525.15 BTC, Coinbase’s PoR statistics reflect the overall supply of cbBTC of 26,461.05. Users of this method can be more sure their investments are totally backed.
According to the official announcement of Base, Base has launched multiple new technologies aimed at improving on-chain transaction speed, scalability, and user experience. Among them, the Flashblocks technology has been launched on the Base Sepolia testnet, reducing block confirmation time from 2 seconds to 200 milliseconds, making it the fastest EVM chain. In addition, Base has also introduced Base Appchains (L3 chain) to provide exclusive block space for high-traffic applications, improving scalability. At the same time, Base has introduced Smart Wallet Sub Accounts to optimize user experience, reduce the number of transaction signatures, and provide a more secure account management method. Base plans to launch Flashblocks and Sub Accounts on the mainnet in Q2.
StarkWare has announced the launch of a $4 million venture capital fund to accelerate blockchain innovation in Africa. The fund will be led by Kheireddine Kamal and individual funding amounts can reach up to $150,000. It is primarily aimed at efficient infrastructure projects directly built on Starknet or on Starknet application chains/L3.
Cross-chain interoperability isn’t the most exciting web3 concept, but it’s undoubtedly one of the most valuable. If it’s a domain you work or trade in, you wouldn’t brag about it on your dating profile, but you’d certainly be name-dropping it at your next crypto conference. Because wherever you operate in web3, you should care about interoperability. It’s the difference between liquidity and no liquidity. Between ecosystem and ghost chain. It’s no exaggeration to say that the very future of web3 is dependent upon cross-chain interoperability challenges being not just solved but widely implemented. Otherwise, blockchains are destined to continue spinning away from each other like asteroids lost in space. Thankfully, we don’t need to pray for an interoperability breakthrough to solve all our cross-chain woes because it’s already here. It’s just, as the saying goes, not evenly distributed. In other words, the tech is already in place to allow assets, data, messages and anything else that can be transmitted onchain to be sent between every chain, rapidly, efficiently, and regardless of programming language or VM. All that’s preventing this infra from becoming routinely deployed is the inevitable latency between a tech being perfected and being universally integrated. As a closer analysis of just one of the manifold protocols chipping away at interoperability – Orbs – shows, the omnichain singularity is fast approaching. And it promises to be streets ahead of the patchwork efforts that have carried the industry this far. Making Blockchains Great Again While the full history of blockchain interoperability is a tale for another time, or perhaps never, it can be summarized as follows: while progress has been made in connecting the multi-chain landscape in recent years, it’s been piecemeal. For example, Cosmos’ IBC (Inter-Blockchain Communication) and Polkadot’s parachains are great for allowing networks within these respective ecosystems to communicate but they do nothing for the broader onchain landscape. If you’ve got USDC on Solana and are trying to execute a swap on Arbitrum, 100 parachains ain’t gonna help you. And no amount of IBC is going to deliver liquidity to the EVM L2 you’re exploring. Interoperability developers need to think bigger with the ultimate goal of connecting it all: all the data, all the assets, anywhere, all at once. It’s a lot to ask for, but it’s the only way to make DeFi live up to its promise of being fast, liquid, accessible, and capable of holding its own against CeFi and TradFi alternatives. The solution to this grand challenge, as web3 engineers such as Orbs have found, is through the creation of dedicated Layer 3 architecture. One layer to link it all. Which is exactly what Orbs’ L3 stack does. Acting as a decentralized execution layer, Orbs enhances interactions between chains such as Ethereum, BNB Chain, and Polygon. This allows DeFi protocols to optimize for liquidity aggregation, yield strategies, and multi-chain governance without relying on centralized bridges, which have been frequent targets of exploits, losing over $2.5B alone in the last three years. Even the very word “bridge” is prone to inducing a shudder in seasoned DeFi users, many of whom have first-hand experience of being rekt while trying to funnel funds between chains. What Orbs Does Differently As a decentralized execution layer, Orbs has been optimized for a combination of security and cross-chain functionality. Instead of merely enabling communication between chains, it enhances how transactions are executed, making DeFi protocols more efficient and interconnected. Its execution layer, which allows smart contracts to automate operations without reliance on centralized intermediaries, is particularly useful for DeFi applications that require liquidity aggregation from multiple chains. This makes it possible to implement things such as automated yield strategies that rebalance positions across different DeFi protocols. Orbs also enables use cases such as cross-chain governance, where DAOs can conduct decentralized decision-making across multiple blockchains. In automating these tasks on a trustless and decentralized network, Orbs removes the need for centralized relayers or custodial services, significantly reducing attack vectors. At the moment, many DeFi projects are still limiting themselves to a single chain out of fear of venturing into pastures unknown and getting something wrong. Which is a perfectly reasonable position to take, given the millions of dollars in user funds that could be lost should they screw up. What plug-and-play solutions such as Orbs do is allow these projects to explore new terrain in the knowledge that they can rely on battle-tested infra that’s already proven itself in the wild, across dozens of chains, protocols, and DEXes. There’s More Than One Way to Cross a River If we imagine blockchains as expanses of land separated by water, and bridges as the rickety infrastructure connecting them, it’s easy to see where the danger lies. They’re a chokepoint for the billions of dollars that need to flow between chains and a natural attack point, as any military strategist will tell you. But there’s more than one way to cross a river, and in this analogy L3s can be regarded as tunnels. They’re less susceptible to airborne attacks, more direct, and much safer to use. Orbs mitigates the risk presented by bridges by removing the need for direct asset transfers via traditional bridges. Instead, its decentralized execution model enables protocols to coordinate multi-chain activities without exposing assets to unnecessary security risks. For example, instead of relying on a bridge to swap assets between Ethereum and BNB Chain, a DeFi protocol using Orbs can coordinate liquidity pools across both networks, allowing users to interact with assets on different chains without requiring direct transfers. DeFi Without Limits When you boil it down, the value proposition of Orbs’ cross-chain infrastructure is this: it enables DeFi protocols to become chain-agnostic. Instead of deploying separate versions of smart contracts on every chain or engaging in complicated bridging processes, developers can build once and tap into Orbs’ decentralized execution layer to coordinate operations across multiple networks. And we’ve barely scratched the surface in terms of the use cases this permits. We’re talking about moving capital between chains with minimal overhead; capturing arbitrage opportunities in real time across different ecosystems; benefiting from advanced DeFi features like auto-compounding and multi-chain governance; and exploring opportunities on new chains without needing to worry about whether there’ll be enough liquidity to exit into stables should the market suddenly become jittery. Instead of merely bundling or compressing data for cheaper onchain fees (as many Layer 2s do), Orbs offers an execution environment that can run decentralized applications and automation across multiple chains. With more than a dozen networks, from Avalanche to Solana, already using Orbs tech, the interoperability solution web3 has been waiting for is finally here and proving itself onchain. With any luck, 2025 will be the year when L3 solutions see universal integration, inching us closer to the endgame of a landscape in which all chains work as one.
The inclusion of Liquidity Hub establishes Sonic as a pioneer in effective and secure DeFi solutions as its ecosystem expands. This integration marks the first deployment of Liquidity Hub technology on Sonic, a high-performance EVM blockchain. Orbs , the L3 for Advanced On-chain Trading, has announced that SwapX, a concentrated liquidity AMM (CLAMM) on the Sonic EVM blockchain, has integrated with its Liquidity Hub. By giving consumers access to deep liquidity sources and sophisticated trading features, the development will greatly improve the trading experience on SwapX. A decentralized Layer-3 (L3) blockchain Orbs is designed especially for sophisticated on-chain trading. Orbs serves as an additional execution layer that leverages a Proof-of-Stake consensus to enable sophisticated scripts and logic that go beyond the inherent capabilities of smart contracts. By adding CeFi-level execution to on-chain trading, orbs-powered protocols such as dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub push the limits of DeFi. By combining liquidity from both on-chain and off-chain sources, Liquidity Hub, which is powered by Orbs’ Layer 3 technology, maximizes DEX trading. Better execution prices, increased capital efficiency, and defense against problems like miner extractable value (MEV) are all easily accessible to SwapX users. This integration marks the first deployment of Liquidity Hub technology on Sonic, a high-performance EVM blockchain with sub-second finality and 10,000 TPS. The inclusion of Liquidity Hub establishes Sonic as a pioneer in effective and secure DeFi solutions as its ecosystem expands. SwapX is a decentralized exchange (DEX) with the goal of becoming the top native focused liquidity platform on the Sonic Blockchain. SwapX wants to be the most-used DEX on Sonic in terms of volume and financial metrics, but it also wants to give liquidity providers (LPs) and users who just want to swap assets the best liquidity management experience possible, with competitive prices and the best UX/UI. Ran Hammer, Vice President of Business Development at Orbs, said: “We’ve been collaborating with SwapX for over a year, and I’m absolutely thrilled to see our partnership come to life. Sonic is one of the most innovative and promising new chains in the space, and with Orbs L3 powering SwapX, we’re excited to witness its exponential growth and the groundbreaking advancements it will bring to DeFi.” Orbs’ Liquidity Hub functions as an L3 protocol, adding sophisticated features to the conventional automated market maker (AMM) architecture. This technology sources liquidity using a novel mix of decentralized APIs and onchain solver auctions. In order to ensure optimum price discovery, third-party solvers compete to satisfy swap requests utilizing private inventory or AMM liquidity. Professional traders and market makers may place bids using Liquidity Hub’s decentralized APIs, increasing the liquidity pool and ensuring competitive pricing. While liquidity providers gain from greater capital utilization, traders may profit from better swap execution thanks to this decentralized and modular approach. With its CLAMM offering sophisticated liquidity management for liquidity providers and the greatest user experience for traders, SwapX is Sonic’s leading decentralized exchange. SwapX gives traders a competitive advantage and strengthens its position as Sonic’s leading DEX by integrating Orbs’ Liquidity Hub, which gives it access to pooled liquidity sources outside of its native pools. Liquidity Hub has now deployed across ten blockchain ecosystems with the SwapX integration. Orbs is pushing the adoption of cutting-edge trading technologies and establishing a new benchmark for DeFi efficiency with its expanding presence, which includes platforms like Quickswap and THENA.
As blockchain technology evolved, Layer 3 (L3) solutions have emerged as a groundbreaking advancement that promises to reshape how we think about scalability, interoperability, and customization in blockchain networks. Most projects are now thinking beyond Layer 2 solutions as the market matures and Layer 3 protocols have become the go-to solution as they tie sophistication and user-friendly decentralized applications (dApps) together. What Are Layer 3 Solutions? Layer 3 solutions represent the next evolution in blockchain architecture, building upon existing Layer 2 frameworks to provide enhanced functionality and customization options. These protocols are designed to address specific application needs while maintaining the robust security inherited from the underlying Layer 1 blockchain, particularly Ethereum. Unlike traditional blockchain layers, L3s offer unprecedented flexibility in handling specialized requirements, from privacy-focused applications to high-throughput systems. The versatility of Layer 3 solutions extends beyond basic transaction processing, enabling developers to create more complex decentralized applications with advanced features. This advancement is particularly significant for mainstream adoption, as it allows for more sophisticated user interfaces and improved accessibility for non-technical users. Notable examples of Layer 3 protocols include Orbs, Arbitrum Orbit, and zkSync Hyperchains, each bringing unique capabilities to the blockchain ecosystem. How Layer 3 Customizes Blockchain Networks? The revolutionary aspect of Layer 3 solutions lies in their approach to transaction execution and customization. Similar to how Layer 2 solutions offload transactions from the main Ethereum network, L3s further optimize this process by moving transaction execution from L2 to L3. This creates a cascading effect of efficiency, where transactions are executed and batched at the L3 level before being verified and passed down through the layers. The cost-effectiveness of this approach is particularly noteworthy. By posting transaction data on L2 instead of L1, Layer 3 solutions leverage the already reduced costs of L2 networks. This multi-layered approach results in significant cost savings, as transaction data is compressed at each level before finally reaching the Ethereum mainnet. Perhaps most importantly, developers building L3 appchains have unprecedented control over their blockchain environment. Rather than simply building on top of existing chains, they can create purpose-built blockchain architectures tailored to their specific applications. Layer 3 on StarkNet: A Case Study in Innovation The integration of Layer 3 solutions with StarkNet represents a significant milestone in blockchain scaling technology. In April 2024, Herodotus, with support from StarkWare, introduced the Integrity Verifier, marking a crucial step toward implementing L3 appchains on StarkNet. This development enables developers to verify Cairo program execution on StarkNet, mirroring the verification capabilities previously available only on Ethereum. How will it affect the crypto market? The emergence of Layer 3 solutions signals a transformative period in blockchain technology. These protocols are addressing critical challenges in the industry, particularly regarding interoperability between different blockchain networks. By acting as bridges between various platforms, L3s facilitate seamless data and transaction flow across different blockchain ecosystems, including major networks like Ethereum and Solana. The customization capabilities of Layer 3 solutions also open new possibilities for privacy-focused applications and specialized use cases. Developers can implement application-specific mechanisms that control data visibility and transaction privacy, while maintaining the flexibility to modify governance structures and operational rules according to their specific requirements. As the technology continues to mature, Layer 3 solutions are poised to play a crucial role in the next generation of blockchain applications, potentially revolutionizing how we approach decentralized computing and digital asset management. The combination of enhanced scalability, reduced costs, and unprecedented customization options suggests that L3s will be instrumental in driving broader blockchain adoption across various industries and use cases.
Nick Tomaino, the founder of 1confirmation, wrote on the X platform that ETH is the currency used for all new use cases driving the development of the internet, from decentralized finance to NFTs, prediction markets, stablecoins, games, and DAOs, among others. ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most robust blockchain scaling strategies (L2 and L3), which is why extreme BTC users hate ETH because they feel threatened.
In today's wave of digitalization, blockchain technology continues to evolve, with numerous innovative platforms emerging. The Bomcliam platform, as one of them, has attracted widespread attention with its unique model. Platform Overview and Token Mechanism The Bomcliam platform integrates various functions such as cryptocurrency asset exchange, cutting-edge information, and mining ecology, aiming to provide users with a one-stop service experience. The total supply of the BOM token is set at 10 million, with an initial price of $10 each. In terms of token distribution, 70% is obtained through mining, 20% is used for community rewards, and 10% is invested in operational economics. This distribution model aims to build a sustainable ecosystem that encourages users to actively participate in platform development. Zero-Cost Participation Model Free Mining Machine Acquisition: New users can receive 1 L1 mining machine upon registration, which can produce a certain amount of tokens daily. This initiative effectively lowers the participation threshold for users, allowing more people to enter the cryptocurrency field and start their potential profit journey. Convenient Operation Process: Users only need to download the exclusive APP and simply click the mining button daily to complete operations and obtain profits in a short time. Additionally, the platform has set up fun activities such as red envelope lotteries and friend interaction rewards, enhancing user engagement while providing more opportunities for profit. Friend Invitation Incentive Mechanism Stablecoin Rewards: Users can earn stablecoin rewards by inviting friends to join the platform, with a maximum reward of 2U per friend. This not only helps increase the user's own earnings but also promotes the expansion of the platform's user base. Mining Machine Power Bonus: Directly inviting friends can earn a 10% power bonus, while indirectly inviting friends can earn a 5% power bonus. Furthermore, as the mining machine level increases (e.g., L3 and above), there will be additional power bonuses. This design encourages users to actively promote the platform while enhancing their own mining efficiency. Points Ranking Rewards: Invite friends to participate in the points ranking, with a weekly shared prize pool of $50,000. Users earn corresponding points for each successful invitation, and rankings are based on points, with higher rankings allowing for a larger share of the rewards. Limited-Time Welfare Activities Daily Red Envelope Lottery: The platform offers a daily red envelope lottery with prizes ranging from $5 to $20, limited to 100,000 entries. Users can participate in the lottery to gain additional profits and increase their wealth accumulation opportunities. High Registration Rewards: New users receive a maximum reward of 20U upon registration, providing initial capital support to help users integrate into the platform ecosystem more quickly. Platform Advantages and Risk Assessment From an advantage perspective, the Bomcliam platform's zero-cost participation model provides users with a low-risk opportunity to try the cryptocurrency field. Its diversified reward mechanism helps stimulate user enthusiasm and promotes platform activity. At the same time, the limited total supply of tokens and corresponding distribution and destruction mechanisms may theoretically have a certain impact on the stability and appreciation of token value. Operation Guide Participate in the Red Envelope Lottery: Users log into the Bom platform and enter the "Coin Earning Center" in the "Red Envelope Distribution" section to participate in the lottery, making sure to seize the daily lottery opportunities. Registration and Mining Operations: Register through the official designated link https://app.bomclaim.vip/index/bomo/46jp (click to open in the browser) by entering the invitation code 46jp and downloading the registration APP to obtain a free initial mining machine, following the operational process for daily mining. Steps to Invite Friends: Users share the platform with friends and invite them to register. During the friend's registration process, guide them to complete the relevant operations to ensure the smooth acquisition of invitation rewards.
Layer 3 protocol Orbs has announced the launch of Liquidity Hub V2, described as a significant upgrade to the infrastructure solution it introduced last year. The latest iteration builds upon the success of its predecessor, operating as an L3-powered meta aggregator that lets DEXs pull liquidity from anywhere, delivering optimal pricing without manual liquidity sourcing. To date, Liquidity Hub has been integrated into nine protocols and blockchains since being launched in partnership with Polygon-based decentralized exchange (DEX) QuickSwap. What’s New with Liquidity Hub 2.0? Designed to address long-standing challenges in the multichain ecosystem, the original Liquidity Hub unified fragmented liquidity and optimized pricing mechanisms, establishing the DeFi industry’s first truly integrated liquidity framework. According to Orbs , V2 introduces a slew of further enhancements and sets new standards for onchain trading execution quality to rival centralized exchanges (CEXs). Among other features, Liquidity Hub V2 enhances the trading experience through the implementation of dynamic fees, which are calculated in real-time as a percentage of achieved savings, independent of Dutch auction decay. This approach is said to ensure optimal cost efficiency for traders, even under negative slippage conditions. Another notable advancement touted by Orbs is V2’s enhanced AMM Router Price Simulation, which continuously monitors AMM prices throughout the Dutch auction process. In effect, this feature guarantees that the Liquidity Hub consistently outperforms the prices of rival Automated Market Makers like Uniswap and Raydium, particularly during volatile market conditions, resulting in more efficient and reliable trading outcomes. And then there’s V2’s LH Explorer tool, which provides an unprecedented level of visibility into transaction details. For the first time, traders can access comprehensive information about AMM simulated prices, Liquidity Hub prices, fees, gas costs, and savings, instilling greater confidence in the overall trading process. In short, Liquidity Hub 2.0 is a beefed-up version of Orbs’ flagship offering, one designed to make onchain trading more efficient for everyone. Empowering DEXs to Do More Although traders are the primary beneficiaries of the raft of improvements brought about by Liquidity Hub V2, DEX operators will also benefit from enhanced competitiveness, potentially putting them in a better position to attract more traders. Orbs’ Liquidity Hub upgrade is being implemented across all existing protocols where it’s integrated without service interruption, furnishing traders with improved liquidity prices and performance. Projects currently leveraging Liquidity Hub include hyper-liquid zkEVM solution Lumia and DEX aggregators Odos, OpenOcean, ParaSwap, and KyberSwap. Of course, the infrastructure constitutes only one part of Orbs’ stack. The L3, which supports onchain trading characterized by advanced order types (futures, decentralized derivatives) and deep liquidity, has also developed sophisticated DeFi protocols like dTWAP , which allows DEX swaps to be broken down into multiple buys for better pricing.
On December 21, the official Base announced on platform X that users can log in to the Layer3 platform to view tasks related to smart wallets and receive rewards worth a total of $50,000. This includes: $10,000 for rewarding participants of the "Aerodrome Quest" project on a first-come-first-served basis; $40,000 will be allocated to active participants who complete event tasks.
Last updated: December 10, 2024 11:59 EST The price of Shiba Inu has plummeted by 10% today, dropping to $0.00002683 as the cryptocurrency market suffers a 4% decline in the past 24 hours. SHIB is also down by 8.5% in the past week, although the meme token remains up by 19% in a month and by 160% in a year. Its fall today puts it in an oversold position, with its seven-day MVRV (market value to realized value) ratio dropping to -9% today, as more SHIB holders enter the red. Yet such falls signal that the coin is ready to rebound soon, with analysts offering some very bullish SHIB price predictions . Shiba Inu’s Rally Hits a Snag – Could More Corrections Be Around the Corner? After falling overnight, SHIB is now hitting a bottom, with its indicators suggesting that it could rebound very soon. Its relative strength index (purple) has begun climbing again after falling below 30 a few hours ago, with SHIB’s price rising by 2% in the past hour. Source: TradingView Meanwhile, the coin’s 30-period average (orange) has dropped below the 200-period average (blue), which in the immediate term indicates a selloff. Yet this selloff has now happened, so SHIB is now in a position where it can recover strongly. This is also supported by the aforementioned MVRV ratio, which has fallen beyond -9% in the past 24 hours. Not only does this indicate that SHIB holders are, on average, sitting on a 9% loss in the past week, but it also reinforces the view that the coin is currently in an undervalued position. In other words, it should bounce back strongly very soon, with similar dips in the MVRV ratio leading to their own recoveries. $SHIB in on the verge of a massive break-out. 🐶 pic.twitter.com/KODanVlouJ — Whales HQ (@WhalesHQ) December 8, 2024 On Course for Future Growth Analysts seem to think that SHIB is due for a big surge, with some suggesting in recent days that the coin is “ on the verge of a massive break-out “. It has recently suffered in the shadow of Dogecoin, which has attracted most of the attention following Donald Trump’s election victory, and Elon Musk’s ascension to co-head of the so-called Department of Government Efficiency. Yet Shiba Inu arguably has more going for it on a fundamental level, for various reasons. It has seen its burn rate increase significantly in recent weeks, for example, on the back of rising Shibarium usage . In fact, this rate has shot up by over 12,000% in the past 24 hours , resulting in the burning of 52 million SHIB. And speaking of Shibarium, its growth points to the other major reason to be bullish about Shiba Inu, which is that it has a richer ecosystem than many of its peers. Shib the Metaverse: Where the Community Meets, Dreams, and Schemes Let’s remind you that the Shib Ecosystem will finally launch Shib the Metaverse in the foreseeable future. And do we know a little more? Yes! If you’ve been paying attention to Shiba State posts, Treat, L3,… pic.twitter.com/E3iadQJs8u — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 29, 2024 There’s its layer-two network Shibarium, its DEX ShibaSwap, while it has also seen the launch of several related video games in recent months . Based on these factors, and given the overall direction of the wider market, the Shiba Inu price is likely to continue rising in the coming weeks and months. It could hit $0.000030 again by Christmas, before climbing to $0.000050 by Q2 2025. Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Delivery scenarios