Research Summary
The article highlights the imminent launch of Fraxchain, a hybrid L2 that uses $sfrxETH as gas fees, and the founder’s support for Ouroboros Capital’s token buyback proposal. It also mentions the announcement of opBNB, an L2 based on Optimism’s OpStack, by BNB Chain. Other significant updates include the surge in RWA TVL on Ethereum, the launch of Ambient Finance on Ethereum, and the introduction of $zETH by Zunami Protocol. The document also covers governance proposals, upcoming events, and news in the crypto industry.
Actionable Insights
- Monitor developments related to Fraxchain: The imminent launch of Fraxchain, a hybrid L2 that uses $sfrxETH as gas fees, could have significant implications for the crypto market.
- Keep an eye on BNB Chain’s opBNB: The announcement of opBNB, an L2 based on Optimism’s OpStack, by BNB Chain is another development to watch.
- Track the growth of RWA TVL on Ethereum: The surge in RWA TVL on Ethereum, led by tokenized securities, indicates a growing trend that could impact the market.
- Watch out for the performance of Ambient Finance: The launch of Ambient Finance, an innovative DEX with a unique AMM design, on Ethereum could present new opportunities.
- Follow Zunami Protocol’s $zETH: The introduction of $zETH by Zunami Protocol is a significant development that could influence the stablecoin market.
