ECOSYSTEMWEEKLY RECAP

Research Summary

The report provides updates on over 80 modular projects in the blockchain ecosystem. It covers significant developments, partnerships, and launches from various projects including Optimism, ZkSync, Polygon, Starknet, Scroll, Initia, Movement, Talus, Essential, Particle Network, Conduit, Caldera, GM Network, Madara Starknet, EigenLayer, Avail, OG Labs, LayerZero, Wormhole, Hyperlane, Omni, Polyhedra, Union, Skip, RiscZero, and others.

Key Takeaways

Project Developments and Partnerships

  • Optimism Superchain Fest: Optimism, a Layer 2 scaling solution for Ethereum, has launched its Superchain Fest.
  • ZkSync’s Elastic Chain: ZkSync, a Layer 2 scaling solution, announced that ZKcandy, Cronos zkEVM, and Zerion’s L2 ZERO have joined its Elastic Chain.
  • Polygon’s ZK powered L2: Polygon, a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, announced that TON Application Chain (TAC) is building a ZK powered L2 with Polygon CDK.
  • Starknet’s $STRK Staking: Starknet, a decentralized, permissionless, and censorship-resistant network, announced that $STRK staking is coming to Starknet.
  • Scroll’s Ecosystem Grants: Scroll introduced a platform for developers to apply for ecosystem grants and learn unique skills like Solidity through a series of beginner-friendly challenges.

Product Launches and Upgrades

  • Initia’s Testnet: Initia announced that part one of its testnet has ended.
  • Movement’s Smartphone: Movement announced that its smartphone is coming soon.
  • Conduit’s Optimism Fjord Upgrade: Conduit, a protocol for creating yield-optimized rollup chains, announced that the Optimism Fjord Upgrade is now live on Conduit.
  • Caldera’s Soulbound NFT: Caldera announced that its Soulbound NFT claim is now live on Galxe.
  • GM Network’s MACH AVS Mainnet: GM Network announced the launch of GM Network MACH AVS Mainnet on EigenLayer powered by Alt Layer.

Actionable Insights

  • Monitor the Progress of Layer 2 Solutions: With the ongoing developments in Layer 2 solutions like Optimism, ZkSync, and Polygon, it’s crucial to keep an eye on their progress as they could significantly impact the scalability and efficiency of blockchain networks.
  • Explore Opportunities in Ecosystem Grants: Developers and blockchain enthusiasts should explore opportunities in ecosystem grants, like the one offered by Scroll, to learn new skills and contribute to the blockchain ecosystem.
  • Understand the Impact of Staking: With Starknet announcing $STRK staking, it’s important to understand the impact of staking on the network’s security and the potential rewards for token holders.
  • Assess the Potential of NFTs: Caldera’s Soulbound NFT claim going live on Galxe highlights the ongoing interest in NFTs. Assessing the potential of NFTs in various blockchain projects could provide insights into future trends.
  • Stay Updated on Mainnet Launches: Mainnet launches, like GM Network’s MACH AVS Mainnet, often signify a significant milestone for blockchain projects. Staying updated on these launches could provide insights into the project’s development and potential growth.

Related Research