Research Summary
The report provides a comprehensive roundup of the latest developments in the Layer 2 and Modular Blockchain space for the week of 11th – 17th February. It covers updates from various blockchain platforms including Arbitrum, Starknet, Linea, Aevo, Zora, Mode, Degate, Paradex, Kroma, Lyra, Immutable, rhinofi, Myria, Movement, Eclipse, Berachain, Dymension, Saga, Conduit, AltLayer, Gelato, Lumoz, Celestia, Avail, NEAR, and Omni.
Key Takeaways
Rollups and Validium
- Arbitrum’s Expansion: Yuga Labs announced the winner of AIP-378, with Apechain chain set to join Arbitrum. This could potentially increase the platform’s user base and transaction volume.
- Starknet’s Provision Program: Starknet Foundation announced the Starknet Provision Program, which could enhance the platform’s functionality and user experience.
- Linea’s Mainnet Launch: Linea Alpha v2 is now live on Mainnet, marking a significant milestone in the platform’s development.
- Immutable’s Game Launch: Immutable announced that “Pixelmon” is officially launching its battle arena on Immutable zkEVM, indicating a growing interest in blockchain-based gaming.
VM and Sequencing
- Myria’s Quest Addition: Myria announced that Haven’s Compass has added a quest for Myria Node owners, which could increase user engagement on the platform.
- Movement’s Partnerships: Movement announced partnerships with Hyacinth and $STONE, which could enhance the platform’s security and liquidity.
- Omni’s Open Source Codebase: Omni Network open sourced its Codebase, potentially attracting more developers to the platform.
Data Availability and Infra Provider
- Celestia’s Use by Syndicate: Syndicate, an L3 base chain on Optimism, is set to use Celestia DA, which could increase Celestia’s visibility in the blockchain space.
- Avail’s Partnership with Ternoa: Avail announced that Ternoa will use its DA to build their zkEVM L2 powered by decentralized TEE co-processors, potentially enhancing Ternoa’s performance and security.
- Dymension’s Governance Proposal: Dymension announced the passing of its first governance proposal, indicating a successful implementation of its governance model.
Actionable Insights
- Monitor the Impact of Apechain’s Integration with Arbitrum: The integration of Apechain with Arbitrum could potentially increase the platform’s user base and transaction volume. Stakeholders should monitor the impact of this integration on Arbitrum’s performance and market position.
- Assess the Potential of Blockchain-Based Gaming: The launch of “Pixelmon” on Immutable zkEVM indicates a growing interest in blockchain-based gaming. Stakeholders should assess the potential of this sector for future growth and investment.
- Consider the Implications of Open Source Codebases: Omni Network’s decision to open source its Codebase could attract more developers to the platform. Stakeholders should consider the implications of open source codebases for platform development and community engagement.
- Examine the Role of Data Availability in Blockchain Performance: The use of Celestia DA by Syndicate and Avail’s partnership with Ternoa highlight the importance of data availability in enhancing blockchain performance and security. Stakeholders should examine the role of data availability in blockchain performance and consider its implications for future developments.
