Research Summary
The research report discusses the potential of Layer-2 rollups choosing Ethereum as the settlement layer for Zero-Knowledge Proofs (ZKPs) due to its network security, transparency, and immutability. Aligned, the company behind the report, predicts that by 2030, Ethereum will capture 66% of the ZKP market through ZK-rollups. The report also highlights the success of Momoka in decreasing the unit cost of Lens and improving stability, which are key factors for building a foundational layer for future consumer applications. Furthermore, Sphere, a payments platform built on Solana, has partnered with Helium to offer a streamlined fiat on-ramp experience.
Actionable Insights
- Consider the potential of Ethereum: With its predicted dominance in the ZKP market through ZK-rollups, Ethereum could be a key player in the future of blockchain technology.
- Monitor the progress of Momoka: Its success in reducing the unit cost of Lens and improving stability could have significant implications for the development of future consumer applications.
- Keep an eye on Sphere’s partnership with Helium: This collaboration could simplify the process for individuals and businesses seeking to leverage Helium, enabling them to transact in fiat and utilize the network’s services without the need to acquire and hold tokens.
