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This Week on web3 5min recap

Summary of market information and major news

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mitsui
May 18, 2024
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Good morning.
This is mitsui from web3researcher.

Saturday is a summary of the week's market information and major news stories.

⛓️Blockchain

L1

As token prices have picked up in the second half of the year, the trend has been uneven, with some projects falling in price and others rising; Avalanche's NFTs have been growing at an unusual rate.

  • TRON DAO Adds Google Cloud as a Candidate for Super Representative of TRON Blockchain

  • Solana developer confesses to stealing and gambling away Cypher users' funds

  • Vitalik Buterin, Draft EIP-7706, Proposes New Call Data Gas Type for Ethereum

  • Lightning Labs is Introducing Stablecoin to the Bitcoin Blockchain

  • Three weeks after the blockbuster launch, Runes faces a drop in activity

  • Skate brings universal EVM applications to Solana and Sui with a novel intent-based architecture

  • Twitter Founder: "Bitcoin will be over $150 million by 2030"

  • Sei Token now on V2 roadmap

L2

UAW is increasing, but TVL is slightly down. On a project-by-project basis, it is generally down, but only Mode Network is growing.

  • Lens Protocol Announces Plans for Validium Chain Using ZK Stack

  • Espresso Partners with Polygon Labs to Solve Rollup Interoperability

  • Blast airdrop details released, later than planned

  • Layer 3 Degen Chain does not generate 11 hour blocks

  • inEVM" developed by Injective, integrated with "Arbitrum Orbit


💰DeFi

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