This Week on web3 5min recap

Market information, major news, and fundraising status for 6/22~28.

Good morning.
This is mitsui from web3researcher.

Every Monday will be a recap of the past week's web3 market. Please use it to catch up on information and trends!

1) Market information and major news
2) 24 funded projects
3) Articles and recap updated in the last week

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(1) Market Information and Major News

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⛓️Blockchain

L1

Solana is up on the ETF news, and most of the others are down a bit; TON and AVAX are up as well.

• Ronin Network" specialized for web3 games, enables construction of zkEVM chains utilizing polygon CDK.

• Mysten Labs of Sui (SUI) unveils Walrus, a distributed storage and DA protocol.

• Panthera Capital establishes a fund for the purpose of investing in Telegram's TON.

• Solana will be supported by Worldcoin's World ID

• SOL surges 6% on VanEck's spot solana ETF application

• Crypto Experts Question Whether Solana ETF Will Be Approved Anytime Soon

• Solana Foundation Unveils Tool to Turn Any Website or App into a Starting Point for Cryptocurrency Transactions

• Solana Significantly Reduces Blockchain Storage Costs with ZK Compression Technology

L2

Overall, the week was a bit of a down week, with only Scroll seeing a significant increase.

• Zerion Deploys Test Net for Layer 2 Rollup Developed Using ZK Stack

• Listing of Ether L2 "Blast (BLAST)" on Coinbase and other major exchanges.

• Ethereum L2 "Blast", Blast Foundation established to manage the governance of the protocol.

• Disappointment Gathers for Blast Airdrop

• Layer Zero Token Claims Record $3.4 Million in Arbitrum Daily Revenue

• ZKsync Developer's New "Elastic Chain" May Conflict with Polygon's AggLayer

• Bitcoin Virtual Machine Team Deploys ZK Rollup Service for Bitcoin Expansion

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💰DeFi

Overall, TVL is falling.