This Week on web3 5min recap

Market information and major news from 3/29~4/4.

Good morning.
Mitsui from web3 researcher.

This is a summary article about the web3 market for the last week.We have gathered information from over 20 national and international media outlets and newsletters and have picked out news from them.Please use it to catch up on information and trends!

💥News Pickup
📊Market &News (L1, L2, DeFi, NFT, GameFi, AI, Other)

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💥News Pickup

🗺️Vitalik Proposes New Roadmap to Strengthen Ethernet's L2 Security and Finality

• Vitalik Buterin proposes a new framework for layer 2 (L2) rollup security that could bring faster finality and stronger trust assurance to the ethereum scaling ecosystem

• Outlines a roadmap built around a hybrid proof architecture that combines zero-knowledge proofs, optimistic rollups, and trusted execution environments (TEE) and avoids excessive reliance on a single system

📈Sonic's TVL Surpasses $1 Billion

• Sonic continues its upward trend as the chain's TVL crosses the $1 billion level

• The chain's TVL increased 6% last week, making Sonic the 12th largest blockchain at $1.04 billion, just ahead of Aptos, which boasts a TVL of $1.07 billion.

• The network's daily active users (DAUs) are also near record highs, averaging 57,000 DAUs over the past seven days

• This was likely triggered by the HeyAnon project

💰Ethena Labs' USDtb Stable Coin Surges 1,500%, Enters Top 10 Stablecoins

• Ethena Labs' synthetic stablecoin, USDtb, surged 1,500% in market capitalization in March, becoming the 8th largest stablecoin by market capitalization

• USDtb's market capitalization is hovering around $1.4 billion, up 25% in the past week alone

• The synthetic stablecoin is backed by BlackRock's BUIDL fund, with over 90% of its reserves held in BUIDL