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😍😍😍 $SEI surges 13% amid launch of #mainnet beta v2
SEI Token Surges 13% Following Launch of Sei v2 Mainnet Beta
The native token of the #layer1 blockchain Sei, SEI, has surged 13% after the launch of the beta version of its Sei v2 mainnet, touted as the “most performant EVM blockchain ever built.”
As of the latest data from CoinMarketCap, SEI is trading at $0.3422, marking a 12.5% increase in the last 24 hours. The token also saw a significant daily trading volume of $211 million, reflecting a 48.2% rise in value for the blockchain, which is specifically designed to provide a competitive edge for exchanges through efficient trading capabilities.
This recent spike in SEI’s market value aligns with the Sei team’s announcement of the Sei v2 mainnet beta, which they claim is the most performant EVM blockchain developed to date. The network, renowned for its fast and cost-effective crypto trading, has further enhanced its system by integrating Geth.
Key Developments:
- #EVM Compatibility: Sei v2 includes Ethereum Virtual Machine (EVM) compatibility, leveraging the popular Ethereum software widely used by developers for building decentralized applications (dapps) and other web3 solutions on Ethereum.
- Previous Launch: The initial beta version, Sei v1 mainnet, was built using the Cosmos SDK and launched in August 2023. This followed two successful funding rounds, raising $30 million from investors such as Jump Trading and Multicoin Capital.
- New Grant Fund: The Sei Foundation has announced a new $10 million grant fund aimed at promoting growth in #NFT and Social projects. This initiative will support a diverse range of creators and builders, focusing on collections, applications, infrastructure, content creation, and in-real-life (IRL) events.
The recent advancements and funding initiatives underline Sei’s commitment to enhancing its blockchain’s performance and supporting the broader crypto ecosystem.
Source - crypto.news
#BinanceSquareTalks
SEI Token Surges 13% Following Launch of Sei v2 Mainnet Beta
The native token of the #layer1 blockchain Sei, SEI, has surged 13% after the launch of the beta version of its Sei v2 mainnet, touted as the “most performant EVM blockchain ever built.”
As of the latest data from CoinMarketCap, SEI is trading at $0.3422, marking a 12.5% increase in the last 24 hours. The token also saw a significant daily trading volume of $211 million, reflecting a 48.2% rise in value for the blockchain, which is specifically designed to provide a competitive edge for exchanges through efficient trading capabilities.
This recent spike in SEI’s market value aligns with the Sei team’s announcement of the Sei v2 mainnet beta, which they claim is the most performant EVM blockchain developed to date. The network, renowned for its fast and cost-effective crypto trading, has further enhanced its system by integrating Geth.
Key Developments:
- #EVM Compatibility: Sei v2 includes Ethereum Virtual Machine (EVM) compatibility, leveraging the popular Ethereum software widely used by developers for building decentralized applications (dapps) and other web3 solutions on Ethereum.
- Previous Launch: The initial beta version, Sei v1 mainnet, was built using the Cosmos SDK and launched in August 2023. This followed two successful funding rounds, raising $30 million from investors such as Jump Trading and Multicoin Capital.
- New Grant Fund: The Sei Foundation has announced a new $10 million grant fund aimed at promoting growth in #NFT and Social projects. This initiative will support a diverse range of creators and builders, focusing on collections, applications, infrastructure, content creation, and in-real-life (IRL) events.
The recent advancements and funding initiatives underline Sei’s commitment to enhancing its blockchain’s performance and supporting the broader crypto ecosystem.
Source - crypto.news
#BinanceSquareTalks
The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM mainnet, enabling interoperability between two of the world’s most prominent blockchain ecosystems.
#blockchain #crypto2023 #dyor #mainnet
#blockchain #crypto2023 #dyor #mainnet
The smart contracts for $crvUSD, the native stablecoin of Curve, are now live on the mainnet. However, it is not finalized yet because UI also needs to be deployed.
#Stablecoins #crypto2023 #dyor #mainnet
#Stablecoins #crypto2023 #dyor #mainnet
#Injective to release #Volan Mainnet Upgrade.
The Volan #mainnet has undergone an upgrade that aims to speed up transactions by bypassing indexers and publishing transactions directly on the #blockchain. The upgrade has also improved interoperability by iterating the Inter-Blockchain Communication (IBC) Protocol. Furthermore, Injective has launched the Real World Asset #RWA Module, which provides a method for developing and overseeing permissioned assets with a wide range of customization choices. Additionally, the update has optimized the token economics and improved the token burning process.
👉 blog.injective.com/en/a-new-era-of-injective-the-volan-mainnet-upgrade/
The Volan #mainnet has undergone an upgrade that aims to speed up transactions by bypassing indexers and publishing transactions directly on the #blockchain. The upgrade has also improved interoperability by iterating the Inter-Blockchain Communication (IBC) Protocol. Furthermore, Injective has launched the Real World Asset #RWA Module, which provides a method for developing and overseeing permissioned assets with a wide range of customization choices. Additionally, the update has optimized the token economics and improved the token burning process.
👉 blog.injective.com/en/a-new-era-of-injective-the-volan-mainnet-upgrade/
Trekki NFT — a 10,000-piece NFT collection incubated by Trip.com — is integrating Chainlink Verifiable Random Function (VRF) on Ethereum mainnet.
#nfts #crypto2023
#mainnet
#nfts #crypto2023
#mainnet
Solana has confirmed an outage on its blockchain, causing block progression to halt.
“Engineers from across the ecosystem are investigating an outage on mainnet-beta,” Solana stated in an incident report.
“Solana mainnet-beta is experiencing a performance degradation, block progression is currently halted, core engineers and validators are actively investigating,” blockchain software company and Solana validator Laine posted on X.
Solana later confirmed that engineers were readying a new validator software release — including a patch to address the issue which caused the halt. "Validator operators should prepare for an upgrade and restart of the network," it said.
#Write2Earn #Solana-SOL #mainnet
“Engineers from across the ecosystem are investigating an outage on mainnet-beta,” Solana stated in an incident report.
“Solana mainnet-beta is experiencing a performance degradation, block progression is currently halted, core engineers and validators are actively investigating,” blockchain software company and Solana validator Laine posted on X.
Solana later confirmed that engineers were readying a new validator software release — including a patch to address the issue which caused the halt. "Validator operators should prepare for an upgrade and restart of the network," it said.
#Write2Earn #Solana-SOL #mainnet
#Injective Weekly Recap🎯
✔️$44 Million $INJ Staked
✔️50 Million Blocks Produced
✔️Injective X #binance Web3 Wallet Integration
✔️In celebration of the Injective’s Second #mainnet Anniversary, its ecosystem has been replenished by the first-ever native Injective wallet, #ninjiwallet , and 3 new dApps: #Gryphon, aeroscraper and NexBitNetwork.
✔️$BTC /$INJ trading contest on injective by #LevanaProtocol is on now.
👉 twitter.com/Levana_protoco…
✔️$44 Million $INJ Staked
✔️50 Million Blocks Produced
✔️Injective X #binance Web3 Wallet Integration
✔️In celebration of the Injective’s Second #mainnet Anniversary, its ecosystem has been replenished by the first-ever native Injective wallet, #ninjiwallet , and 3 new dApps: #Gryphon, aeroscraper and NexBitNetwork.
✔️$BTC /$INJ trading contest on injective by #LevanaProtocol is on now.
👉 twitter.com/Levana_protoco…
Sui has announced the launch of its mainnet on May 3rd
#Sui , a Layer 1 #blockchain and smart contract platform developed by Mysten Labs has announced the launch of its #mainnet on May 3. Previously, Sui has announced the token Community Access Program and #SUI token sale.
#Sui , a Layer 1 #blockchain and smart contract platform developed by Mysten Labs has announced the launch of its #mainnet on May 3. Previously, Sui has announced the token Community Access Program and #SUI token sale.
#Binance Will Support the Swipe (SXP) Mainnet Swap & Rebranding Plan to Solar (SXP)
#crypto2023 #sxp #solar #mainnet
#crypto2023 #sxp #solar #mainnet
layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem.
#AreonNetwork #Areon #mainnet
#AreonNetwork #Areon #mainnet
🔥 #Archway goes live on #mainnet in #Cosmos ecosystem
Blockchain development firm #PhiLabs has rolled out Archway, a Layer 1 #blockchain within the Cosmos ecosystem.
Blockchain development firm #PhiLabs has rolled out Archway, a Layer 1 #blockchain within the Cosmos ecosystem.
The Ethereum mainnet experienced a disruption on Thursday, May 11, when blocks were being proposed but not fully confirmed for about 25 minutes. This resulted in a loss of finality, meaning that some transactions could have been reversed or invalidated.
#crypto2023 #Ethereum #mainnet #dyor
#crypto2023 #Ethereum #mainnet #dyor
Base, the Layer2 network launched by Coinbase and built on OP Stack, released an article to explain its roadmap towards mainnet launch.
#layer2 #crypto2023 #mainnet #dyor
#layer2 #crypto2023 #mainnet #dyor
Tokamak Network is planning to launch its own Layer 2 mainnet soon.
#Layer2 #crypto2023 #mainnet #dyor
#Layer2 #crypto2023 #mainnet #dyor
Evaluating Blast Ethereum L2 Mainnet: A Comparative and Risk-Adjusted Approach
Introduction:
The emergence of Blast Ethereum L2 Mainnet has introduced a novel contender in the realm of Layer 2 scaling solutions for the Ethereum blockchain. This evaluation aims to compare Blast to established L2 solutions and assess its potential as an investment opportunity for generating passive income.
Comparative Analysis:
Blast distinguishes itself from its peers through:
Native Yields: Offering inherent yield generation for ETH and stablecoins, achieved through auto-rebasing and T-Bill integration.
Improved Scalability: Boasting significantly faster transaction speeds and lower fees compared to the Ethereum mainnet.
However, established Layer 2 solutions like Arbitrum and Optimism possess:
Maturity & Security: A longer track record and established security procedures.
Extensive Ecosystem: A well-developed ecosystem of DeFi protocols and applications.
Investment Potential and Earning Opportunities:
Blast's recent launch and unique features present potential avenues for passive income generation, including:
Staking: The ability to earn rewards by staking ETH or stablecoins within the Blast network.
Yield Farming (Potential): As the ecosystem matures, opportunities for yield farming with Blast's native token (BLST) might arise.
However, significant risks must be acknowledged:
Novelty: Blast's recent launch inherently carries risks associated with young platforms, such as potential bugs, security vulnerabilities, and unforeseen challenges.
Sustainability Uncertainty: The long-term viability of Blast's native yield model remains unproven.
Centralization Concerns: Specific aspects of Blast's governance structure have raised concerns regarding potential centralization.
Conclusion:
Therefore, a thorough and meticulous evaluation is crucial before considering any investment in Blast. This evaluation should involve comprehensive research, careful consideration of individual risk tolerance, and adhering to the principle of never investing more than one can afford to lose.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct independent research before making any investment decisions. #TrendingTopic #Blastecosystem #Layer2 #Ethereum(ETH) #mainnet
The emergence of Blast Ethereum L2 Mainnet has introduced a novel contender in the realm of Layer 2 scaling solutions for the Ethereum blockchain. This evaluation aims to compare Blast to established L2 solutions and assess its potential as an investment opportunity for generating passive income.
Comparative Analysis:
Blast distinguishes itself from its peers through:
Native Yields: Offering inherent yield generation for ETH and stablecoins, achieved through auto-rebasing and T-Bill integration.
Improved Scalability: Boasting significantly faster transaction speeds and lower fees compared to the Ethereum mainnet.
However, established Layer 2 solutions like Arbitrum and Optimism possess:
Maturity & Security: A longer track record and established security procedures.
Extensive Ecosystem: A well-developed ecosystem of DeFi protocols and applications.
Investment Potential and Earning Opportunities:
Blast's recent launch and unique features present potential avenues for passive income generation, including:
Staking: The ability to earn rewards by staking ETH or stablecoins within the Blast network.
Yield Farming (Potential): As the ecosystem matures, opportunities for yield farming with Blast's native token (BLST) might arise.
However, significant risks must be acknowledged:
Novelty: Blast's recent launch inherently carries risks associated with young platforms, such as potential bugs, security vulnerabilities, and unforeseen challenges.
Sustainability Uncertainty: The long-term viability of Blast's native yield model remains unproven.
Centralization Concerns: Specific aspects of Blast's governance structure have raised concerns regarding potential centralization.
Conclusion:
Therefore, a thorough and meticulous evaluation is crucial before considering any investment in Blast. This evaluation should involve comprehensive research, careful consideration of individual risk tolerance, and adhering to the principle of never investing more than one can afford to lose.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct independent research before making any investment decisions. #TrendingTopic #Blastecosystem #Layer2 #Ethereum(ETH) #mainnet
Blast, an Ethereum Layer-2 Scaling Network Launches and Unlocks Billions in Funds
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3💰 billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.📈
- Follow me for every crypto update and must do like comment for my inspiration.🙌❤️
$ETH
#TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3💰 billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.📈
- Follow me for every crypto update and must do like comment for my inspiration.🙌❤️
$ETH
#TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
⚡ #SuiNetwork #SUI has announced the launch of its mainnet on May 3rd
Sui Network, a #layer1 #blockchain developed by Mysten Labs, will launch its #mainnet on May 3rd.
Sui Network, a #layer1 #blockchain developed by Mysten Labs, will launch its #mainnet on May 3rd.
DeXe Protocol Launches on BNB Chain Mainnet
DeXe Protocol has officially launched on the #BNBChain #mainnet , introducing features such as decentralized treasuries, a meritocracy system, and automatic reward distribution. Thorough security audits have been conducted, and the open-source smart contract code is available for community review.
Operating under decentralized governance through the #DeXe Protocol #DAO , the platform aims to enhance decentralized governance efficiency. The launch includes a Rewards Program for DAO members, where the community can earn an #NFT with a reward multiplier ranging from x3 to x13.
DeXe Protocol has officially launched on the #BNBChain #mainnet , introducing features such as decentralized treasuries, a meritocracy system, and automatic reward distribution. Thorough security audits have been conducted, and the open-source smart contract code is available for community review.
Operating under decentralized governance through the #DeXe Protocol #DAO , the platform aims to enhance decentralized governance efficiency. The launch includes a Rewards Program for DAO members, where the community can earn an #NFT with a reward multiplier ranging from x3 to x13.
