ChainCatcher news, according to The Block, Zerion has launched its Ethereum Layer 2 network ZERO Network, allowing Zerion Wallet users to be exempt from Gas fees when trading, minting, exchanging, and cross-chain transactions.ZERO Network is built on ZKsync technology and is part of the Elastic Chain ecosystem, utilizing a dynamic scoring system "Onchain DNA" to assess whether an address qualifies for Gas-free transactions.Zerion also announced that it has secured an undisclosed amount of funding from angel investors, including Cooper Turley, Spencer Noon, Yearn chief developer Banteg, Alex Gluchowski, Patricio Worthalter, and NBA player Duncan Robinson. According to the project, angel investors from companies such as Lido, Daylight, Celestia, ETHGlobal, and OpenSea also participated.

ChainCatcher news, according to official sources, OKX Ventures has announced an investment in Corn, marking an important step in introducing Bitcoin applications within the Ethereum ecosystem. Corn is based on Arbitrum and integrates support from Coinbase, enabling BTC holders to easily access the Ethereum DeFi ecosystem. Through a unique, secure, and sustainable approach, Corn maximizes the potential of Bitcoin and has achieved several significant milestones, such as becoming the first Ethereum L2 network to use hybrid tokenized Bitcoin (BTCN) as Gas fees, and also the first network to implement Bitcoin security guarantees through Babylon, supporting BTC LST liquidity.At the core of Corn's innovation is BTCN, a hybrid tokenized Bitcoin supported 1:1 by native BTC. This unique model allows BTC holders to use BTC to pay Gas fees within the Ethereum DeFi ecosystem, preserving the core value of Bitcoin. Users can easily cross-chain their BTC to the Ethereum ecosystem with just one click.The ecosystem development of the Corn network is driven by its CORN token (popCORN) staking program, allowing community members to direct earnings towards ecological applications. This approach ensures sustainable growth of the network and incentivizes community members to actively participate in the network's development.

According to ChainCatcher news and L2BEAT data, the current total locked value of the Ethereum Layer 2 network is $36.33 billion, down 4.84% over the past 7 days. The top five in locked value are: Arbitrum One ($13.36 billion, down 2.87% over the past 7 days); Base ($7.53 billion, down 4.75% over the past 7 days); OP Mainnet ($5.9 billion, down 7.68% over the past 7 days); Mantle ($1.35 billion, down 5.84% over the past 7 days); Blast ($1.32 billion, down 8.6% over the past 7 days).

ChainCatcher news, according to Cointelegraph, Web3 infrastructure provider Ava Protocol has partnered with Sony Block Solutions Labs' Layer 2 blockchain Soneium.This collaboration will integrate Ava Protocol's intent-based no-code automation into the Soneium Spark incubation program, aimed at supporting developers and creators. It simplifies the blockchain experience for developers and non-technical users.

ChainCatcher news, stablecoin protocol Usual has partnered with LayerZero. With LayerZero's cross-chain interoperability, the Usual protocol will introduce Layer 2 networks.In addition, Usual stated that it is also focusing on collaborations in CeFi and other areas, aiming to establish a seamless bridge between decentralized finance and traditional finance.

ChainCatcher news, the Bitcoin Layer 2 network open project Zulu Network announced the completion of a seed round financing, with participation from Draper Dragon, CGV, Web3.com Ventures, PANONY, D11 Labs, and Splinter Node Capital. It is reported that Zulu aims to unlock a new type of infrastructure for the Bitcoin economy and change the Bitcoin Layer 2 paradigm, having previously secured $3 million in seed pre-financing earlier this year.

ChainCatcher message, the Ethereum Layer2 network Soneium, jointly developed by Sony and Startale Labs, released a graphic with "08.28.2024" on X, which may hint at the launch of the testnet on August 28.

ChainCatcher news, according to L2BEAT data, the current total locked value of the Ethereum Layer 2 network is $38.87 billion, with a 7-day increase of 8.26%. The top five in locked value are: Arbitrum One ($15.84 billion, 7-day increase of 7%); Base ($6.54 billion, 7-day increase of 6.3%); OP Mainnet ($6.13 billion, 7-day increase of 11.22%); Blast ($1.77 billion, 7-day increase of 2.52%); Mantle ($1.26 billion, 7-day increase of 6.11%).

ChainCatcher news, according to Coindesk, Japanese giant Sony Group and Singapore's Startale Labs announced on Friday that they will launch a new Layer 2 network called Soneium on the Ethereum blockchain. Soneium is expected to go live on the test network in the coming days, utilizing Optimism Rollup technology and built using the OP Stack of the Optimism blockchain ecosystem.It is reported that the CEO of Startale Labs is Sota Watanabe, who is also the head of Sony Block Solutions Labs and a co-founder of Astar Network.

ChainCatcher news, according to The Block, the on-chain credit market Clearpool is developing a Layer2 network called Ozean based on the OP Stack, and will donate a portion of its revenue to the Optimism Collective.Ozean plans to integrate real-world assets into DeFi in a compliant manner, providing native on-chain yields through a new staking mechanism using the CPOOL token.

ChainCatcher news, according to The Block, the open-source communication platform Status based on Ethereum has announced a partnership with Consensys-supported Linea to launch a Layer 2 scaling solution. The two parties are collaborating to develop a Layer 2 network called Status Network, which will run in parallel with Linea's zkEVM chain. Status core contributor Cyprien Grau stated, "By launching Status Network, we aim to build the infrastructure necessary to support a decentralized applications and services ecosystem."Linea's global head Nicolas Liochon remarked, "Given Status's contributions to the core operations of Ethereum and its consumer-facing Status application, our collaboration with Status is a natural fit." The Ethereum consensus client Nimbus developed by Status will be transformed into a Linea client. This collaboration will focus on decentralizing Linea's ordering and proving processes and will support innovative initiatives in areas such as public financing, social applications, GameFi, and governance experiments.

ChainCatcher news, according to L2BEAT data, the current total locked value of the Ethereum Layer 2 network is $36.04 billion, with a 3.34% decrease over the past seven days.The top five in locked value are: Arbitrum One ($14.78 billion, 7-day decrease of 2.34%); Base ($6.1 billion, 7-day decrease of 4.16%); OP Mainnet ($5.51 billion, 7-day decrease of 4.3%); Blast ($1.74 billion, 7-day decrease of 4.12%); Mantle ($1.19 billion, 7-day decrease of 0.16%).

ChainCatcher news, according to L2BEAT data, the current total locked value of Ethereum Layer 2 networks is $38.67 billion, down 10.03% in the last 7 days.The top five locked values are: Arbitrum One ($15.66 billion, down 8.36% in the last 7 days); Base ($6.46 billion, down 9.24% in the last 7 days); OP Mainnet ($5.79 billion, down 10.16% in the last 7 days); Blast ($2.01 billion, down 12.36% in the last 7 days); Mantle ($1.23 billion, down 5.91% in the last 7 days).

ChainCatcher news, Galaxy Research stated in a report that the vast majority of Bitcoin rollups will be unsustainable. Due to transaction fees, Bitcoin rollups require millions of dollars annually to maintain.Galaxy wrote, "Each individual data publication transaction can occupy up to 400KB (0.4MB) of block space, effectively taking up 10% of an entire block." With multiple rollups expected, data is anticipated to be published every 6 to 8 blocks, which could quickly push the base layer fees to new highs and make small transactions too expensive. Given the competition for block space, only rollups that can generate the most fee revenue and pay block fees will be able to sustain operations.Galaxy estimates that in a low-fee environment, when the average transaction cost is 10 sat/VB, rollups will incur $460,000 in monthly fees to maintain Bitcoin's security. In a high-fee environment of 50 sat/VB, when Ordinals or tokens minted through Runes or the BRC-20 standard are frequently active, monthly costs could reach $2.3 million.

ChainCatcher message, according to L2BEAT data, the current total locked value of the Ethereum Layer 2 network is $42.74 billion, down 5.76% over the past 7 days. The top five locked values are: Arbitrum One ($17 billion, down 5.21% over the past 7 days); Base ($7.08 billion, down 4.96% over the past 7 days); OP Mainnet ($6.41 billion, down 6.29% over the past 7 days); Blast ($2.29 billion, down 13.35% over the past 7 days); Scroll ($1.31 billion, up 2.53% over the past 7 days).

ChainCatcher news, according to official information, BEVM has officially launched the Sats Network, a Bitcoin Layer 2 network built on the BEVM-Stack that uses BRC20 inscribed Sats as gas.This network employs BEVM's unique Taproot Consensus technology framework, enjoying network security equivalent to that of BEVM. The network will allow Sats holders to become validation nodes of the Sats Network by staking Sats to earn network gas rewards. The officials stated that the Sats Network will be fully operated and governed by community users.

ChainCatcher news, focusing on RWA's Layer 2 network Plume Network announced on platform X that its testnet activities have now begun.Previous news, Plume Network launched Plume Goon NFT, kicking off the first phase of testnet activities.

ChainCatcher news, WORLD3 announced that it will issue AI-powered digital assets (DOB) called SOUL Dragons on the BTC Layer 2 network CKB, and the whitelist early access event will officially start today.WORLD3 launched the SOUL Dragons official website on June 26, and simultaneously opened the whitelist invitation competition and related tasks on its task platform WORLD3 QUEST. Users can gain whitelist eligibility by participating in the invitation competition, platform tasks, and Giveaway events.SOUL Dragons is an on-chain AI companion DOB that can retain memory of conversations with users and develop different personalities through chat and behavioral interactions in a 3D world, ultimately forming an autonomous world similar to Westworld. Additionally, holders of SOUL Dragons will gain early access to new features and token airdrops from WORLD3 in the future.@WORLD3_AI is the next generation of AI-driven fully autonomous worlds, with its on-chain state and AI model information permanently etched on BTC through recursive aggregation. Previously, WORLD3 has raised over $6 million in funding.