ChainCatcher news, Starknet announced a new record for transaction speed in the Ethereum Layer-2 network, with a maximum transaction rate (TPS) of 127.5 within 24 hours, and a peak reaching 857 TPS, far exceeding the previous record of 79.92 TPS set by Coinbase's Layer 2 Base.This test was jointly conducted by StarkWare, game development company Cartridge, and the Starknet Foundation, simulating large-scale user scenarios. The test game was "flippyflop," where players compete against robots, flipping tiles on a grid to generate a large number of high-frequency simple transactions, validating Starknet's scalability and TPS limits.

ChainCatcher news, according to Cointelegraph, Bitcoin mining company Marathon Digital stated at the Bitcoin 2024 conference that cross-border Bitcoin payments are its primary development goal. Julian Duran, head of Marathon's sidechain products, revealed that the company is seeking to collaborate with blockchain developers to build Bitcoin Layer-2 solutions to accelerate cross-border BTC payments. He pointed out that in emerging markets, the average cost of cross-border remittances is 8% to 10% of the transaction amount, and settlement times typically take three to four days, while Bitcoin transactions usually settle within 10 minutes, and Layer-2 solutions can be even faster.In addition, Duran emphasized that the success of any payment solution requires strict compliance with regulatory requirements, although this may increase costs. In emerging markets, regulatory approvals are often faster and cheaper, as local governments and regulatory bodies seek better cross-border payment solutions. Besides payments, Marathon is also focusing on tokenization plans for real assets, including tokenizing whiskey barrels in the U.S. and collaborating with a platform to protect French châteaux.Currently, Marathon is one of the largest Bitcoin company holders, holding approximately 20,000 Bitcoins, valued at over $1 billion, and purchased about $100 million worth of Bitcoin just in July.

ChainCatcher news, according to Cointelegraph, Van Eck's senior digital asset investment analyst Patrick Bush and digital asset research director Matthew Sigel stated in a report that the Ethereum Layer-2 scaling network will reach a market value of $1 trillion within six years and will consist of thousands of use-case-specific chains.Bush and Sigel arrived at the $1 trillion market value prediction by estimating that Ethereum will capture 60% of the market share of all public blockchains, and then estimating the amount of assets within the Ethereum ecosystem.The analysts stated that future L2s on the underlying Ethereum network could generate "significant" revenue. "We expect L2 revenue to exceed that of Ethereum, as Ethereum cannot match the transaction throughput or user experience of L2."

ChainCatcher news, Layer-1 blockchain platform Fuse Network will collaborate with Polygon Labs to utilize the capabilities of the Polygon Chain Development Kit (CDK) to create an Ethereum ZK-based Layer-2 network. This ZK-driven Layer-2 network will become Fuse's new native platform, providing users and developers with access to a renowned blockchain ecosystem.It is reported that Fuse Network is a leading Layer-1 blockchain platform that offers user-centric blockchain solutions, dedicated to expanding Web3 payments. The Polygon CDK employs cutting-edge blockchain technology, capable of providing privacy options such as zero-knowledge (ZK) technology and zero-knowledge proofs (ZKP), as well as support for the Web3 ecosystem, enabling developers to create custom Ethereum Layer-2 solutions.