According to ChainCatcher news, the official version of Polkadot 2.0 is expected to go live in the first quarter of 2025, as disclosed by blockchain infrastructure company Parity Technologies. A key feature of Polkadot 2.0, Elastic Scaling, is currently undergoing early testing on the Kusama network, supporting a single parachain to use multiple cores to enhance network performance.

ChainCatcher message, Coinbase Assets posted on platform X stating that any accusations against Coinbase for not supporting Ethereum scalability are unfounded. Coinbase focuses on being a bridge to the crypto economy and supports L1 and L2.Additionally, Coinbase stated that while it currently does not support the technical migration of CELO L2, it plans to reassess its support after the migration is completed.

ChainCatcher news, ZK full-chain data proof platform Brevis Network announced the completion of a $7.5 million seed round financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, HashKey Capital, and others.According to reports, Brevis is a ZK co-processor or computing network designed to enhance blockchain scalability through ZK proofs. By performing complex tasks such as data processing off-chain and only sending verified proofs back to the blockchain, Brevis aims to alleviate the workload of the blockchain, increase speed, and reduce costs.

ChainCatcher news, Vitalik Buterin tweeted emphasizing that Layer 2 (L2) technology has finally become affordable, which is key to the widespread adoption of decentralized finance (DeFi). He proposed as early as 2020 that low transaction fees are the foundation of success in the crypto industry, and this has only recently become a reality.Robert Sasu, a core engineer at MultiverseX, responded that L2 currently has low fees only in centralized situations. Vitalik disagreed with this view and pointed out that Taiko is a decentralized based rollup solution, indicating that the fees for decentralized L2s like Taiko have reached an affordable level. Sasu agreed but added that rollup-based solutions are still in the minority and hopes that more projects will migrate to this architecture.

ChainCatcher news, according to The Block, the Bitcoin Virtual Machine (BVM) team launched the BitZK service last week, which is a solution based on zero-knowledge proofs (ZK proofs) aimed at enhancing Bitcoin's scalability. The BitZK service allows users to create rollups and migrate applications from the Ethereum network to the Bitcoin network.Currently, BVM charges at least $99 per month for its BitZK service and has attracted a group of early users, including Bitcoin Layer 2 projects RWA Chain, POWD3R Blockchain, and Octopus Bridge.

ChainCatcher news, Solana ecosystem development platform Helius CEO Mert Mumtaz announced on social media that ZK compression is being introduced to Solana, and ZK compression will be performed directly on L1 without the need for L2.Mumtaz stated that this move will greatly enhance the scalability of the Solana network and is a step towards building a financial computer—an unstoppable, global, light-speed synchronized atomic state machine.

ChainCatcher news, Ronin announced on social media that it has launched Ronin zkEVM. On-chain builders will be able to create their own zkEVM L2 blockchain on Ronin using the Polygon Blockchain Development Kit (CDK), marking an important step for Ronin towards infinite scalability.

ChainCatcher news, according to Cointelegraph, due to the sudden surge in TPS of Ethereum Layer3, the transaction volume per second (TPS) of the Ethereum ecosystem has skyrocketed to a historic high.L2BEAT data shows that on June 16, the Ethereum scaling network, including Layer2 and Layer3 blockchains, recorded a total of 246.18 TPS, equivalent to approximately 21.2 million transactions throughout the day. Among these, over 41% of the transactions occurred on Xai, a new Ethereum Layer3 scaling solution focused on gaming applications. Before June 10, Xai's TPS hovered around 1 per day, but has been rising almost daily since then, reaching a peak of 101.72 TPS on June 16.

ChainCatcher news, ENS Labs has proposed the ENSv2 upgrade to migrate services to the L2 network.According to ENS Labs, ENSv2 aims to enhance scalability and reduce gas fees by transferring core functionalities from the Ethereum mainnet to L2 chains. If the proposal is accepted, users will benefit from lower transaction costs.ENS Labs has not yet selected a specific stack or second-layer network for the migration. However, once the migration is complete, the network will serve as a new platform for users to interact with ENS. The upgrade also introduces a new "layered registration system" to manage .eth domain names more efficiently, including features for managing subdomains and configuring resolvers.

ChainCatcher message, the Worldcoin Foundation stated on social media that World Chain will prioritize improving scalability to further expand Worldcoin and L2 solutions, and explore innovative execution clients such as Reth.Specifically, the focus will be on Op-reth, GasLimit, and development tools for browsers and nodes.

ChainCatcher news, according to crypto KOL Wazz on the X platform, ETH has started to experience inflation in the past few weeks following the Dencun upgrade.The total number of transactions on the Ethereum mainnet has reached a new high, while the median transaction fee is close to historical lows, suggesting that the two have decoupled, indicating that Ethereum's scalability is now much higher.