ChainCatcher news, the decentralized finance platform Synthetix announced that it will gradually suspend all Layer-2 deployments on the Base network on July 7, 2025, refocusing on the Ethereum Mainnet, and will disable Base trading and close the LP vault. The plan will be implemented in phases. Synthetix stated that the decision to gradually phase out its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

ChainCatcher news, the Decentralized Finance platform Synthetix announced that it will gradually discontinue all Layer-2 deployments on the Base network on July 7, 2025, refocusing on the Ethereum Mainnet, and will deactivate Base trading and close the LP vault. The plan will be implemented in phases. Synthetix stated that the decision to gradually phase out its L2 deployment stems from ongoing infrastructure instability and liquidity fragmentation.

ChainCatcher news, the autonomous IP Layer 1 Blockchain Camp Network announces the upcoming launch of the Summit Series Phase 2 incentive program. This phase will introduce more collaborative applications, well-known IP resources, and fun tasks.

Ethereum co-founder Joseph Lubin pointed out that Ethereum Layer 1 will become the global main ledger, possessing trusted neutrality, censorship resistance, and tamper-proof characteristics, continuously promoting decentralization, and having a highly vigilant community to address potential disruptions.

According to monitoring by Lookonchain, Whale 0x89AB deposited 4 million USDC into Hyperliquid 6 hours ago to purchase HYPE. On June 19, Cointelegraph reported that Nasdaq-listed company Lion Group Holding secured $600 million in financing to launch the HYPE treasury strategy. The company plans to use HYPE as a primary reserve asset and establish a next-generation Layer-1 treasury asset portfolio with SOL and SUI.

BlockBeats News: On June 19, Cointelegraph reported that Nasdaq-listed Lion Group Holding received $600 million in funding to launch its HYPE treasury strategy. The company plans to accumulate HYPE as a primary reserve asset and build a next-generation Layer-1 treasury asset portfolio with SOL and SUI.

According to CoinTelegraph, Solana's native cryptocurrency, SOL, encountered strong resistance at the $158 level on Monday. Subsequently, it fell to $143 by Wednesday, a cumulative decline of 14% in seven days. Traders are now concerned that the likelihood of a return to the $200 level has diminished due to the recent price weakness and the surge in demand for leveraged SOL positions.

ChainCatcher news, the hardware-accelerated SVM project Solayer announced on social media that its Mega Validator has been selected as a Marinade Select validator for the Solana liquid staking protocol Marinade.

ChainCatcher news, the hardware-accelerated SVM project Solayer announced on social media that its Mega Validator has been selected as a Marinade Select validator for the Solana liquid staking protocol Marinade.

PANews reported on June 5 that, according to Coindesk, 16 institutions, including Galaxy, a digital asset financial services company under Mike Novogratz, and Fireblocks, a crypto custodian, will become node operators of Botanix, a Bitcoin Layer2 network. These carriers are ready for onboarding and will be operational when the Botanix mainnet goes live later in the quarter. Botanix Labs aims to ensure the decentralized nature of the network from the very beginning by forming a consortium of nodes made up of multiple entities. In the future, the network plans to transition to a dynamic federation model, which will eventually enable any user in the world to run a Botanix node. Other institutions joining the alliance include blockchain development platform Alchemy, Bitcoin mining pool Antpool, and hedge fund UTXO

Katana, a new DeFi-focused blockchain incubated by industry giants Polygon and GSR, announced on Wednesday that its private mainnet has gone live. The team said the new Layer 2 blockchain will "unify all liquidity into a single protocol and generate yield from all potential sources," with the goal of "driving a self-sustaining DeFi engine for long-term growth." At this time, Katana is only available to a limited number of users. It contains a pre-deposit phase where users can deposit their ETH, USDC, USDT, and WBTC into Katana for a chance to win KAT tokens, the network's new governance and utility tokens. While currently in the private phase with limited activity, early deposits will be incentivized through an open-case-like reward system. Katana's public mainnet is expected to go live by the end of June.

The Moca Foundation has announced the launch of Moca Chain, a Layer 1 Blockchain specifically developed for identification and user data, supporting the development of identity protocols across various industries and promoting decentralized digital credential management. The Testnet and Mainnet are expected to be launched in the third and fourth quarters of 2025, respectively.

Gate News bot message, Canton Network developers have completed a $135 million financing round to expand the scale of its institutional Blockchain platform Canton Network. This round of financing attracted major investors including DRW Venture Capital, Tradeweb Markets, Goldman Sachs, BNP Paribas, and Circle Ventures.

Gate News bot reported, according to Cointelegraph, Aptos Labs and Jump Crypto launched Shelby, a Web3 cloud storage layer designed to support streaming, AI, and DePIN applications.

Gate News bot reports that the Optimism development team OP Labs stated that it is only a matter of time before all crypto asset exchanges and fintech companies run their own blockchains. Sam McIngvale, the product lead at OP Labs, indicated that the logic is simple and clear, and pointed out that Base has achieved great success since its debut in 2023. McIngvale said: "I expect that within the next five years, every crypto asset exchange and every fintech company will be able to run their own blockchain. If you have Bitcoin at an exchange, you just need to press a button, and they will transfer these Bitcoins to the corresponding on-chain, and then you can use these Bitcoins to borrow USDC, and then you can do anything you want with that USDC."

Gate News bot reports that Flashbots, a research organization focused on MEV (Maximum Extractable Value), recently issued a warning that spam from MEV Bots is rapidly becoming a major obstacle to blockchain scalability. In a paper published this week, Flashbots stated, "MEV has become the primary limiting factor for blockchain scalability," pointing out that the efficiency of Ethereum rollups and Solana is increasingly declining, and current scalability efforts of mainstream blockchains are being offset by the rising prevalence of MEV-driven activities. As Layer 1 and Layer 2 networks compete to increase throughput, the report found that on-chain activities of MEV Bots are wasting more and more available capacity. On Solana, MEV Bots currently occupy 40% of all block space. On Ethereum's OP-Stack Rollup (such as Base and OP Mainnet), spam Bots account for over half of the Gas usage, while the fees paid only represent a small portion of the network fees.

According to the Gate News bot, as reported by CoinDesk, while the U.S. Senate is busy passing the GENIUS Act, Vivek Raman, the founder of the Ethereum advocacy company Etherealize, is even busier, traversing Wall Street to explain why Ethereum (ETH) has suddenly become the center of institutional financing.

Gate News bot message, the non-profit organization Ink Foundation supporting the Ethereum Layer-2 network Ink has officially announced the upcoming launch and Airdrop of INK Token. This development poses potential competition to Coinbase's Base network, which has consistently rejected plans to launch a native token.

Gate News bot reported that VivoPower International (VVPW), a NASDAQ-listed company, will adopt a digital asset financial strategy and plans to invest $100 million in XRP. The company announced on Wednesday that it has partnered with Layer 1 blockchain Flare to deploy $100 million worth of XRP to generate yield on its treasury holdings. The initiative marks the first large-scale adoption of the Flare FAssets system, which enables non-smart contract tokens such as XRP to interact with DeFi protocols. VivoPower plans to generate yield through Flare-native protocols such as Firelight and reinvest the proceeds to expand its XRP holdings. The company said it will also adopt payments firm Ripple's RLUSD stablecoin as its cash equivalent reserves.

Gate News bot News, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."

Gate News bot news, Ripple's Product Management Director Jaazi Cooper and Chief Technology Officer David Schwartz stated at the APEX 2025 conference held in Singapore that a decentralized Layer 1 blockchain XRP Ledger (XRPL) compatible with the Ethereum Virtual Machine (EVM) will launch in the second quarter. It was introduced that this EVM sidechain will allow users to earn through DeFi applications (such as liquidity pools and smart contracts interaction).

PANews reported on June 11 that the DeFi protocol Aave has officially been deployed to the Ethereum Layer 2 network Soneium developed by Sony Blockchain Lab. This deployment was approved through a community governance proposal, marking Aave's first entry into a blockchain network aimed at consumer-grade applications. According to the announcement, this integration supports USDT0, USDC.e, and WETH, with each asset configured with risk parameters to ensure capital efficiency and protocol security.

Gate News bot news, Ethereum co-founder and Consensys CEO Joseph Lubin believes that due to the utility of ETH and its important role in building trust-based financial infrastructure, ETH may ultimately be more valuable than BTC. He also revealed that Consensys is in talks with a sovereign wealth fund and major banks of a large country, focusing on building institutional infrastructure within the Ethereum ecosystem, including Layer 1 and customized Layer 2 solutions.

According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.

According to a report by Jinse Finance, Alex Gluchowski, the founder of ZKsync and CEO of Matter Labs, responded on the X platform to Solana co-founder Toly, stating that Solana cannot compete with Ethereum in terms of Decentralization and censorship resistance, and also cannot compete with the latency and performance of single sequencer Layer 2 networks. Previously, Solana co-founder Toly stated that Solana is not looking to "wage war" with Ethereum, but rather to combat centralized sequencer Layer 2 based on Ethereum.

According to Gate news and TapChiBitcoin, the last week of June will see a wave of strong Token unlocks, with a total value of up to 84.64 million dollars. Three well-known projects, Blast (BLAST), Venom (VENOM), and Across Protocol (ACX), will simultaneously release a large amount of previously locked Tokens into circulation. Unlock events typically lead to significant market Fluctuation. Therefore, the influx of new supply may result in substantial price Fluctuation.

Gate News bot news, according to the platform announcement on June 17, 2025: Gate will launch the Namada( spot trading on June 19, 2025, at 18:00 (UTC+8), opening the NAM/USDT trading pair. At the same time, the platform will hold a Launchpool event lasting over 20 days, where users can participate by staking GT, USDT, and NAM to share a total reward of 1,428,572 NAM tokens. The event will be conducted in two phases: the first phase is from June 17, 2025, 21:00 to June 19, 21:00, with a prize pool of 230,000 NAM; the second phase is from June 19, 21:00 to July 9, 21:00, with a prize pool of 1,198,572 NAM. The system will distribute rewards hourly based on the proportion of users' staked assets. Namada is a Layer-1 blockchain project based on Proof of Stake (PoS), dedicated to building a multi-chain composable privacy layer. The project is developed in Rust and implements cross-chain communication through the CometBFT consensus mechanism and IBC, aiming to provide data protection services for existing chains, DApps, tokens, and NFTs. The total supply of the project token NAM is 1 billion.

Defx has completed a $2.5 million seed round financing, focusing on a privacy-centric L1 Blockchain project aimed at providing a high-performance DEX, utilizing zk-SNARKs technology to protect order information and ensure on-chain verifiability.

BlockBeats News, on June 3, XION, the first walletless Layer 1 blockchain dedicated to promoting the mainstreaming of Web3, today officially released its flagship mobile development kit - Dave, which will open Web3 channels to more than 18 million mobile developers and 5.8 billion mobile users worldwide. Dave supports native iOS and Android, and developers can achieve on-chain authentication and interaction through a process similar to Google OAuth without the need to connect to a wallet or jump link, truly integrating the blockchain into mainstream apps "invisibly". This revolution dramatically lowers the barrier to entry for Web3 applications, truly making Web3 as easy to use as Web2." XION founder Burnt

Introduction With the rapid development of blockchain technology, the competition among EVM-compatible public chains is becoming increasingly intense. From market share to technological innovation, from developer ecosystems to investment opportunities, major public chains are showcasing unique advantages across different dimensions. This article will provide an in-depth analysis of the strength comparison among mainstream EVM public chains, offering comprehensive market insights for developers and investors. Mainstream EVM Public Chain Ecosystem Strength Ranking and Market Share Analysis In the blockchain market of 2025, the competition among EVM-compatible public chains is becoming increasingly fierce. According to the latest data, Ethereum still maintains its dominant position with a market share of 42%. Following closely is BNB Chain with an 18% share. Avalanche and Polygon rank third and fourth with 12% and 10% shares, respectively. Notably, the emerging public chains Arbitrum and Optimism have rapidly risen over the past year, capturing market share.

Gate News bot news, based on data from Ethereum researcher Toni Wahrstätter's dashboard gaslimit.pics, over 150,000 Ethereum validators (about 15% of the total network) have expressed support for significantly increasing the gas limit of the blockchain. This move could further enhance the transaction throughput of Ethereum Layer 1. The new proposal aims to raise Ethereum's gas limit to 60 million units, nearly double the current 36 million units.

According to Gate News bot, the activity of Optimism superchain Layer 2 Ink has surged ahead of its token launch. Last week, the Ink Foundation announced the issuance of 1 billion INK tokens and community airdrop through the liquidity pool on Aave.

Cherry Hsu, the Chief Business Officer of MemeCore, will be a speaker at the "Seoul Meta Night" event in Seoul, South Korea on June 26. MemeCore is a Layer 1 Blockchain designed specifically for Meme 2.0, aiming to transform meme Tokens into the core driving force of culture and community collaboration.

Today, wcgUSD ranks first in trading volume on the Pendle platform. This asset was developed by Cygnus Instagram Layer and aims to be at the core of the DeFi interest rate market. Data shows that market confidence in real yields and Instagram Application Layer assets has strengthened, with structured yield products rising strongly.

According to the Gate News bot message, the official announcement from Gate on June 23, 2025: Gate will launch Mango Network (MGO) spot trading on June 24, 2025, at 17:00 (UTC+8), opening the MGO/USDT trading pair. At the same time, the platform will launch the MGO token mining activity, which will run from June 23, 2025, at 20:00 to July 7, 2025, at 20:00 (UTC+8), with a total release of 16,400,000 MGO token rewards. Mango Network is a Layer 1 full-chain multi-virtual machine infrastructure that integrates Move, OPStack, and ZK Rollup technologies, supporting interoperability between MoveVM, EVM, and SVM multiple virtual machines. The project aims to address the fragmented user experience and liquidity issues in Web3 applications and DeFi protocols. The total supply of MGO tokens is 1 billion, of which 15% is used for fundraising sales, 15% is allocated to the team, and 20% belongs to the foundation. Users can participate in Launchpool mining activities by staking ETH or MGO, and the system will distribute token rewards hourly based on the user's staking proportion. VIP5 and above users can enjoy a maximum staking quota bonus of 500%.

According to Gate News bot and reported by CryptoSlate, Ethereum's Layer-2 is built for scalability. Solana's network expansion is built for specialization. While Ethereum Rollups increase throughput, they all fundamentally operate under the same strategy—universal block space, minimal differences, and fragmented liquidity across isolated chains. This architecture improves efficiency but does not enhance flexibility.

Gate News bot, Coinglass data shows that as of the time of writing, the value of active or open interest in global HYPE futures (perpetual and standard contracts) has reached $2.06 billion, ranking fifth among cryptocurrencies. HYPE is ahead of Dogecoin and many other cryptocurrencies with higher market caps in the futures market, which may indicate the growing popularity of dedicated blockchain products. Hyperliquid is a decentralized exchange focused on providing an on-chain perpetual contract futures market, built on its own Layer 1 blockchain. According to the data source@uwusanauwu Dune-based tracker, Hyperliquid accounted for 60% of the total $94.3 billion in on-chain perpetual contract trading volume last week.

Odaily News focuses on low latency Layer 2 blockchain RISE Chain announcing the completion of a new round of financing of $4 million, with Galaxy Digital's venture capital arm Galaxy Ventures participating. The total amount of financing for the project has reached $8 million, and the new funds will be used to promote its mainnet launch to build a high-throughput, low-latency blockchain. (CoinDesk)

Oblong, Inc. announced the signing of a securities purchase agreement with investors to privately issue 1,989,392 shares of common stock at $3.77 per share, raising approximately $7.5 million, which will be used for a Bittensor-based artificial intelligence and digital asset strategy.

Cyvers Alerts reported suspicious transactions in Nervos Network's Bitcoin Layer 2 solution, resulting in approximately 3 million dollars worth of Crypto Assets being stolen. The stolen assets were converted to Ether and transferred to TornadoCash. Nervos Network has suspended the protocol and taken measures.

Cyvers Alerts reported suspicious transactions in the Bitcoin Layer 2 solution of Nervos Network, resulting in approximately 3 million USD in Crypto Assets being stolen. The stolen assets were exchanged for Ether and transferred to TornadoCash. Nervos Network has suspended the protocol and taken measures.

According to Gate News bot, as reported by Cryptonews, the Layer 1 Blockchain project Mango Network announced on Friday that it will conduct a community Airdrop ahead of its Token Generation Event (TGE). The team will distribute 5% of its total supply of the native Token MGO to early users, Testnet participants, and community contributors. The Airdrop eligibility checker is now live, allowing users to connect their Wallets and complete three steps to confirm and ultimately claim their rewards.

Gate News bot reported by CoinGape indicates that the increase in the number of Wallets signifies more participants joining the ecosystem. They could be individual investors, institutional investors, or developers testing applications. In any case, this reflects a busy and continuously evolving network. Ethereum remains the most widely used smart contracts platform, and this position is expected to remain strong in 2025.

Gate News bot reported that according to The Block, French authorities have allowed Telegram founder and CEO Pavel Durov to leave France for the second time since his detention in August 2024, as he is under investigation for alleged illegal activities on the messaging platform.

Gate News bot announcement, Succinct, which has received investment from Paradigm, has completed a seven-day validation pilot for the World Chain Mainnet. This pilot project used encryption proofs to validate each transaction and Block without the need to rerun the entire Blockchain. This indicates that even large networks like World Chain, based on the OP Stack, can eventually become ZK rollups. "World Chain challenged us to prove that ZK can operate at their scale," said Uma Roy, co-founder of Succinct, in a statement. "By completing this pilot project, we have demonstrated that this technology is ready for production, paving the way for World Chain to become a ZK rollup when the time is right."

Odaily News Japan's Central Bank has released the second progress report of its Digital Yen pilot program, which reveals that a working group is studying how Central Bank Digital Currency (CBDC) can be integrated with emerging technologies such as Distributed Ledger Technology (DLT). As part of the exploration, researchers are considering deploying CBDC on-chain, although this solution is not feasible at this stage, the potential future direction may involve adopting Layer 2 blockchain solutions with stronger control. It is worth mentioning that shortly after the release of this report, Central Bank Executive Committee Member Kazushige Kamiyama stated that there are currently no plans for the issuance of a Central Bank Digital Currency. (LedgerInsights)

Gate News bot message: According to data from DefiLlama, this week has been relatively calm, with venture capitalists and other investors investing $3 million in crypto asset startups, bringing the total funding to over $7.7 billion in 2025 so far. As in previous weeks, investors are focusing on infrastructure projects aimed at expanding Ethereum, quantitative trading, and enhancing Bitcoin functionality.

Solana re-staking platform Solayer has launched InfiniSVM Devnet, supporting over 1 million TPS and millisecond-level transaction confirmations. InfiniSVM is compatible with the Solana Virtual Machine (SVM), allowing developers to migrate applications and use Solana tools for development and testing.

ChainCatcher news, the RWA protocol Spout announced that it will launch on the Testnet of the EVM Layer 1 Blockchain Pharos Network, aiming to bring real-world yields on-chain, issuing tokenized corporate bonds with built-in privacy protection.