1/ In a bear market, it's crucial to focus on long-term market developments and product announcements to understand what may support or drive new waves of app development.
2/ Aligned, a high-performance compute provider, predicts the zero-knowledge proofs (ZKPs) market to reach $10B by 2030.
ZKPs verify computations and ensure privacy in transactions. #Ethereum is expected to capture 66% of the market.
3/ @LensProtocol, a decentralized social graph protocol, introduced Momoka to decrease transaction costs and improve stability.
Lens has seen a 75% decrease in transaction costs, making consumer applications more viable. Momoka is a game-changer for building foundational layers.
4/ @sphere_labs partnered with @helium to offer streamlined fiat on-ramp experience.
Businesses can now purchase decentralized infrastructure services using standard cash payments, expanding the customer base for #DePIN protocols. @solana's ecosystem grows stronger.
5/ @ourZORA, a crypto creation platform, announced a testnet for their optimistic rollup.
Zora is tailored for creators and consumer applications, enabling lower transaction costs and relaxed monetization constraints. An exciting space for creator business model experiments.
6/ @FantomFDN rolled out the Gas Monetization Program, rewarding dApps with a share of gas fees.
By redirecting transaction fees to dApps, this sustainable economic incentive encourages network growth. Learn more about this shift in Fantom's economic structure.
7/ Understanding market developments and product announcements is crucial for future application markets. Want to learn more?
Liquidity fragmentation across blockchains is one of DeFi's largest challenges, leading to high costs and low capital utilization.
@EverclearOrg introduces the first Clearing Layer to solve liquidity fragmentation. Let's explore what Everclear is and why it matters 🧵
The Problem 🔎
Fragmented liquidity between chains leads to high costs & low capital utilization for solvers, market makers, & CEXs. Rebalancing is complex, costly, and often slow.
As the number of chains grows, so do rebalancing requirements. A better solution is needed.
What is Everclear? 🤔
Everclear (prev. Connext) is the first Clearing Layer - a decentralized network coordinating global liquidity settlement between chains. Through netting, Everclear reduces the cost and complexity of rebalancing liquidity between chains.