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Search results for "L1"
15:47

LINEA: The Burn Mechanism has officially launched, and gas fees will burn ETH and LINEA at a ratio of 1:4.

Golden Finance reports that LINEA has announced that the token burning mechanism has officially launched on the X platform. After this, every transaction on the LINEA will burn ETH and LINEA, directly reducing the token supply to implement deflation. All gas fees on LINEA are paid in ETH and collected through the fee contract. After deducting infrastructure costs, the remaining funds will be 100% burned, including 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. In addition, the data tracking function for burned tokens has also been launched.
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LINEA9.3%
ETH4.56%
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13:03

The SoDEX Mainnet incubated by SoSoValue is officially launched, and the platform Token SOSO will be upgraded to the native Gas Token of the L1 ValueChain it belongs to.

Odaily News SoSoValue incubated high-performance L1 ValueChain announced that the Mainnet is officially launched, and its high-performance trading sub-chain SoDEX will simultaneously open allowlist applications to global users. The platform token $SOSO will also be fully upgraded to the Mainnet native Gas and governance token. According to official information, SoDEX currently achieves a performance of 100,000 TPS. The architecture of this high-performance trading chain features two parts: 1. SoDEX achieves a truly decentralized matching architecture through the distributed deployment on different validation nodes via the matching engine. This makes SoDEX one of the very few trading systems in the industry that can truly put the matching logic completely on-chain, consistent with the Hyperliquid technical path, but achieving higher scalability and modular design at the architectural level. SoDEX has two unique characteristics.
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SOSO2.24%
18:23

Solana co-founder: There are currently no engineering technical barriers to building a cross-chain bridge aimed at Ethereum L1 on Solana.

Toly, co-founder of Solana, pointed out on platform X that existing Layer 2 networks have authorized multisignature mechanisms that can overturn cross-chain bridges contracts without notification. He emphasized that the "escape route" is an attribute of cross-chain bridges, not Layer 2 networks. Solana can achieve cross-chain bridges with Ethereum L1, ensuring asset withdrawal without modifying Ethereum, and as zk-SNARKs technology matures, the difficulty of building will drop.
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14:04

pump.fun acquisition of the trading terminal Padre, the PADRE Token will no longer be used on this platform.

According to Foresight News, pump.fun announced the acquisition of the trading terminal Padre, with the acquisition amount undisclosed. Padre will continue to operate as usual, including token trading on every launch pad and decentralized exchange on Solana, BNB Chain, Ethereum L1, and Base. The PADRE token will no longer be used on the platform, and there are no further future plans. pump.fun stated that this acquisition will enhance the user experience of pump.fun.
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03:51

Ethereum Foundation Co-Executive Director Hsiao-Wei Wang: The large-scale adoption of Ethereum needs to overcome three major gaps: scalability, experience, and trust.

At the main forum of ETHShanghai 2025, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, delivered a speech emphasizing three key aspects of Ethereum's large-scale adoption: user asset sovereignty, global settlement capability, and daily practicality. At the same time, she pointed out the challenges Ethereum faces, such as scalability, user experience, and trust, and proposed solutions through the combination of L1 and L2 as well as account abstraction, with the goal of making Ethereum integrate into life as naturally and reliably as the internet.
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ETH4.56%
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00:56

MERL (Merlin Chain) rose 19.16% in the last 24 hours.

Gate News Bot news, on October 17, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at $0.35, with a rise of 19.16% in the last 24 hours, reaching a high of $0.41 and a low of $0.29. The current market capitalization is approximately $343 million, an increase of $55.1 million compared to yesterday. Merlin Chain is the native Layer 2 network of Bitcoin, designed to unlock the potential of Bitcoin, supporting native L1 assets, users, and protocols. Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced trading liquidity as an EVM-compatible chain. It supports popular Bitcoin protocols such as BRC20, BRC420, etc., and implements ZK-Rollup to improve efficiency and scalability. M
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MERL-5.52%
BTC4.11%
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12:18

Brevis releases Pico Prism, achieving real-time proof of Ethereum on consumer-grade hardware.

According to BlockBeats news on October 15, Brevis's multi-GPU zero-knowledge virtual machine (zkVM) Pico Prism has achieved real-time proof of Ethereum on consumer-grade hardware: using 64 RTX 5090 graphics cards, it completed 99.6% of Ethereum L1 block proofs in 12 seconds, with 96.8% of the block proof times being below the 10-second standard set by the Ethereum Foundation. In a test on September 1, under Ethereum's current 45M gas limit, Pico Prism's average proof time was only 6.9 seconds. In comparison to SP1 Hypercube, which previously had a proof coverage of 40.9% under a 36M gas limit, Prism now far exceeds its standard, reaching 98.
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ETH4.56%
02:11

Trader Vivek Raman: Still optimistic about the crypto market after the leverage crash, ETH remains an institutional store of value just like BTC.

Odaily News Former Wall Street high-yield credit trader Vivek Raman posted on X, stating: "Despite the intense leverage washout exceeding all previous crashes, I still believe we are in a cryptocurrency renaissance. ETH remains a means of institutional value storage just like BTC. The Ethereum economy (L1, L2, applications) continues to operate seamlessly, and the price of ETH will reach $10,000 or even higher."
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ETH4.56%
BTC4.11%
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13:16

L1 public chain track leads the rise of alts in the first week of Q4

PANews, October 6 - According to Decrypt, in the first week of the fourth quarter of the crypto market, the Layer-1 public chain sector performed strongly, becoming the leader in the rise of altcoins. According to Velo data, between September 29 and October 5, L1 public chain tokens (including Solana, Avalanche, BNB, Sui, and Aptos) recorded an overall rise of 12.54%, surpassing other zones such as Layer-2, Meme coins, and Decentralized Finance. Among them, Aptos rose 25.3% in a single week.
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SOL6.28%
AVAX4.94%
BNB1.71%
SUI5.41%
05:56

S (Sonic) rose 6.05% in the last 24 hours.

Gate News Bot news, September 30, according to CoinMarketCap data, S (Sonic) is currently priced at $0.26, having risen 6.05% in the last 24 hours, with a high of $0.26 and a low of $0.23. The current market capitalization is approximately $739 million, an increase of $42.2 million compared to yesterday. Sonic is the highest-performing EVM L1 blockchain, combining speed, incentives, and world-class infrastructure. Sonic offers developers unprecedented scalability and storage capacity, providing users with a fast and smooth experience. Sonic is the fastest settlement layer for digital assets, capable of processing over 400,000 transactions per second, with confirmation times approaching real-time, and an average transaction cost of only $0.001. S (Sonic) recent important news: 1️⃣ **Solana Ecosystem
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S-4.7%
SOL6.28%
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01:26

BERA (Berachain) rose 11.10% in the last 24 hours.

Gate News Bot news, September 29, according to CoinMarketCap data, as of the time of writing, BERA (Berachain) is currently priced at $2.91, with an increase of 11.10% in the last 24 hours, reaching a high of $2.91 and a low of $2.37. The current market capitalization is approximately $370 million, an increase of $37 million compared to yesterday. Berachain is an EVM-compatible L1 public chain that adopts an innovative Proof of Liquidity consensus mechanism, aiming to address the centralization problem of staking, systematically build liquidity, and align the interests of the protocol and validators. The project is supported by well-known investment institutions such as Polychain Capital and Hack VC, and is committed to creating a collaborative economy that rewards working capital in the network through incentive mechanisms.
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BERA10.24%
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16:19

Plasma launched and absorbed over $4 billion in Crypto Assets in 24 hours, ranking eighth in the value of deposits in Blockchain DeFi.

According to BlockBeats news on September 27, the stablecoin L1 Blockchain Plasma went live and absorbed over $4 billion in Crypto Assets within 24 hours, ranking eighth in the value of deposits in Blockchain DeFi, mainly due to the Plasma lending vault and users locking assets in cooperative DeFi protocols earning the native network Token XPL. Plasma's initial success has driven up the price of the XPL Token, which has risen 30% from the Opening Price, currently around $1.2, corresponding to a Fully Diluted Valuation of nearly $12 billion, an increase of 24 times from the $50 million valuation during the public sale in June, representing an astonishing return of up to 324 times for investors who participated in the Plasma seed round on the early investment platform Echo last November.
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XPL8.87%
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23:26

Vitalik claims that the Fusaka upgrade will drive Ethereum scalability.

ChainCatcher message, Vitalik Buterin stated that the core feature of the Fusaka upgrade, PeerDAS, will enable the operation of the Blockchain without the need for a single node to download the complete data. PeerDAS validates the availability of block data through node sampling and uses erasure coding to recover missing data. The initial version still requires complete data during the first broadcast and reconstruction, but only one honest participant is needed. In the future, distributed messaging and block construction will be achieved. Vitalik emphasized security first, and the number of blobs will gradually increase, promoting L2 and L1 scaling.
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ETH4.56%
01:45

CoinList will launch the L1 public chain Plasma (XPL)

PANews September 24 news, according to CoinList announcement, Plasma ($XPL) as an L1 public chain redefining the way of currency flow will log in to CoinList on the first day of TGE (token generation event), trading will officially start on September 25 at 13:00 UTC.
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XPL8.87%
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10:01

HYPE (Hyperliquid) fell 7.78% in the last 24 hours.

Gate News Bot news, on September 22, according to CoinMarketCap, as of the time of writing, HYPE (Hyperliquid) is currently priced at $48.83, having fallen 7.78% in the last 24 hours, with a high of $59.39 and a low of $47.59. The 24-hour volume reached $593 million. The current market capitalization is approximately $16.305 billion, a decrease of about $1.376 billion from yesterday. Hyperliquid is a blockchain platform designed to integrate all financial operations. As its flagship application, Hyperliquid offers a decentralized exchange characterized by low fees, zero gas fees, up to 40x leverage, and a fully on-chain order book. The platform emphasizes transparency, with all transactions, funds, and settlements occurring on Hyperliquid L1.
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HYPE5.55%
BTC4.11%
SOL6.28%
02:10

Over Protocol will migrate to Base

Foresight News reports that the L1 Blockchain lightweight node protocol Over Protocol will migrate to Base. "After careful evaluation, we found that Base aligns most closely with our vision and philosophy. We will start from Korea, making Korean culture easier for users to accept on the Base platform and transforming it into new forms of value."
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00:22

MERL (Merlin Chain) rose 42.94% in the last 24 hours.

Gate News Bot news, September 22, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at $0.29, with a rise of 42.94% in the last 24 hours, reaching a high of $0.38 and a low of $0.15. The current market capitalization is approximately $279 million, an increase of $83.9 million compared to yesterday. Merlin Chain is a native Layer 2 network for Bitcoin, designed to unlock the potential of Bitcoin, supporting native L1 assets, users, and protocols. As an EVM-compatible chain, Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced transaction liquidity. It supports various Bitcoin protocols, such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stam.
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MERL-5.52%
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06:18

0G(0G) will be globally launched on Gate on September 22, the largest scale L1 Blockchain specifically designed for AI.

Gate News bot message, according to Gate's official announcement on September 22, 2025: Gate will launch the 0G(0G) spot trading on September 22, 2025, at 18:00 UTC+8. The deposit function will open on the same day at 16:00 UTC+8, with a trading pair of 0G/USDT. 0G is the first-layer blockchain network specifically designed for artificial intelligence. The project provides high-performance services through a decentralized AI operating system, aiming to achieve secure artificial intelligence that is transparent, verifiable, and privacy-protecting, claiming to reduce operational costs by 90% compared to centralized systems.
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0G-5.56%
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05:06

OMNI (Omni Network) rose 10.08% in the last 24 hours.

Gate News Bot news, on September 19, according to CoinMarketCap data, as of the time of this report, OMNI (Omni Network) is currently priced at $4.03, rising by 10.08% in the last 24 hours, with a peak of $4.27 and a low of $3.34. The trading volume in the last 24 hours reached $58.8 million. The current market capitalization is approximately $139 million, an increase of $12.7 million compared to yesterday. Omni Network is an abstraction layer of the Ethereum ecosystem, allowing developers to access cross-chain users and liquidity without upgrading contracts. Omni currently supports Ethereum L1, Arbitrum, Optimism, and Base networks, with more network support to be added in the future. The project has received backing from investors including Pantera Capital, Two Sigma V
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01:01

BERA (Berachain) rose 11.98% in 24 hours.

Gate News Bot reported that on September 19, according to CoinMarketCap data, BERA (Berachain) is currently priced at $2.68, with a rise of 11.98% in the last 24 hours, reaching a high of $2.71 and a low of $2.25. The 24-hour volume reached $8.23 million. The current market capitalization is approximately $337 million, an increase of $36.11 million from yesterday. Currently, BERA ranks 163rd in global Crypto Assets market capitalization. Berachain is an EVM-compatible L1 public chain designed to address issues such as staking centralization, systemic liquidity construction, and alignment of interests between protocols and validators through the Proof of Liquidity consensus mechanism. The project has received support from Polychain Capital, Hack VC, and others.
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BERA10.24%
BTC4.11%
ETH4.56%
12:47

The Mantra Mainnet upgrade will integrate the native EVM with CosmWasm.

According to Jinse Finance, the L1 blockchain Mantra has upgraded its Mainnet to natively run the Ethereum Virtual Machine and CosmWasm, introducing a MultiVM architecture centered around RWA, so that developers can use familiar tools on-chain tailored for tokenization. This upgrade embeds specific requirements at the protocol layer and is supported by the Mantra Finance virtual asset service provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA).
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OM5.31%
ETH4.56%
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04:56

Vitalik attended the developer conference in Japan: Ethereum's short-term goal is to increase the Gas limit of Ethereum L1 while maintaining Decentralization.

BlockBeats news, on September 17, according to crypto KOL AB Kuai.Dong (@FORAB), Vitalik attended the developer conference in Japan today. At the conference, Vitalik stated that the short-term goal of Ethereum is to scale, with the method being to increase the Gas limit of Ethereum L1 while maintaining Decentralization. The mid-term goal of Ethereum is cross-L2 interoperability, with a faster response time. The long-term vision is a secure, simple, quantum-resistant, and Formal Verification-verified streamlined version of Ethereum.
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ETH4.56%
01:58

MERL (Merlin Chain) rose 25.67% in 24 hours

Gate News Bot news, on September 16, according to CoinMarketCap data, as of the time of publication, MERL (Merlin Chain) is currently priced at $0.19, having risen 25.67% in the last 24 hours, with a high of $0.19 and a low of $0.13. The current market capitalization is approximately $185 million, an increase of $37.8 million compared to yesterday. Merlin Chain is a native Bitcoin Layer 2 network designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and increased transaction liquidity as an EVM-compatible chain. It supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and St.
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MERL-5.52%
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05:27

HYPE (Hyperliquid) rose 3.02% in the last 24 hours.

Gate News Bot news, September 11, according to CoinMarketCap data, HYPE (Hyperliquid) is currently priced at $55.80, with a pump of 3.02% in the last 24 hours, reaching a high of $56.14 and a low of $44.45. The volume in the last 24 hours is $449 million. The current market capitalization is approximately $18.632 billion, an increase of $546 million compared to yesterday. Hyperliquid is a blockchain platform designed to accommodate all financial operations. Its flagship application is a decentralized exchange featuring low fees, zero gas fees, up to 40x leverage, and a fully on-chain order book. Hyperliquid L1 has a block time of 0.07 seconds and a maximum TPS of 200,000, currently boasting 675,500 users. HYPE
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HYPE5.55%
SOL6.28%
SUI5.41%
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02:48

Paradigm co-founder: Tempo builds L1 instead of Ethereum L2 to avoid reliance on Ethereum's progress.

ChainCatcher news, Paradigm co-founder Matt Huang stated that the Tempo being built will be a permissionless public chain, supporting open validation, contract deployment and usage, maintaining "underlying neutrality," and gradually achieving Decentralization. He stated that Tempo focuses on payment and stablecoin scenarios, choosing to build L1 instead of Ethereum L2, because the global payment network requires a collection of decentralized validators to ensure long-term neutrality while avoiding reliance on the progress of Ethereum L1.
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ETH4.56%
L10.47%
01:14

Variant Chief Legal Officer: Public chains are still the regulatory standard for product development.

Golden Finance reports that Jake Chervinsky, Chief Legal Officer of Variant Fund, stated that despite the recent emergence of enterprise-controlled L1 networks, decentralized public chains still serve as the regulatory standard for product development. Chervinsky pointed out on social media platform X that many new L1s built by companies for specific product reasons are unnecessary and unhelpful from a regulatory perspective. He emphasized that currently no U.S. regulatory agency requires licensed validator sets or built-in compliance tools, and Congress has not seriously considered such legislation.
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L10.47%
00:36

M (MemeCore) has pumped 20.93% in the last 24 hours.

Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, M (MemeCore) is currently priced at $0.98, with a rise of 20.93% in the last 24 hours, reaching a high of $1.11 and a low of $0.41. The current market capitalization is approximately $1.019 billion, an increase of $176 million compared to yesterday. MemeCore is the first L1 blockchain built specifically for Meme 2.0. The project is positioned as a playground for meme coins, aiming to provide dedicated infrastructure and platforms for the meme coin ecosystem. M (MemeCore) recent important news: 1️⃣ **Significant price volatility attracts market attention** MemeCore has experienced significant price fluctuations in the past 24 hours, reaching a high of $1.11 and a low of $0.41.
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M1.29%
02:33

MERL (Merlin Chain) rose 30.92% in 24 hours

Gate News Bot news, on September 3rd, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at 0.16 USD, having risen 30.92% in the last 24 hours, with a high of 0.17 USD and a low of 0.11 USD. The current market capitalization is approximately 149 million USD, an increase of 35.1 million USD compared to yesterday. Merlin Chain is a native Bitcoin Layer 2 network designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. The chain offers low fees and high scalability, functioning as an EVM-compatible chain, ensuring fast transaction processing and enhanced transaction liquidity. Merlin Chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, P
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MERL-5.52%
12:39

Somnia(SOMI) will be launched on Gate for spot trading on September 2, 2025.

Gate News bot news, according to the Gate platform announcement on September 2, 2025: Gate will launch Somnia on September 2, 2025, at 22:30 ( UTC+8 019283746656574839201 for spot trading, with the trading pair SOMI/USDT. Somnia is an L1 blockchain and a full-chain protocol project connecting the metaverse, aimed at building an open and unified virtual society. The project is developed by the non-profit organization Virtual Society Foundation)VSF(, co-initiated by MSquared and Improbable, primarily providing infrastructure for developers to upgrade NFTs and create content.
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SOMI3.33%
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00:35

M (MemeCore) 24-hour pump 18.06%

Gate News Bot news, on September 2nd, according to CoinMarketCap data, as of the time of writing, M (MemeCore) is currently priced at $0.78, with a rise of 18.06% in the last 24 hours, reaching a high of $0.88 and a low of $0.41. The current market capitalization is approximately $815 million, an increase of $125 million compared to yesterday. MemeCore is the first L1 blockchain designed specifically for Meme 2.0. It provides a dedicated ecosystem and development platform for Meme coins, aiming to promote innovation and development of Meme culture in the Web3 space. Important news about MemeCore recently: 1️⃣ **Gate launches M spot trading** Gate will soon launch spot trading for M (MemeCore). As an L1 public chain focused on Meme 2.0,
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M1.29%
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10:36

Somnia(SOMI) will launch spot trading on Gate, with the specific time to be determined.

Gate News bot message, Gate will launch spot trading for Somnia (SOMI) Token, with the specific trading opening time to be determined. Somnia is an L1 blockchain project dedicated to building a full-chain protocol that connects the metaverse, aiming to achieve an open and unified virtual social ecology. The project is developed by the Virtual Society Foundation (VSF), which is a nonprofit organization co-founded by MSquared and Improbable. The core functionality of the project includes providing developers with NFT upgrade tools, supporting the creation of portable and reconfigurable content. SOMI is the project's native Token, and the contract address will be announced later.
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SOMI3.33%
06:42

MERL (Merlin Chain) rose 8.06% in the last 24 hours.

Gate News Bot news, on September 1st, according to CoinMarketCap data, as of the time of writing, MERL (Merlin Chain) is currently priced at 0.12 USD, with a rise of 8.06% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.11 USD. The current market capitalization is approximately 115 million USD, having risen by 8.57 million USD compared to yesterday. Merlin Chain is a Layer2 network native to Bitcoin, designed to unleash the potential of Bitcoin, supporting native L1 assets, users, and protocols. As an EVM-compatible chain, Merlin Chain offers low fees and high scalability, ensuring fast transaction processing and enhanced transaction liquidity. The chain supports various Bitcoin protocols, such as BRC20, BRC420, Bitmap, Atomicals, Pipe, and Stamp.
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MERL-5.52%
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10:27

Mitosis(MITO) will launch spot trading on Gate on August 29, 2025.

Gate News bot news, according to the announcement from Gate platform on August 29, 2025: Gate will launch Mitosis ( and MITO) spot trading on August 29, 2025, at 19:00 UTC+8 (. This token was previously launched on the Gate Alpha section on August 28. Mitosis is a liquidity protocol focused on the modular era, with its core function being to redefine cross-chain liquidity through innovative mechanisms. The protocol allows users to obtain derivative tokens that are exchanged 1:1 with locked assets, which can be used in DeFi applications on Ethereum L1 and L2 Rollups, achieving additional yields on cross-chain assets. The MITO token contract address is 0x8e1e6bf7e13c400269987b65ab2b5724b016caef.
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MITO1.82%
00:56

Google Cloud has launched the L1 network GCUL, which is currently in the private Testnet phase.

BlockBeats news, on August 27, Rich Widmann, the head of Google's Web3 strategy, stated that recent discussions about Layer 1 Blockchain have brought Google's own Layer 1—called Google Cloud Universal Ledger (GCUL)—into the spotlight. As a product manager in the encryption field, you understand that to build a Layer 1, it must have differentiation. GCUL consolidates years of research and development from Google and is currently in the private Testnet phase, providing a new Layer 1 for Financial Institutions: it is high-performance, trust-neutral, and supports Python-based smart contracts. In addition to leveraging Google's distribution capabilities, GCUL.
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CLOUD7.31%
L10.47%
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10:07

BERA (Berachain) rose 9.54% in the last 24 hours.

Gate News Bot news, on August 26, according to CoinMarketCap, as of the time of writing, BERA (Berachain) is currently priced at $2.52, with a rise of 9.54% in the last 24 hours, reaching a high of $2.77 and a low of $2.12. The 24-hour volume has reached $144 million. The current market capitalization is approximately $314 million, an increase of $27.4 million compared to yesterday. Berachain is a high-performance, EVM-compatible blockchain SDK that supports the development of modular L1 blockchains. The project aims to create a collaborative economy through Proof of Liquidity, rewarding working capital and achieving consistency in incentive mechanisms across the network. The core principles of Berachain include integrating liquidity and simplifying DeFi building modules.
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BERA10.24%
01:30

SLF (Self Chain) has pumped 14.64% in the last 24 hours.

Gate News Bot news, August 25, according to CoinMarketCap data, as of the time of writing, SLF (Self Chain) is currently priced at $0.07, with a rise of 14.64% in the last 24 hours, peaking at $0.08 and dipping to a low of $0.05. The current market capitalization is approximately $11.11 million, an increase of $1.42 million compared to yesterday. Self chain is a modular intent-centered L1 blockchain aimed at achieving universal blockchain access. It provides users and AI agents with access to Web3 opportunities through a keyless wallet, using an AI-driven conversational interface that enables anyone to execute complex transactions instantly. Self chain offers modular infrastructure, including AI-driven intents, keyless wallets, and decentralized identities, to facilitate seamless access to Web3 and enhanced security.
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SLF0.23%
14:17

Non-financial RWA annual growth of 240%, platforms like Oasys establish Blockchain IP proof systems to drop equity confirmation fraud risks.

According to ChainCatcher news, Forbes reports that the tokenization scale of real-world assets (RWA) in non-financial categories will rise by 240% year-on-year in 2024, significantly surpassing traditional RWA categories. Key advancements focus on three major areas: domain name assets, intellectual property, and carbon credits. In terms of intellectual property, platforms like Oasys have established blockchain IP storage systems to reduce the risk of rights confirmation fraud, and the fractional trading model of music copyrights has been expanded to the creative industry. According to reports, Oasys is a Layer 1 blockchain designed specifically for gaming. Through its EVM L1 and private L2 aggregation, Oasys creates an attractive solution for both large and independent game studios to deploy their games and intellectual property on-chain.
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RWA-1.35%
OAS2.57%
IP5.24%
15:50

Puffer Finance launches on the UniFi V2 Testnet, advancing Ethereum native infrastructure.

PANews August 14 news, according to Puffer Finance announcement, the UniFi V2 Testnet is now officially online, supporting rollup technology based on Ethereum, providing sub-second confirmations, atomic L2→L1 withdrawals, EIP-7702 smart wallet standard, optional governance, customizable fee markets, and KYC gated or fully open chains. The upgrade introduces multi-TEE real-time proofs, MEV and priority fee sharing, and EigenLayer-based AVS mechanisms, with all upgrades being compatible and gradually deployed, with core metrics shifting towards volume and speed.
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PUFFER4.92%
ETH4.56%
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13:07

The tokenization company Dinari will launch an L1 blockchain.

Golden Finance reports that Dinari is leveraging Avalanche's technology to launch its own Blockchain to enhance the trading of tokenized public securities. The Dinari financial network aims to unify the settlement and clearing of tokenized stocks across different blockchains, similar to the role of DTCC in the US stock market. This move aligns with the trend of stablecoin issuers like Circle and payment companies like Stripe developing proprietary chains.
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L10.47%
05:28

Pharos plans to integrate the Morpho lending system into the Mainnet.

Odaily News RWA L1 public chain Pharos plans to integrate the Morpho network lending infrastructure into the Mainnet. The cooperation aims to bring on-chain real-world assets into a modular and transparent lending system. It is reported that the Morpho lending protocol currently secures over $9 billion in funds, marking a strategic step towards building credit channels for institutions and decentralized participants in the DeFi lending market.
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MORPHO5.77%
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06:29

OMNI (Omni Network) has pumped 26.12% in the last 24 hours.

Gate News Bot news, August 7, according to CoinMarketCap data, as of the time of writing, OMNI (Omni Network) is currently priced at $4.78, having risen 26.12% in the last 24 hours, reaching a high of $4.78 and a low of $3.92, with a 24-hour volume of $185 million. The current market capitalization is approximately $165 million, an increase of $34.2 million compared to yesterday. Currently, OMNI ranks 258th in global Crypto Assets market capitalization. Omni Network is an abstraction layer of the Ethereum ecosystem that allows developers to access all cross-rollup users and liquidity without upgrading contracts. Omni currently supports Ethereum L1, Arbitrum, Optimism, and Base networks, with plans to add more network support in the future. The project aims to simplify applications.
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