To unlock real growth, consumer apps must deliver web2-like simplicity: one unified balance, fast, frictionless transactions, and zero visible complexity.

The current wallet experience for users is not suited for transacting in a world with hundreds or thousands of rollups. It forces an average Ethereum user to deal with fragmented assets, forcing them to manage fragments of their assets across 100+ rollups along with complexities like GAS, bridging & RPCs for every transaction.

Over the last few years, the Ethereum ecosystem has made tremendous strides in advancing the modular roadmap, a strategic plan aimed at enhancing scalability and efficiency through specialization and layering within the blockchain network. This has led to the development of an increasing number of chains, each specialized for distinct use cases. The cost of spinning up a new rollup has decreased significantly, blobs and data availability have made settling transactions even cheaper, and we now have L3s on top of L2s. It’s only a matter of time before we get to a world of 10,000 rollups and chains.

TL;DR: Coinbase Ventures is joining Socket as a strategic investor. With this investment, we’re expanding our collaboration with Coinbase to bring cross-chain primitives across their products like Base & Coinbase Wallet.

TL;DR: Today, Aevo introduces native bridging powered by Socket to enable zero-cost transfers from Arbitrum & Optimism. Aevo is the first OP-Stack rollup to open gates for users beyond Ethereum by allowing them to bridge USDC from Arbitrum & Optimism.

We began SocketSurge with this radical thought - what if we put community at the centre of interoperability security?

TL;DR: We’re launching Socket DataLayer (Socket DL) incentivized testnet on 1st May 2023. Break the testnet to earn your place in SocketSentinels, a collective that drives security for the Socket Protocol