Weekly Analytics

PayPal's stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana:

Stablecoin market cap hits new all-time high, beating early 2022 record:

Top Highlights

1. Telegram CEO Pavel Durov was reportedly arrested in France

2. Tether mints another $1B USDT on Tron network

3. @CowSwap Wintermute LP partnership proposal passed

4. @JuptierExchange introduces Jupiter Lock

5. @WuBlockchain: CZ out of prison & transferred to a LA Halfway House

6. Russia to launch 2 crypto exchanges and stablecoins linked to the Yuan and BRICS currency

7. @MakerDao: Endgame introduces a new stablecoin and new governance token (NGT)

8. @Conduitxyz launches marketplace for rollups

9. @BNBChain announces @Four_Meme_'s Points Summer Season 1

Ecosystem

Arbitrum

1. @arbitrum: Arbinaut Weekly

2. @OffchainLabs: A roadmap of Arbitrum innovations

3. @Uniswap: $190B+ in swaps since 2021 from Arbitrum

4. @graphprotocol: Arbitrum Nova is now available in Subgraph Studio

5. @nillionnetwork: Live on Arbitrum

Base

1. @base: Launching of Basenames

2. @AcrossProtocol: Bridged over $1B to Base

3. @Raiinmakerapp: New AI training app to Base

4. @Optimism: Introduces The SUNNYs incentive program

Blast

1. @Pacbotapp: Introducing PacBot 2.0

2. @BaselineMarkets: New platform on Blast for launching and scaling Baseline tokens

3. @stryke_xyz: DEX integration Sushiswap

Scroll

1. @Scroll_ZKP: Mainnet Weekly Update

2. @Scroll_ZKP: The Darwin Upgrade is officially live

3. @CeDeFiAI: Integration with Scroll

Linea

1. @ethstatus: Partnering with Linea to launch a L2 Status Network

2. @LineaBuild: Surge Volt 4 Launch

3. @LineaBuild: About Account Abstraction

4. @turtleclubhouse: New phantom liquidity protocol on Linea

ZKsync

1. @aave: Now live on ZKsync

2. @ZTXofficial x @oncreator_ : Collaboration to launch Creator chain on ZKsync

3. @cronos_chain: Cronos zkEVM alpha mainnet

Mantle

1. 0xMantle: Weekly Round Up

2. @FBTC_official: Sparkle campaign is now live

3. @mETHProtocol: New ETH staking protocol to Mantle

Starknet

1. @Starknet: Debut of parallel transaction execution on testnet

2. @cosmos: Starknet goes interchain

3. @Starknet: Gaming Ecosystem Showcase

4. @Dmailofficial: New grant recipient of Starknet

5. @Starknet_OG: Huge TPS on v0.13.2 from Starknet

Mode Network

1. @HTX_Global: New listing of $MODE

2. @VelodromeFi: SuperFest Update on Velodrome on Mode

3. @DesynLab: Official live on Mode

Near

1. @ilblackdragon: Chain abstraction is happening now

2. @burrow_finance x @finance_ref: LP as Collateral Is now LIVE

3. @CoinbaseAssets: $NEAR is now available to NY residents

Fundraises

1. @StoryProtocol: raises $80M in a Series B round led by a16z crypto to build the World’s IP Blockchain

2. @GummiFi: announces $2M seed round led by Arrington Capital

3. @WSPNpayment: raises $30M seed round backed by Foresight Venture and Folius Ventures

4. @FabricCrypto: raises $33M in Series A led by Blockchain Capital and 1kx Network

5. @BiFinanceE: raises $10M in Series A led by Sunfund Fortuna Global Opportunities

6. @KIPprotocol: raises $5M in a private round led by Animoca Ventures and Tribe Capital

7. @use_corn: raises $6.7M in seed funding led by Polychain Capital

8. @GenLayer: raises $7.5M in seed round, led by North Island Ventures

9. @satlayer: raises $8M in a pre-seed round led by Hack VC and Castle Island

New Products

1. @DapDapMeUp: Launches d’Avinci

2. @PichiFinance: PointsFi Marketplace

3. @BubblyFinance: now live on Mainnet

4. @babylonlabs_io: Bitcoin Staking Mainnet Phase-1

5. @azuroprotocol: $stAZUR is now live

6. @HypurrScan: a HyperLiquid L1 Explorer

New Networks

1. @AstarNetwork: Sony Introduces an L2 blockchain "Soneium", building upon Astar zkEVM

2. @GravityChain: New layer 1 network goes mainnet, created by Galxe

3. @KaiaChain: Upcoming mainnet of KaiaChain - previously Klaytn & Finschia

New Token Launches

1. @OrderlyNetwork: $ORDER Airdrop Claims is now live

2. @GammaSwapLabs: $GS token TGE details

3. @XBorgHQ: $XBG is now live

4. @SimonsCat: $CAT is live and now trading

5. @basedevo: $BASED token launch

6. @Binance: $DOGS TGE on Binance

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