NFT-optimized Palm Network to become a Polygon ZK Supernet
The Ethereum sidechain will transition to a proof-of-stake network this August and become a full-fledged layer 2 based on Polygon’s zero-knowledge protocol in 2024.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Ethereum sidechain will transition to a proof-of-stake network this August and become a full-fledged layer 2 based on Polygon’s zero-knowledge protocol in 2024.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Standard Chartered says Ethena’s ENA could crush Bitcoin and Ethereum returns by 2028
Standard Chartered expects Ethena’s ENA token to rise about sevenfold by 2028, provided the protocol can rebuild its shrinking syn...
Ethereum Price Prediction: Could Aztec’s zk.money Drive ETH Higher as Zcash Fuels Privacy Narrative?
Ethereum is trading at $2,665, flat over 24 hours, leaving it below the $2,700–$2,735 resistance band as our recent price predicti...
Ethereum (ETH) Price Prediction: Coinbase Buying Picks Up as ETH Eyes a $2,720 Breakout
Ethereum price is consolidating near $2,680 as buyers attempt to maintain the recovery and push through the next resistance zone....
PUMP Crypto Surges +15%: Will Pump.Fun Explosion Boost SOL?
PUMP crypto is trading at $0.0058, up nearly +15% overnight after a +60% move over the past two weeks. Daily trading volume has al...
21Shares Sets New Staking Payouts Across Five Crypto ETFs
TL;DR 21Shares has declared September staking distributions for five crypto ETFs covering Ethereum, Solana, Hyperliquid, Sui and P...
Ethereum prepares Glamsterdam testnet upgrade, targeting higher L1 throughput and efficiency
The Glamsterdam upgrade could significantly enhance Ethereum's scalability and efficiency, potentially reshaping its network dynam...