Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum
Dear Frens,
Happy New Month and welcome to the second half of the year.
The aftermath of the ZKsync token airdrop saw a significant sell-off, with over 41% of initial recipients liquidating their entire allocations on the first day. This massive sell-off pushed nearly $500 million worth of ZK tokens into the open market, causing a sharp price drop to around 20 cents.
On June 26, Blast, an Ethereum Layer 2 network created by the founder of NFT marketplace Blur, officially launched its token airdrop. The project allocated 50% of the airdrop to developers through Blast Gold and the other half to early users through Blast Points, based on their wallet and dApp balances.
Additionally, the Arbitrum Foundation announced its support for the EDU Chain blockchain for education. This network will allow EDU Chain Layer 3 transactions to settle on Arbitrum's Layer 2.
This issue’s editorial turns the spotlight on Base and its rapid advancement in just about a year after its public debut. As the year progresses, we anticipate more exciting developments in the Layer 2 space. Stay tuned here to keep apprised of events as they happen.
Contributors: Lucent, Melasin, anointingthompson1, jengajojo, Tonytad, Boluwatife, Kornekt, WinVerse
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