Ethereum Layer 2 ecosystem: Optimism Superchain expanding power

Optimism-based Superchain networks are growing in Ethereum Layer 2 ecosystem, expected to reach 80% market share by year-end. Superchain currently processes 11.5 million transactions daily with $4 billion TVL.

Farcaster launches new data layer 'Snapchain'

Farcaster, an Optimism-based Web3 social network, launched Snapchain, a new data layer for social networks capable of processing over 10,000 transactions per second.

Tether launches USDT0 on OP Superchain

Tether has launched a new cross-chain stablecoin USDT0 on the Optimism (OP) Superchain, following its initial deployment on Kraken's Ink network.