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Optimism (OP) is a Layer-2 network that aims to increase Ethereum’s transaction throughput while decreasing the cost of transacting. This is achieved through an optimistic rollup design. Transactions are executed on OP Mainnet, Optimism’s original network, while relying on Ethereum for settlement, consensus, and data availability.
The recent rally of ADA has even surpassed the upward momentum of Bitcoin and meme tokens.
Cardano’s founder recently confirmed his involvement in shaping US crypto rules.
Quick Take
Bleap has raised $2.3 million in a pre-seed funding round led by Ethereal Ventures to launch a self-custodial stablecoin payments app.
Bleap is currently in beta with select EU users, with a full public deployment scheduled for Q1 2025 and a token launch expected in 2026.
Steve Baker was appointed the newest Advisor of the BTC-focused venture capital firm Axiom.
He joins the long list of public servants who decided to switch from politics to blockchain technology.
Stablecoins currently make up 1% of U.S. M2 and FX transactions, but they could feasibly reach 10% of each measure as the sector gains legitimacy, analysts said.
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