On September 3, the X Account, managed by the Ethereum Foundation (EF), published a report detailing “28 things the ecosystem has achieved in recent weeks.”
The report is synthesized It considers how Key advances in the protocolfrom digital governance to the adoption of decentralized finances (DEFI) and Stablecoins.
DAO’s private chain vote
The Aragon Project and the Privacy Ethereum Platform have implemented a verifiable voting system, encrypted, thanks to Zkmaci.Zero knowledge, ZK).
This allows decentralized autonomous organizations (DAOs) to hold internal elections Without compromising voter privacy.
DAO is a digital organizational model that uses intelligent contracts to make collective decisions. Using ZK, DAOS CAN Protect your identity and personal data Ensures auditable results of participants. This brings you closer to a more transparent and reliable governance system.
Stablecoins supply growth
The total number of stubcoins issued on the Ethereum main network has been reached, according to the report. Up to $160 million in history.
Stablecoins act as a bridge between traditional finances and the cryptocurrency ecosystem. This is to maintain value related to assets such as the US dollar.
This increase in issuance and distribution reflects Ethereum remains Dominant infrastructure For the creation and use of these stable digital assets.
In that sense, data farm data On-chain Artemis’s support Ethereum’s advantage in ecosystems stablecoins.
As seen in the next graphics, Ethereum has been moving, with the largest supply of Stubrecoin moving, surpassing Tron, Solana, BNB chains and more, since the end of 2019.
The use of tron networks to move USDT stability in particular has become well-known in recent months, but Ethereum remains the queen of its aspect.
Aave’s New Real -World Asset Market (RWA)
One of Ethereum’s most used protocols, Aave Labs, has launched Horizon RWA, a market that allows institutions Get a loan from Stablecoins using Real World Assets (RWA) as collateral.
RWA includes traditional assets such as bonds, invoices and tokenized products. Integration into Ethereum allows these devices to be used within Defi applications, expanding the scope of the protocol beyond digital native assets.
Meanwhile, the report also shows the avenue Net deposits exceeded $660 million When I studied. Aave’s growth in deposits demonstrates user trust in this type of open financial solution.
PayPal’s stable Uniswap usage has increased the record marks for exchanges
El Token Pyusd Registered $10.7 billion in quarterly transfersmuch higher than the previous year’s 2.7 billion quarter.
The participation of global companies such as PayPal in Ethereum confirms the role of protocols as infrastructure for international payments and transfers.
The evolution of Pyusd shows the user They employ these solutions in real and everyday environmentsnot just within the cryptocurrency realm.
Meanwhile, UniSwap, Ethereum’s leading distributed exchange protocol (DEX), has registered 719 million businesses over the course of a year.
Unlike central exchange (CEX), UNISWAP allows users to exchange tokens Directly between them Intelligent contract.
Starting a Gemini Wallet
Gemini announced the arrival of smart wallets based on August 14th PassKeys (Digital credentials generated by the device), design For independence Ether (ETH) and its second layer network asset (L2).
loss PassKeys They replace traditional passwords, We are seeking to reduce entry barriers for new userswhilst reinforcing the importance of maintaining direct control over funds.
Migration of the Ronin Network to Ethereum L2
Ronin Network announced August 14th Convert to Ethereum L2 NetworkReconstruct one of the largest ecosystems game Web3.
Ronin is a native Axie Infinity chain, game, among other things «play-to-earn» Play to win with the Non-Subject Token (NFT) that popularized digital creature breeding and trading in 2021.
Currently, Ronin is a Side chain (side chain), that is, an independent network that operates in parallel with the main network (in this case, Ethereum), Linked to her through the bridge (bridge) Transfer assets.
a Side chain The main layer also means the following risks hackeos, bridge safety failure or smart contract errorwhich could lead to loss of funds.
By 2026, the team behind Ronin will move to Ethereum L2. Ethereum security and liquidityOvercoming current limitations Side chain.
Grals Update on StarkNet
StarkNet, an L2 with zero knowledge tests, has launched the Grand Update. This refers to a distributed transaction sequence.
However, Cryptonoticia reported several hours due to technical failures when implementing updates, requiring adjustments, reflecting the challenges between innovation and stability.
Worldcoin tests for 15 million people
According to the report, the WorldCoin Project Since its launch, it has reached 15 million human identity.
This network uses an IRIS scanner to generate a unique Ochain identification in exchange for the rewards of the WLD token. The device captures the iris pattern of the private key. Induces ethical debate on privacy.
Therefore, exposed development together strengthens the protocol’s position Multi-faceted infrastructure For financial and social applications.