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Pump.fun rolls out its “Project Ascend” reforms, aiming to strengthen its ecosystem and boost PUMP’s token price.
WisdomTree launched its $25 CRDT fund on Ethereum and Stellar, opening private credit to retail and crypto-native investors. The tokenized product brings liquidity, transparency, and regulatory compliance to a $1 trillion alternative asset market.
Succinct Labs has partnered with Optimism to develop OP Succinct, which can upgrade any OP Stack chain to use zero-knowledge proofs within an hour. This will improve transaction speeds and reduce fees for Ethereum Layer 2 scaling solutions. Succinct Labs has raised $55 million and claims its new approach is faster and cheaper than standard optimistic rollups. OP Succinct can be easily integrated into existing deployments, addressing scalability and transaction speed issues on the Ethereum mainnet. In June this year, OP Labs released a fault proof system that allows users to challenge and revoke invalid withdrawals, providing a mechanism for Ethereum Layer 2 networks. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.