- Arbitrum improves Ethereum scalability with layer-three expansion, governance through ARB, and lower fees.
- StarkNet enhances blockchain scalability via ZK-Rollups, supporting various use cases without compromising security.
- EigenLayer’s intersubjective validation boosts blockchain security for a broader range of tasks
In the forthcoming week, various blockchain plans for considerable token unlocks as the crypto market expands. These upcoming events may give considerable opportunities to investors because the token unlock affects the market and can reveal the future growth of prospective cryptocurrencies. Here’s a list of the tokens expected to go live soon and how they may transform this industry.
Arbitrum(ARB) brings new features to Ethereum
Current price:$0.5265
Market cap:$1.91B
Arbitrum is a positive roll-up solution to Ethereum that provides faster, more scalable, and cheaper transactions. Moving most computational and storage tasks out of the blockchain delivers an extraordinary ability to process transactions at a lower cost. As an ecosystem, Arbitrum is managed by the ARB token, through which its community can approve different proposals that affect the ecosystem. Furthermore, the platform is planned to launch the layer three solution—Orbit—which will extend developers’ capabilities and validator sets while strengthening the platform’s decentralized approach.
StarkNet(STKR) Enhances Blockchain Scalability
Current price:$0.418
Market cap:$810.84M
StarkNet, a permissionless decentralized ZK-Rollup, provides scalability without compromising Ethereum’s security. Powered by STARK cryptographic proofs, the platform allows any decentralized application (dApp) to scale seamlessly. Written in Cairo, StarkNet contracts support various use cases, enhancing the Ethereum network’s capacity while maintaining composability. Its role in optimizing blockchain infrastructure makes StarkNet a crucial player in the Web3 ecosystem.
EigenLayer(EIGEN) Introduces Intersubjective Validation
Current price:$3.55
Market cap:$661.52M
The Eigen token powers EigenLayer, introducing a new dimension to blockchain security. EIGEN tokens enable staking and validation of intersubjective tasks, expanding the range of digital tasks that can be securely managed on-chain. This feature enhances the security layer for operators and incentivizes high performance while ensuring that multiple observers agree on task validation, boosting transparency and accountability.
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Nym(NYM) A New Era of Privacy
Current price:$0.07357
Market cap:$58.94M
NYM introduces a decentralized privacy network that offers unmatched protection through its mixnet infrastructure. The newly launched Nym further enhances security with zk-nym credentials, allowing for anonymous financial transactions. The platform represents the next step in secure and private communications for blockchain users.
Echelon Prime Fosters Web3 Gaming
Current price:$7.95
Market cap:$284.52M
The Echelon Prime Foundation, with its native token PRIME, is advancing the next generation of gaming. Echelon integrates Web3 ecosystems into the gaming industry by distributing tools to support novel gaming models. Adopting PRIME in games like Parallel signals the foundation’s pivotal role in shaping future gaming economies..
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