The post Ronin Network Upgrades to Ethereum Layer 2 with Optimism appeared first on Coinpedia Fintech News
Ronin Network is transitioning to Ethereum Layer 2 using Optimism’s OP Stack, offering 15 times faster transactions and improved security. The move includes $5-7 million in milestone grants and connects Ronin to the wider Superchain ecosystem, including popular platforms like Base and Uniswap. This upgrade aims to enhance scalability and user experience, supporting gaming, DeFi, and NFTs as Ronin embraces a stronger, more versatile blockchain future.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets. Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more

