​​Top Ethereum Layer 2 Projects by Total Value Locked (TVL)

TVL is the overall value of crypto assets deposited in Ethereum Layer 2 networks. The overall TVL among all projects now equals $38.4B with Arbitrum $ARB, Optimism $OP, Base, Blast, and Mantle $MNT making the top leaders.

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​​Nuklai (NAI) has announced the launch of its staking campaign

Nuklai rolls out its delegated staking campaign for Nuklai's Validator Nodes. The community will have an opportunity to participate in the ecosystem's long-term growth by staking their $NAI tokens on Nuklai's first NAI staking campaign. Moreover, before the Nuklai mainnet launch, stakers will be rewarded with the option of staking their $NAI into a mid-length staking campaign. Nuklai is an innovative layer 1 blockchain infrastructure to host a collaborative data ecosystem that will fuel AI and Large Language Models (LLMs) with world-class data.

👉🏻 nukl.ai/resources/nai-staking-ann

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​​Coin of the Day by Market Sentiment - Arweave (AR)

Arweave is a decentralized data storage platform that’s used for everything from storing metadata for NFTs to developer tools.

Predict Arweave price movements on Oriole Insights
👉🏻 app.orioleinsights.io/projects/arweave

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​​Carv raises $10M in Series A funding led by Tribe Capital and IOSG Ventures

Additional round participants included Arweave, Consensys, Draper Dragon, Fenbushi Capital, LiquidX, MARBLEX, No Limit Holdings, and OKX Ventures. With the fresh capital, Carv plans to enhance the design of its CARV Protocol and launch the CARV Link and CARV Database solutions.

👉🏻 techcrunch.com/2024/04/25/carv-raises-10m-series-a-to-help-gaming-and-ai-firms-monetize-data

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​​Movement Labs has closed its $38M funding round led by Polychain Capital

Movement Labs, a blockchain company that aims to bring Facebook's Move Virtual Machine to Ethereum, announces the closure of its $38M Series A funding. The round also featured participation from Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs. The firm develops Movement L2, a new layer-2 Ethereum blockchain based on the Move programming paradigm.

👉🏻 coindesk.com/tech/2024/04/25/movement-labs-raises-38m-for-rollup-based-on-facebooks-move-language

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​​Aethir (ATH) announces the launch of the Aethir Cloud Drop campaign

Aethir kicks off the Aethir Cloud Drop event with $ATH rewards for the community. The campaign will be live till May 12th, allowing users to earn $ATH by purchasing Aethir Checker nodes, engaging on social media, participating in quizzes, referring to friends, and being part of specific NFT/token communities. Among the first set of communities set to receive these airdrops are WolvesDAO, Ai Arena, and Azuki. Aethir builds scalable decentralized cloud infrastructure for Gaming & AI.

👉🏻 x.com/AethirCloud/status/1783481210959737185

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​​Legend (LEGEND) has announced a partnership with Polygon (MATIC)

Legend teams up with Polygon, a platform for Ethereum scaling and infrastructure development. Through this integration, the projects will bring the power of blockchain to the sports world. Legend pioneers Sports RWA by tokenizing athletic achievements and connecting over 60M athletes worldwide with their supporters.

👉🏻 x.com/belegends_ok/status/1782827304802218387

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​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​Nuklai (NAI) has announced its partnership with Soarchain (SOAR)

Nuklai teams up with Soarchain, a DePIN project that incorporates AI and modularity, to redefining the landscape for drivers and dApp developers in the mobility ecosystem. The projects will enable the sharing of the mobility space DePIN data on Nuklai's smart data ecosystem. Earlier this week, Nuklai kicked off its delegated staking campaign for Nuklai's Validator Nodes. Nuklai is an innovative layer 1 blockchain infrastructure to host a collaborative data ecosystem that will fuel AI and Large Language Models (LLMs) with world-class data.

👉🏻 x.com/NuklaiData/status/1783164538830934453

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​​TOP Crypto Projects by Social Activity

Posts. Posts measures the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Ontology Gas (ONG) has been listed on the Bitget exchange

Trading for the $ONG token is now live on Bitget in the Innovation and Public Chain zones! Deposits and withdrawals are now open. Moreover, users can participate in the $ONG PoolX campaign, with an option to mine $ONG up untill May 4th, 8:00 UTC. ONG is a gas token of the Ontology blockchain that is used as a value-anchoring tool for on-chain applications and is used in the transactions on the chain.

👉🏻 bitget.com/support/articles/12560603808601

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​​Injective becomes the first blockchain to host XION’s Chain Abstraction solution

XION has rolled out its user-first Chain Abstraction solution, starting with Injective a Layer 1 blockchain optimized for building the premier Web3 finance applications. Through this integration, XION's Meta Accounts will be capable of controlling smart contract accounts on Injective, enabling users to seamlessly interact across two ecosystems in a user-friendly way. XION users can now interact with Injective’s Tails NFT marketplace, without cross-chain bridging, browser plugins, seed phrases, gas fees, and incomprehensible transaction signing. XION, developed by Burnt, is the first Layer 1 chain purpose-built for consumer adoption, backed by Multicoin Capital, Animoca Brands, Sfermion, HashKey Capital, Arrington Capital, Circle Ventures and others.

👉🏻 xion.burnt.com/blog/xion-launches-user-first-chain-abstraction

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​​Top 10 Blockchain Games by Volume (30d)

With the spread of Web3 technologies, blockchain games became the industry trend and keep on attracting the attention of gaming & crypto communities. We have made a recap of top blockchain games by volume in the last 30 days, so let's take a look!

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​​Smart Layer (SLN) has announced a partnership with the Zerion wallet

Smart Layer integrates with Zerion, a non-custodial wallet for crypto, DeFi and NFTs. Through this integration, users can now view and interact with ERC-5169 Modular DAPPs and NFTs through Smart Token Viewer on Zerion Wallet. Backed by Mechanism Capital, Crypto.соm capital, OKX Ventures, Framework Ventures, and others, Smart Layer has created a new digital asset paradigm through its innovative token standard ERC-5169 & TokenScript.

👉🏻 x.com/SmartLayer/status/1783704384310071738

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​​Sophon has successfully conducted the whitelist phase of its node sale

Sophon finishes the whitelist phase of its node sale, with 57,335 nodes sold worth around $29.9M. The public phase of the sale will start on April 30th. Node runners will be eligible to earn a share of up to 20% of $SOPH token emissions over 3 years. Sophon is a modular rollup leveraging zkSync’s Hyperchain technology that has recently raised $10M in funding led by Paper Ventures and Maven 11.

👉🏻 x.com/sophon/status/1783071044053393857

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​​TOP AI Ecosystem Coins by Social Activity

Posts. Posts measures the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​Natix raises $4.6M in a funding led by Borderless Capital and Tioga Capital

Natix, a DePIN project focused on mapping data, closes its strategic funding round led by Borderless Capital and Tioga Capital. Among additional investors are Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures and Moonrock Capital. The firms has also disclosed its plans to launch a native token on the Solana blockchain in the second quarter of this year.

👉🏻 theblock.co/post/290927/depin-natix-funding-token-airdrop-solana

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​​L3E7 raises $10M in funding led by Spartan Group and SevenX Ventures

L3E7, an open-world RPG game powered by location-based services, has closed its $10M funding round co-led by Spartan Group and SevenX Ventures. The investment also featured participation from Foresight Ventures, OKX Ventures, Big Brain Holdings, Longling Capital, Kekecely, Vertex Ventures, Comma3 Ventures, Meta Labs, Marvellous Creature, Giantwood, and Mantle EcoFund among others. The firm will use the fresh funds to fortify its brand presence, elevate game development endeavors, tap into the burgeoning web3 market.

👉🏻 medium.com/@L3E7_Official/the-worlds-first-3d-lbs-game-l3e7-completed-us-10-million-in-financing-with-spartan-group-and-ea304da466ab

​​Consensys has filed a lawsuit against Securities and Exchange Commission

Consensys sues SEC over its recent lawsuit that determines MetaMask as an unlicensed broker dealer and exerts jurisdiction over Ethereum. The new lawsuit comes as SEC Chairman Gary Gensler pursues an aggressive enforcement campaign against Coinbase and Uniswap. The complaint adds that the SEC’s encroaching authority over Ethereum goes against its own past statements that the cryptocurrency is a commodity, not a security.

👉🏻 fortune.com/crypto/2024/04/25/sec-sued-over-ethereum-crypto-firm-asks-court-to-state-token-is-not-a-security

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​​Pantera Capital intends to attract $1B investment for a new crypto fund V

The venture firm Pantera Capital seeks to raise $1B for a new crypto fund called Pantera Fund V. The new fund will be focused on startup equity, early-stage tokens and liquid tokens among others assets. Up to date, Pantera possess $5.2B in assets under management across three fund strategies.

👉🏻 theblock.co/post/291035/pantera-capital-1-billion-new-crypto-venture-fund-pantera-fund-v

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​​Aark (AARK) kicks off 1000x Trading Competition with $320K in rewards

Aark has announced the launch of the 1000x Trading Competition event with the reward pool of $320K. Participants will compete across 4 leaderboards on categories including volume, PnL, survival, and winning streak. Each category is allocated with different shares of the total prize, while the total prize pool grows in correlation with the total volume in the cascade. Aark Digital is the Leverage Everything Perpetual DEX for professional traders/LPs on Arbitrum

👉🏻 aarkdigital.medium.com/1000x-trading-competition-win-from-320-000-prize-pool-31939676b1d9

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