In recent months, the world of DeFi has experienced organic growth and has become a hot topic in the financial industry. DeFi offers financial services without a centralized body, which are those that operate on blockchain networks without the use of conventional financial intermediaries. The majority of users want greater security, transparency, and autonomy, and this enables broader access to financial services in these areas. The past week was full of different events, especially in Bitcoin and other ecosystems like zkSync, Arbitrum, and Optimism.
The wait is over.
All aboard zkSync Era∎ Mainnet!
Today, Ethereum's first zkEVM is:
• Opening mainnet to builders 🥳
• Adopting a brand new name 🎈
• Open-sourcing its entire codebase 🎆https://t.co/PoZeliPU8t1/8
— zkSync (∎, ∆) (@zksync) February 16, 2023
The Ordinals NFTs, which had a lot of mainstream attention last week, have had several project derivatives. The Ordinals NFTs wallet is a cutting-edge digital wallet designed to provide a secure and efficient means of managing non-fungible tokens (NFTs). Built on blockchain technology, this platform offers users the ability to safely store, purchase, and sell unique digital assets. The Ordinals NFTs wallet interface is intuitive and user-friendly, making it easy for anyone to manage their NFT portfolio. In addition to providing top-notch security and reliability, this wallet is designed to accommodate Bitcoin and the Ordinals NFT, making it easy for users to transact in their preferred digital currency. With the NFT market rapidly expanding, the Ordinals NFTs wallet is an excellent tool for collectors and investors looking to take advantage of exciting new opportunities in the digital collectibles space.
Also this week, zkSync launched its highly anticipated Mainnet 2.0, which promises to offer an even faster and more efficient experience for users. This new version of the platform is built on cutting-edge technology, including zk-rollups and STARKs, which enable lightning-fast transactions while maintaining the highest level of security. With Mainnet 2.0, users can enjoy lower gas fees, faster confirmations, and a seamless user experience that is sure to impress. Zksync is poised to become a significant player in the world of decentralized finance (DeFi), and the launch of Mainnet 2.0 is a significant step towards that goal.
The Arbitrum Ecosystem has also seen major events this week with Nitro Cartel and Dsquared Finance breaking volumes during their presales and fair launches.
Nitrocartel’s $TROVE launch on Arbitrum by Camelot Dex was a major success, raising over 4000 ETH during just a few hours of its fair launch. The project’s Twitter account shared some actively engaged posts that reached thousands of likes, as most folks were eagerly anticipating the launch. This incredible achievement is a testament to the team’s hard work and dedication, as well as the quality of the project itself. The launch has generated a lot of buzz within the DeFi space and has cemented Nitrocartel’s position as a serious player in the world of decentralized finance on Arbitrum. It will be interesting to see how the project develops in the coming months and how it will impact the broader crypto space.
