Daily Bits

Sonic, a layer-2 blockchain on Solana, has surpassed $50 million in staked delegation on the Solayer platform, marking it as the largest delegated Actively Validated Service (AVS) on Solayer.

Franklin Templeton has expanded its OnChain U.S. Government Money Market Fund (FOBXX) to Coinbase’s Base, an Ethereum Layer-2 network, allowing users to trade the fund on Base.

SIP-411 proposes acquiring Kwenta, Synthetix's leading front end, to relaunch the Synthetix Exchange, contingent on approvals from both the Spartan and Kwenta Councils.

MANTRA has partnered with Google Cloud, making it a primary validator and infrastructure provider for MANTRA Chain.

Alchemy Pay announced plans to launch a layer-1 blockchain, Alchemy Chain, using Solana Virtual Machine (SVM) architecture.

The mETH protocol will launch its $COOK token on October 29, 2024, with the start of Season 2: Methamorphosis and the introduction of the liquid restaking token $cmETH on October 30, 2024.

The GOAT perpetual contract has launched on Bybit, featuring up to 12.5x leverage.

Mantra has launched the mainnet of its Layer 1 network focused on real-world assets (RWAs).

Sui has launched its first global incubator hub in Dubai, in collaboration with Ghaf Group, to support blockchain developers and entrepreneurs.

Pump.fun has launched Pump Advanced, the fastest trading terminal featuring mini charts, top holder stats, and social activity in a single view.