Friday, August 29, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium

23 August 2024
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter


Sony Block Options Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 community designed to speed up blockchain expertise adoption, based on an Aug. 23 assertion.

The layer-2 community—a results of a collaboration with blockchain infrastructure supplier Startale—seeks to bridge blockchain expertise (Web3) with on a regular basis web companies.

This undertaking indicators Sony’s ongoing growth into the digital asset house. Sony Group hinted at launching a crypto alternate in July after buying Amber Japan’s WhaleFin alternate. The tech large plans to rename and relaunch the alternate, though the timeline stays unclear.

Soneium

The community can be designed as a flexible, general-purpose blockchain with aggressive options, mixing parts from leisure, gaming, finance, and different sectors.

Soneium would leverage the Op Stack and Superchain developed by the Optimism Basis. A testnet might be launched within the coming weeks to offer builders with hands-on expertise.

A number of crypto protocols, together with Chainlink and the Astar community, are already becoming a member of the undertaking as launch companions. Astar stated its zkEVM answer would transition into Soneium, and its native ASTR token will play a significant function inside the deliberate layer-2 answer.

Jun Watanabe, Chairman of Sony Block Options Labs, highlighted Soneium’s alternative to introduce blockchain expertise to a worldwide viewers by leveraging Sony’s intensive attain throughout leisure, finance, electronics, and gaming. He emphasised that Soneium will finally combine with Sony Group companies to draw customers unfamiliar with Web3.

Layer-2 networks

Ethereum layer-2 networks are designed to reinforce mainnet scalability and velocity and have seen sustained success not too long ago.

Over the previous 12 months, the layer-2 panorama has grow to be crowded with main crypto corporations, together with Coinbase, launching their networks and scoring large neighborhood adoption.

Because of this, layer-2 networks now deal with most of Ethereum’s exercise. Based on out there information, about 89% of blockchain transactions happen on these platforms.

Ethereum layer-2 networks (Supply: Coinbase)

Nonetheless, some critics argue that this growth may hurt Ethereum in the long term. These networks have already pushed the blockchain community’s charges to three-year lows and will additionally probably sign the top of ETH’s “ultrasound cash” narrative.

Talked about on this article

Newest Alpha Market Report



Source link

Tags: EthereumGroupLayer2NetworkPlungeSoneiumSonyTakesWeb3
Previous Post

An Ultimate List Of Bitcoin Forks

Next Post

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

Related Posts

America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
Ethereum

America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana

29 August 2025
Ethereum Still A Bargain? StanChart Exec Says ETH Is ‘Cheap’ And Ready To Rally
Ethereum

Ethereum Still A Bargain? StanChart Exec Says ETH Is ‘Cheap’ And Ready To Rally

28 August 2025
Investment advisors drive 388,301 ETH surge in institutional ETF adoption during Q2
Ethereum

Investment advisors drive 388,301 ETH surge in institutional ETF adoption during Q2

28 August 2025
Ethereum Whales Strike Again: $456.8M Bought Across 9 Addresses | Bitcoinist.com
Ethereum

Ethereum Whales Strike Again: $456.8M Bought Across 9 Addresses | Bitcoinist.com

28 August 2025
SharpLink Doubles Down On Ethereum, Buys Another 56,533 ETH To Enhance Reserves | Bitcoinist.com
Ethereum

SharpLink Doubles Down On Ethereum, Buys Another 56,533 ETH To Enhance Reserves | Bitcoinist.com

27 August 2025
MetaMask launches social login feature using Google and Apple accounts for wallet access
Ethereum

MetaMask launches social login feature using Google and Apple accounts for wallet access

27 August 2025
Next Post
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

BRICS Pushes Forward: Russia to Launch Yuan-Linked Stablecoin in Response to US Sanctions

BRICS Pushes Forward: Russia to Launch Yuan-Linked Stablecoin in Response to US Sanctions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
Another Short-Lived Solana Rally? Here’s Why It May Be Different This Time

Another Short-Lived Solana Rally? Here’s Why It May Be Different This Time

29 August 2025
OKX Launches $100 Million Ecosystem Fund for X Layer – Crypto News Bitcoin News

OKX Launches $100 Million Ecosystem Fund for X Layer – Crypto News Bitcoin News

29 August 2025
Chainlink (LINK) Chosen By Nasdaq-Listed Caliber For New Crypto Treasury | Bitcoinist.com

Chainlink (LINK) Chosen By Nasdaq-Listed Caliber For New Crypto Treasury | Bitcoinist.com

29 August 2025
What is Dolomite (DOLO) and How Does It Work?

What is Dolomite (DOLO) and How Does It Work?

29 August 2025
Bitcoin Liquidity Weakens As Stablecoin Growth Down To $1.1B

Bitcoin Liquidity Weakens As Stablecoin Growth Down To $1.1B

29 August 2025
Nvidia CEO: Some Jobs Will Disappear As AI Advances | Entrepreneur

Nvidia CEO: Some Jobs Will Disappear As AI Advances | Entrepreneur

29 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$109,839.00-2.94%
  • ethereumEthereum(ETH)$4,356.57-5.41%
  • rippleXRP(XRP)$2.86-4.58%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$856.74-1.52%
  • solanaSolana(SOL)$208.38-2.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,346.10-5.43%
  • dogecoinDogecoin(DOGE)$0.213921-4.68%
  • tronTRON(TRX)$0.340242-2.57%