The hottest Layer 1 Substack posts right now

BIS to focus on tokenisation & CBDC in 2024; tokenised treasuries market cap up 657% YoY
Polygon's Chain Development Kit received a boost from NEAR Protocol with lower data storage costs
Frax Finance completed V3 rollout, launches Frax Bonds for utility across DeFi protocols

Circle, the USDC issuer, has filed for an IPO in the US, aiming to become a publicly traded company.
Polygon launched a new testnet and zkEVM enters the next stage of development, enhancing developer resources.
Cosmos Hub is considering a proposal to reduce ATOM's inflation rate to 0%, if approved by the network.

Ethereum Layer-2 networks reach a record high TVL of nearly $21B in Jan 2024.
This week's DeFi market cap and volume indices were negative, while volatility was positive.
News highlights include Ethereum Dencun upgrade testnet dates and plans for PYUSD deployment on Aave.

Ethereum Dencun upgrade goes live on Sepolia testnet.
Weekly DeFi market cap index was positive, volume and volatility indices negative.
TVL of top chains and top DEX by chain were highlighted.

Transaction activity on Avalanche's C-Chain jumped from about 250,000 to nearly 1.2 million, mainly due to a lot of USDC transfers and small transactions under $10.
New tools like DEX routers and the launch of new Layer-1 blockchains, such as MapleStory Universe, helped increase transaction volume by making trades easier and more frequent.
The recent Etna upgrade cut transaction fees by over 90% which made it easier and cheaper for developers to create new applications and blockchains on Avalanche.

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