DePIN

DePIN utilizes blockchain and token incentives to build and maintain physical infrastructure, such as wireless networks, cloud storage, and energy grids.By decentralizing the ownership of hardware, projects like Helium and Hivemapper disrupt traditional centralized monopolies.In 2026, DePIN is a core pillar of the Web3 + AI economy, providing the decentralized compute and data collection necessary for autonomous agents. This tag tracks the growth of hardware-based rewards, crowdsourced infrastructure, and the democratization of global utility networks.

1500 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
XRP’s Institutional Push Gains Traction—Ozak AI Token Positioned as an AI Solution for Financial Automation

XRP’s Institutional Push Gains Traction—Ozak AI Token Positioned as an AI Solution for Financial Automation

The post XRP’s Institutional Push Gains Traction—Ozak AI Token Positioned as an AI Solution for Financial Automation appeared first on Coinpedia Fintech News The digital asset industry is at a crossroads. XRP is getting institutional traction as it solidifies its place in financial settlement systems. Meanwhile, Ozak AI is positioning its $OZ token as a solution for automation in financial markets. These developments show how blockchain settlement and AI driven analytics are converging. XRP’s Institutional Foundation On September …

Author: CoinPedia
Why $0.01 $OZ Token Could Soar 1200%

Why $0.01 $OZ Token Could Soar 1200%

The post Why $0.01 $OZ Token Could Soar 1200% appeared on BitcoinEthereumNews.com. Ozak AI ($OZ), Cardano (ADA), and XRP are among the crypto market coins being keenly tracked by investors as momentum continues to rise. Ozak AI has already become a notable product, combining artificial intelligence and decentralized physical infrastructure (DePIN) into a platform with extensive real-world uses. With its token currently at $0.01 in presale and set to move to $0.012 in the next stage, the project outlines a clear path toward 1200% returns when compared to its initial $0.01 price. XRP and Cardano, while delivering recent gains of 7% and 9%, respectively, are being outpaced by Ozak AI’s presale trend. Ozak AI’s Presale Growth and Technology Ozak AI has rapidly progressed in the presale process, beginning at $0.001 and increasing to the current fourth phase, $0.01. The next level will be to increase the price to $0.012, which is 900% higher than that of launch. A further move toward the project’s $1 target would equate to a 1200% return from the current presale level. According to official updates, more than 880 million tokens have been sold, raising over $3.00 million in total. The ecosystem of the platform is based on AI-enhanced infrastructure with the use of blockchain and DePIN technology. DePIN allows retrieval of information in a decentralized manner with real-time processing using information distributed among nodes. This architecture is secure, scalable, and resilient and does not need single points of failure. Ozak AI also adds predictive finance, data analytics, and enterprise-level solutions using autonomous agents. Youtube embed: Features, Tokenomics, and Partnerships The Ozak AI tokenomics create a limited amount of 10 billion $OZ tokens. The allocation is 3 billion presale buyers, 3 billion network, 2 billion reserves, 1 billion liquidity, and 1 billion team distribution. The project is transparent and equitable, with 70% dedicated to presale and community growth.…

Author: BitcoinEthereumNews
Why Ozak AI’s $0.01 Token Could Be the Smartest Flip Against Solana and XRP Gains

Why Ozak AI’s $0.01 Token Could Be the Smartest Flip Against Solana and XRP Gains

The post Why Ozak AI’s $0.01 Token Could Be the Smartest Flip Against Solana and XRP Gains appeared on BitcoinEthereumNews.com. Ozak AI’s presale has placed its token at a starting price of $0.01, drawing attention from traders who see potential in low entry points. Already over 880 million $OZ tokens have been sold, raising nearly $3 million in funding. The next stage will lift the price to $0.012, while the long-term target is set at $1. With Solana and XRP both trading at far higher levels, analysts are weighing whether Ozak AI offers a sharper opportunity for near-term flips. Ozak AI’s Low-Cost Opening Compared With Solana and XRP Ozak AI is built to deliver predictive analytics through artificial intelligence and decentralized infrastructure. Its system includes the Ozak Stream Network for rapid data processing, DePIN for distributed security, and Ozak Data Vaults for long-term storage. Prediction Agents (PA) allow users to create tailored AI models without technical expertise, giving both individual traders and institutions access to customized market insights. The OZ token underpins the platform. It’s used for transactions, Prediction Agent access, governance, and community rewards. The token supply is capped at 10 billion, with 30% for presale, 30% for ecosystem and community development, 20% for reserves, and 10% each for liquidity and the team. At $0.01, the presale is the lowest entry point before wider adoption could push prices up. For comparison, Solana’s token is trading at $238.04 with a 6.03% daily gain. XRP is priced at $3.04 with a 0.74% increase. While both assets continue to attract investment, their higher prices make it more difficult for traders to achieve large percentage flips in a short time. Ozak AI’s smaller base price, by contrast, means a move from $0.01 to $0.02 already represents a 100% return. Youtube embed: Strategic Partnerships Supporting Growth Beyond presale momentum, Ozak AI has begun to establish external partnerships. The project recently confirmed a collaboration with…

Author: BitcoinEthereumNews
AI Narratives Lift Tokens While Oracle Surges Past Nvidia Value

AI Narratives Lift Tokens While Oracle Surges Past Nvidia Value

The post AI Narratives Lift Tokens While Oracle Surges Past Nvidia Value appeared on BitcoinEthereumNews.com. AI-focused crypto sectors like DeFAI and DeSci led weekly market gains with strong momentum. Oracle’s $200B market surge boosted its valuation near $1T, surpassing Nvidia in investor sentiment. NFTs and lending protocols faced steep declines, contrasting with growth in utility-driven crypto sectors. AI-driven crypto categories posted the strongest gains this week, led by DeFi AI (DeFAI) with a 4.5% rise. Decentralized Science (DeSci) added 4.3%, while AI Agent projects advanced 4.0%. Privacy tokens climbed 3.2%, and centralized exchanges gained 3.0%. Broader Market Breakdown Layer 1 and Layer 2 networks rose 2.8% and 2.6% respectively. Core DeFi gained 2.2%, DePIN climbed 1.8%, and real-world assets (RWA) advanced 1.2%. Memecoins added 0.5%, while decentralized exchanges were nearly flat at 0.2%. The AI sector has been underperforming for most of the year, but now narrative is heating up. Some top #AI projects looking to launch at the end of Q3 fueling this sector. I will be sharing my research on some of them in my discord: https://t.co/HFc6FwWdFv pic.twitter.com/CkEWwXGKDZ — Rand (@crypto_rand) September 11, 2025 Lending Protocols and NFTs Lag Behind Speculative sectors saw sharp pullbacks. Lending protocols dropped 2.3%, non-fungible tokens (NFTs) slipped 1.5%, and oracle-based tokens fell 0.9%. Gaming tokens edged down 0.1%, showing limited activity. Capital Flows Rotate to Utility Tokens The divergence pushed inflows toward innovation-focused areas like DeFAI and DeSci, while speculative categories such as NFTs and lending faced pressure. Related: Memecoins and AI Tokens Control 62.8% of 2025 Crypto Market Attention — Here’s Why Oracle Market Value Surges by $200 Billion Oracle added $200 billion in market value in a single session, lifting its capitalization close to $1 trillion. The rally pushed founder Larry Ellison’s net worth up by more than $107 billion, making him the world’s wealthiest individual ahead of Elon Musk. AI Infrastructure Partnerships Drive Rally…

Author: BitcoinEthereumNews
Why are the newly launched DATs from Multicoin, Jump, and Galaxy undervalued?

Why are the newly launched DATs from Multicoin, Jump, and Galaxy undervalued?

Author: Haotian Why is the newly created DAT portfolio of @multicoincap + @jump_ + @galaxyhq potentially undervalued by the market? Here are my thoughts: 1) Forward Industries, Inc. ($FORD) is a long-established company listed on Nasdaq, but its market capitalization is small, currently less than $60 million, with 1.71 million shares outstanding. After injecting new operating businesses through PIPE private equity financing, the original operating entity has less baggage, so the subsequent impact of the shell company is relatively small. 2) @KyleSamani is like @saylor for $BTC and @fundstrat for $ETH. He has always been a very persistent technical and narrative evangelist for $SOL. In this DAT game, he personally invested an additional $25 million, which shows that he is going to play a big game. 3) Multicoin, Jump, and Galaxy all have deep ties with Solana. Multicoin has invested over $500 million in the ecosystem. Jump, a high-frequency Wall Street institution, has also invested heavily in the ecosystem, serving as a Firedancer node, exploring the DFBA (Dual Stream Batch Auction) mechanism, and providing Market Maker services to the ecosystem. Galaxy holds over $1 billion in SOL and has also tokenized its own stock $GLXY on Solana. Its advantages in global VC networks and institutional resources are very eye-catching. Narrative evangelism + technological innovation + resource access: this highly complementary iron triangle should not be underestimated. 4) Solana's upcoming Alpenglow consensus and Firedancer client node diversity will significantly improve its performance. Mainnet testing has previously achieved over 100,000 transactions per second (TPS), with execution speeds reduced to under 150 milliseconds. The innovative DFBA mechanism may give rise to new killer products on the Solana chain. However, a key technical detail that many people overlook is the recent SIMD-228 governance proposal, which was rejected. If it had passed, it would have reduced SOL's staking inflation rate, significantly impacting the DAT's appeal to institutions. Technical performance, innovative genes, and profitability—everything seems ready to go, just to take up the baton of Solana's DAT. 5) @solana's DAT narrative isn't simply a "micro-strategy" copycat of BTC, Ethereum, and other altcoins. While other DATs focus solely on the token itself, Solana's DAT treasury radiates across the entire ecosystem, ultimately aiming to shed its focus on being a pure MEME chain and transform into a new Internet Capital Markets (ICM) narrative. This aligns perfectly with the broader trend of tradfi integration driven by the crypto-friendly US government. Moreover, the ICM narrative is large enough for Solana to encompass narratives such as the MEME launch pad, DePIN, PayFi, HFT Trading, and more.

Author: PANews
MasterPay Group Fuels DePIN Revolution with Strategic Investment in OKZOO

MasterPay Group Fuels DePIN Revolution with Strategic Investment in OKZOO

MasterPay Group, a dominant force in the financial technology sector, announcesa strategic investment into OKZOO, a pioneering company at the forefront of the Decentralized Physical Infrastructure Network (DePIN) revolution. This significant investment is poised to accelerate the advancement of DePIN technology, particularly through the innovative integration of Artificial Intelligence (AI) and the Internet of Things (IoT) on the blockchain, and to facilitate OKZOO's ambitious expansion into the health tech sector. OKZOO's groundbreaking framework is designed to empower smart devices for high-quality data collection. By blending AI and IoT capabilities within a robust blockchain environment, OKZOO is cultivating a global network where users can seamlessly deploy hardware, gather high-quality, real-world data, and receive direct peer-to-peer rewards for their valuable contributions. This decentralized approach to data collection is not merely an innovation but a foundational shift, creating a robust and verifiable data stream essential for the development of powerful AI applications. The initial product stemming from OKZOO's vision is the P-mini o1. This device is specifically engineered to allow users to monitor and collect critical environmental data. Its capabilities include tracking air quality, measuring noise pollution levels, and detecting CO2 concentrations, all with the ultimate goal of contributing to a healthier and more sustainable global environment. OKZOO's success is underscored by its impressive foundational metrics: ●11.8 million ecosystem users:Demonstrating a vast and engaged community actively participating in the DePIN ecosystem. ●400,000+ on-chain holders:Reflecting strong investor confidence and a decentralized ownership structure. ●60,000+ P-mini device pre-orders:Indicating significant market demand and anticipation for OKZOO's innovative hardware. ●Fully Diluted Valuation (FDV) surpassing $1.4 billion on August 18, 2025:A clear indicator of rapid growth and market recognition of OKZOO's potential MasterPay Group, an established namein the fintech landscape, has built its reputation on unifying disparate financial systems. Backed by a consortium including Mastercard, DBS, Malaysia's central bank Bank Negara Malaysia, and the Malaysian Royal Family, MasterPay Group offers a unified and highly efficient solution that integrates various financial instruments, including traditional bank accounts, international remittance services, and extensive card networks. MasterPay Group’s technology provides a seamless payment layer that eliminates friction, enabling instant, secure, and truly global transactions across various financial ecosystems. This strategic investment from MasterPay marks a pivotal and transformative moment for OKZOO, particularly in facilitatingthe company's expansion into the Health Tech domain. This strategic expansionaligns perfectly with OKZOO's overarching vision: to foster a healthier and improved world through the power of DePIN, encompassing not only environmental well-being but also public health. The planned development of a "super app," coupled with innovative health tech devices, will empower OKZOO users to actively monitor and collect both environmental and personal health data. This dual focus is expected to significantly accelerate global DePIN adoption, demonstrating the versatility and profound real-world impact of decentralized infrastructure. By enabling individuals to contribute directly to global health and environmental datasets, OKZOO and MasterPay are collectively paving the way for a more informed, healthier, and technologically advanced future. In addition to assisting OKZOO’s DePIN strategy, MasterPay Group will be integrating payment solutions into the AIOT ecosystem in order to unlock immediate and significant utility, transforming how users interact with DePIN technology. By seamlessly weaving financial infrastructureinto the fabric of decentralized physical infrastructure, MasterPay will provide a frictionless layer for value exchange, driving adoption and fostering a more dynamic and rewarding user experience. To facilitate this accelerated growth and DePIN expansion strategy, OKZOO’s team is expanding. These new team members will be pivotal in driving innovation and execution to actualize OKZOO's growth strategy, payment solutions integration, and vision of a healthier and more technologically advanced future. This collaboration leverages a multi-layered architecture to achieve this vision: ●Layer 0 - Physical Layer: DePIN hardware, including the P-mini and AIOT Watch, for trustworthy data collection, with cross-calibration mechanisms to enhance data accuracy at scale. ●Layer 1 - Connectivity and Settlement: An efficient blockchain network that can handle billions of transactions with payment solutions integration. eSIM aggregators ensure low-cost global device connectivity, with free data plans available for staked users. ●Layer 2 - AI Intelligence applied to Environmental and Health Data Economy: An AI health assistant provides personalized analysis and tasks, while a decentralized data marketplace allows users to securely authorize their data and earn $AIOT. ●Layer 3 - Application and Ecosystem Entrance: The Super App serves as the core user interface for data, AI services, and asset management. From an engineering perspective, OKZOO is linking four key layers: trustworthy data collection, scalable network, usable computing, and settlement, to transform real-world data into a digital commodity. MasterPay Group’s involvementfundamentally shifts the paradigm from a purely data-driven ecosystem to a value-driven one, where rewards for user’s contributionand seamless transactions reinforce the network's growth. By providing immediate utility and fostering a robust economic layer, MasterPay will accelerate the adoption of AIOT solutions, demonstrating their tangible benefits and paving the way for a more connected, intelligent, and rewarding future. MasterPay’sstrategic investmentrepresents OKZOO’s transition from a startup-style project into a financial-grade platform, moving beyond experiments into a new cycle validated by capital, compliance, and international markets. About OKZOO OKZOO introduces the world’s first urban-scale and street-level decentralized environmental data network by designing and developing a decentralized AI infrastructure that serves as the backbone of an interconnected network of physical machines that empower users to contribute both external and household environmental data through handheld devices. It creates a mass-scale web of real-world environmental data that can empower innovative AI environmental systems. Website: https://okzoo.app X: https://x.com/okzoo_app Discord: https://discord.com/invite/okzooapp Telegram: https://t.me/OKZOO_ANN About MasterPay MasterPay is a global fintech and payments company. Guided by Security First, Innovation, Inclusive Finance, and Integrity & Transparency, MasterPay delivers cross-border payments, custody, and settlement solutions. With backing from Mastercard, DBS, Bank Negara Malaysia, and the Malaysian Royal Family, MasterPay brings institutional-grade compliance and infrastructure into Web3. Website: https://www.masterpayglobal.com/

Author: PANews
Latin America’s Blockchain Developers Favor Ethereum and Polygon Over New P

Latin America’s Blockchain Developers Favor Ethereum and Polygon Over New P

The post Latin America’s Blockchain Developers Favor Ethereum and Polygon Over New P appeared on BitcoinEthereumNews.com. Latin America’s developer community is increasingly focused on building within established blockchain ecosystems like Ethereum and Polygon rather than launching new base-layer protocols, according to a report by consultancy firm Sherlock Communications. The study, which included qualitative inputs from 85 developers in Bolivia, Mexico, Brazil and Peru, showed that the region’s builders care about transparency, coordination and compliance. The devs favor intuitive tools, strong documentation and proven track records, making networks like Ethereum and Polygon a good fit. Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, told Cointelegraph that Latin American devs stand out because they show “strong technical maturity” and focus on real-world issues.  “Latin America has a growing, increasingly skilled developer community,” Hadad told Cointelegraph. However, while the devs are capable of creating new platforms, he said that the “current reality” is that the region will be a hub for development and adoption within already established ecosystems.  Ethereum recorded 75% of wallet transactions in Latin America The report’s onchain data analysis supported the trend. After analyzing 697,000 blockchain transactions tagged to wallets identified as being in Latin America, the researchers found that Ethereum accounted for more than 75% of tagged transactions in the region between June 2024 and June 2025.  Ethereum dominates the Latin American region in terms of developer and user interest. Source: Sherlock Communications Meanwhile, Polygon represented 11% of the total activity over the same period. Polygon continues to see adoption in the region, with the network nearly doubling its activity to 20% in June 2025. Despite being drawn to established ecosystems, Hadad told Cointelegraph that there are local initiatives with global potential. He said that tokenization projects and national blockchain infrastructures like Núclea Chain and RBB in Brazil indicate that the region also has the capacity to create new ecosystems.  Related: Brazil’s…

Author: BitcoinEthereumNews
How a Former DOGE Investor Multiplied Profits by Flipping Early Gains Into Ozak AI—Why 300x Returns Are Now Within Reach for 2025’s Boldest Buyers

How a Former DOGE Investor Multiplied Profits by Flipping Early Gains Into Ozak AI—Why 300x Returns Are Now Within Reach for 2025’s Boldest Buyers

The post How a Former DOGE Investor Multiplied Profits by Flipping Early Gains Into Ozak AI—Why 300x Returns Are Now Within Reach for 2025’s Boldest Buyers appeared on BitcoinEthereumNews.com. Ozak AI is drawing major attention to its presale that has sold over 862 million tokens and had over $2.8 million in raises. The artificial intelligence-based crypto project under development is called Decentralized Physical Infrastructure Network (DePIN), powered with AI and developing fast. Having an initial price of $0.001, the token has experienced incredible growth within its stages of presale, reaching the current position of $0.005. This price movement has already seen initial players gain by 400% and this is projected to rise by 900% when the price hits $0.01. The project is projected to launch at a target of $1, placing the initial investors in a high position to get a high payoff. The total unissued supply of the Ozak AI tokens is 10 billion, of which 3 billion will be used in the presale. From small capital to massive gains: Ozak AI’s presale potential The price increment in the Ozak AI presale is well-structured, which is one of the main contributors to investor attention. Beginning with a token price of only $0.001 in Stage 1, this price has gradually risen to $0.005 at Stage 4 and then to a different level of $0.1 at Stage 5. This tiered structure provides an incentive to join in early because every new tier is more expensive, which rewards those who enter early. At the present stage of presale, initial customers of Stage 1 already consider huge profits. The approach of the project to integrate the latest AI technologies with decentralized infrastructure raised more than 516 million investments for similar projects in 2025 only, which proves a powerful market tendency. Why Ozak AI outpaces ETH and SOL in growth projections Although such well-established cryptocurrencies as Ethereum (ETH) and Solana (SOL) are still pillars of the digital asset market, their overwhelming size restrains…

Author: BitcoinEthereumNews
Ethereum Whales Accumulate Ozak AI as Presale Funding Crosses $2.7M

Ethereum Whales Accumulate Ozak AI as Presale Funding Crosses $2.7M

Ozak AI, a cutting-edge project that blends blockchain and artificial intelligence, has captured significant attention in the crypto space. With Ethereum whales showing increased interest, the presale of Ozak AI‘s tokens has raised over $2.78 million. The project’s unique combination of AI and decentralized physical infrastructure (DePIN) is proving to be a compelling reason for […] The post Ethereum Whales Accumulate Ozak AI as Presale Funding Crosses $2.7M appeared first on Live Bitcoin News.

Author: LiveBitcoinNews
Looking at the L2 dilemma from Linea’s coin issuance: Has Ethereum’s expansion path reached a dead end?

Looking at the L2 dilemma from Linea’s coin issuance: Has Ethereum’s expansion path reached a dead end?

Original: Odaily Planet Daily Author: Wenser "Do you know how I have been through these past three years?" This may be the voice of many users who have participated in Linea interactions. After three years, Linea, the Layer 2 (L2) network under Consensys, a prominent Ethereum orthodox faction, is finally about to hold its TGE. However, judging by the current airdrop amount and Linea's pre-market price, it's unlikely to satisfy heavily invested enthusiasts. Some claim to have invested hundreds of thousands of dollars, only to receive airdropped tokens worth only a few thousand dollars, or even less. Thus, after a period of hype and constant mention of Layer 2, the Ethereum network may have entered a phase where Layer 2 is losing public support. After several years of development, the "L2 technology path" once singled out by Ethereum founder Vitalik Buterin may have become a detour in the Ethereum ecosystem's development. This article, Odaily Planet Daily, explores this perspective through the lens of Linea's token launch and the current state of mainstream L2 networks, inviting readers to engage in critical discussion. Where the dream begins According to the original idea of Ethereum founder Vitalik, the L2 network is a network system built on the basis of inheriting the security of the Ethereum main network, used to expand the Ethereum ecosystem and reduce usage costs. In October 2020, Vitalik elaborated on the technical concept of the L2 route in the article "Rollup-centric Ethereum Roadmap" . Its core purpose is to simplify Ethereum's long-term expansion strategy and move computing execution mainly to L2 solutions (such as Rollup), so as to quickly achieve network scalability while alleviating the high gas fees and congestion problems of the main network at the time. In addition, he mentioned the short-term actions and potential impact of this technical route: "We need to do more work on cross-L2 transfers to make the experience of moving assets between different L2s as close to instant and seamless as possible." "It is necessary for L2 projects to launch their own tokens - of course, the premise is that the tokens have real economic value (that is, the future fees captured by the L2 estimate). As a result, these L2 network-related protocols will be able to earn fees/MEV, thereby directly or indirectly (through supporting tokens to fund development) to fund their development. In the long run, this is a strategic move that is beneficial to the long-term economic sustainability of Ethereum." Linea is about to issue a coin, but L2 activity is not as high as before At present, among the major L2 networks, only Arbitrum and Base have performed well in value capture. The price of the former's token is mediocre, just like other L2 tokens. The latter has no intention of releasing native tokens and mainly relies on sorter income to generate revenue, earn network development fees and feed back to Coinbase. According to data from TheBlock , on September 9, the number of transactions on Base alone (seven-day average) reached 11.56 million, the number of transactions on Arbitrum was 2.36 million, the number of transactions on Optimism was 1.15 million, the number of transactions on Blast was only 344,000, and the number of transactions on Mode Network was only 233,000; among the ZK-based L2 networks, Starknet had the most transactions (585,000), and the transaction numbers of the remaining networks, from most to least, were Linea (211,000), Scroll (76,000), ZKSync Era (25,000), Polygon zkEVM (4,000), and Loopring (250). In terms of the average daily number of active addresses , taking September 9 as an example, Base (seven-day average) in the Optimism L2 network was far ahead with 1.09 million addresses. The remaining networks and their corresponding address numbers were: Arbitrum (384,000); Optimism (72,000); Mode Network (3,450); Zora (3,440); and Blast (2,800). The performance of the ZK-based L2 network is also disappointing. On September 9 , perhaps benefiting from the impact of the upcoming TGE, the average daily active addresses of the Linea network increased to 56,000, a drop of more than 90% compared to the average daily active addresses of about 750,000 in July 2024; the average daily active addresses of the remaining L2 networks all remained below 50,000: Starknet (about 40,000); ZKSync Era (about 9,200); Scroll (about 6,300); Polygon zkEVM (about 1,200); Loopring had only a rather bleak 18 active addresses. Furthermore, while the explosion of L2 networks has improved the efficiency of the Ethereum ecosystem to a certain extent, it has also provided a breeding ground for frequent protocol security incidents within the ecosystem. Furthermore, after the gradual implementation of EIP proposals to optimize gas fees, such as EIP-1559 and EIP-7999, gas costs on the Ethereum mainnet have been significantly reduced, and transfer and transaction efficiency has far exceeded previous levels. Therefore, after several years of L2 development, people have come to realize that the core proposition for the Ethereum ecosystem is: First, does the Ethereum ecosystem have the goal of user retention and activity? Second, can Ethereum L2 network tokens achieve value capture? At present, the current situation in both aspects is not optimistic. The path to value breakthrough for the Ethereum ecosystem: stablecoins and ETH treasury reserves Judging from the results, the L2 route has still made a huge contribution to the development of the Ethereum ecosystem. In addition to saving a large amount of gas fees, the strategic value of L2 is mainly reflected in two aspects: First, the value of TVL (TVL) is significant . According to data from the l2beat website , as of September 10th, the total TVL of the Ethereum L2 network had grown to $54.7 billion. While this represents a decrease of over $10 billion from the $65.5 billion TVL in December of last year, it still provides more liquidity for the Ethereum ecosystem and ample funding for numerous protocols and projects within it. Second, seamless integration with traditional financial assets . Beyond crypto-native networks like Arbitrum and Optimism, traditional tech companies like Sony's L2 public chain Soneium, Alibaba's Ant Digits' RWA L2 public chain Jovay, and Robinhood's Arbitrum-based L2 public chain for trading tokenized stock products are also emerging. As a mature blockchain ecosystem with a decade of stable operation, Ethereum remains the best choice for traditional companies targeting the RWA market, and L2 networks provide a relatively stable and smooth entry window and channel bridge. From today’s perspective, the subsequent path for the Ethereum ecosystem to break through its value may still rely on its connection with the traditional financial sector and the coupling of assets on a wider scale. The former’s main medium is stablecoins, and subsequent development routes include PayFi, DePIN, cross-border trade, etc. The latter mainly relies on many listed companies to promote ETH treasury reserves to complete the tokenization and assetization of RWA assets such as stocks. Looking ahead to 2025, the 10th anniversary of the launch of the Ethereum mainnet, although most L2 networks have gradually become detritus in the long history of cryptocurrencies in the vicious cycle of "fundraising-issuing coins-disappearing", they have also become the soil and nutrients for nurturing new innovative products while becoming a "crypto bubble". Many L2 networks, including Linea, which has not issued coins for a long time, may have few ecological projects and sluggish token prices in the market, but they have also provided many technological updates and project products for the narrative boom in the crypto market. This may be an "industry bubble" when the crypto industry has developed to a certain stage, but it is by no means a so-called "industry black history." As to whether the Ethereum ecosystem can develop further, it may still take time to verify.

Author: PANews