ChainCatcher message, based on SoSoValue data, influenced by various factors including Trump's call for a ceasefire between Israel and Palestine, the cryptocurrency market sector generally welcomed a recovery after consecutive pullbacks, with only the Layer2 and AI sectors declining, down 0.86% and 1.06% respectively. Within the Layer2 sector, Celestia (TIA) and Mantle (MNT) fell by 1.45% and 2.33% respectively. The decline in the AI sector was mainly dragged down by the liquidity crisis of Polyhedra Network (ZKJ), which saw a staggering 24-hour drop of 83.23%, while other tokens like Render (RENDER) and Fetch.ai (FET) still rose by 2.58% and 4.89% respectively.In addition, Ethereum (ETH) rose by 0.66% in 24 hours, recovering to $2500, while Bitcoin (BTC) increased by 0.40%, climbing above $105,000.In other sectors, the Layer1 sector rose by 2.48% in 24 hours, with Solana (SOL) up 7.38%; in the PayFi sector, Bitcoin Cash (BCH) and Keeta (KTA) rose by 5.72% and 6.20% respectively; the DeFi sector increased by 1.36%, with Sky (SKY) and Jupiter (JUP) rising by 5.27% and 6.05% respectively; the CeFi sector rose by 0.72%, with Hyperliquid (HYPE) up 3.01%; the Meme sector increased by 0.18%, with Fartcoin (FARTCOIN) and SPX6900 (SPX) rising by 4.91% and 6.57% respectively.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that the ssiLayer1, ssiRWA, and ssiPayFi indices rose by 1.81%, 1.60%, and 1.53% respectively in 24 hours.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector is generally experiencing a pullback. The Layer2 and GameFi sectors, which saw significant gains yesterday, fell by 7.02% and 6.99% respectively. Within the Layer2 sector, Starknet (STRK) dropped 9.64% in 24 hours, while Celestia (TIA) fell 9.72%. In the GameFi sector, Axie Infinity (AXS) and Decentraland (MANA) decreased by 9.05% and 10.65% respectively.Additionally, Ethereum (ETH) started to retreat after breaking through $2700 yesterday, dropping 3.52% in 24 hours and falling below $2600. Bitcoin (BTC) decreased by 0.68%, but remains around $103,000.In other sectors, the PayFi sector fell by 1.85%, and the CeFi sector declined by 1.99%, with LEO Token (LEO) and Amp (AMP) rising against the trend by 2.00% and 13.75% respectively; the Layer1 sector dropped by 4.53%, while TRON (TRX) saw a slight increase of 0.55%; the Meme sector decreased by 4.60%, and the DeFi sector fell by 4.86%, with Ethena (ENA) dropping 8.85%.The cryptocurrency sector indices reflecting historical market trends show that the ssiLayer2, ssiGameFi, and ssiSocialFi indices fell by 7.89%, 7.11%, and 6.02% respectively in 24 hours.

ChainCatcher news, according to The Block, the Ethereum mainnet successfully activated the Pectra upgrade at 6:05 AM Eastern Time, marking the most significant network update since the Merge in 2022.This hard fork includes 11 EIP improvement proposals, primarily focusing on three major areas: enhancing staking efficiency, optimizing user experience, and improving Layer2 scalability. The successful deployment of the testnet Hoodi in March laid the foundation for this upgrade. Pectra sets the stage for the Fusaka upgrade, which will introduce key technologies such as Verkle Trees and PeerDAS.Among the highlights of this upgrade is the EIP-7702 account abstraction scheme, which allows regular wallets to temporarily execute smart contract functions. In the future, users will be able to experience innovative features such as third-party payment of Gas fees, batch transaction packaging, and even recovery of lost private keys through social contacts. In terms of the staking mechanism, the ETH staking limit for a single validator node has been significantly increased from 32 to 2048, allowing institutional stakers to reduce operational complexity through node merging.For Layer2 scalability, the Blob data capacity per block has doubled to 6 (peaking at 9), and the proto-danksharding technology based on last year's Dencun upgrade continues to deepen, which is expected to reduce transaction costs on Rollup chains like Arbitrum by over 90%. The technical team has also addressed several long-standing pain points: the activation time for validator nodes has been reduced from 12 hours to 13 minutes, the execution layer can directly control node exits to enhance key security, and the on-chain storage of historical block hash data has improved the reliability of decentralized oracles.

ChainCatcher message, according to SoSoValue data, the encrypted market is generally in a pullback, with the Layer2 and PayFi sectors down 2.05% and 2.30% respectively in the last 24 hours. Within the PayFi sector, XRP, Litecoin (LTC), and Stellar (XLM) fell by 2.78%, 4.50%, and 4.54% respectively, while Safe (SAFE) rose against the trend by 13.78%. In the Layer2 sector, ex-MATIC (POL) and Optimism (OP) dropped by 4.79% and 6.80% respectively, however, Movement (MOVE) remained relatively strong, surging 4.19% during the session.Additionally, the AI sector rose by 0.96% in the last 24 hours, with Bittensor (TAO) and Akash Network (AKT) increasing by 5.87% and 5.25% respectively; the CeFi sector increased by 0.74%, with Binance Coin (BNB) rising by 1.53%.In other sectors, the Layer1 sector fell by 0.31%, the Meme sector dropped by 1.53%, and the DeFi sector decreased by 1.74%, but Four (FORM) rose against the trend by 14.26%.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that ssiAI and ssiCeFi increased by 1.39% and 1.25% respectively in the last 24 hours.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has seen a slight pullback, with Ethereum (ETH) down 2.32% in the last 24 hours, falling below $1600. However, Bitcoin (BTC) is steadily rising, showing a relatively independent trend, up 1.65% in the last 24 hours, surpassing $88,000.Other rising sectors include:The GameFi sector is up 1.63%, with Decentraland (MANA) rising 3.84%;The Layer2 sector is up 1.19%, with ex-MATIC (POL) and Stacks (STX) rising 3.57% and 8.87%, respectively;The AI sector is up 1.02%, but Render (RENDER) and Bittensor (TAO) have seen significant pullbacks, down 2.12% and 4.19%, respectively;The Meme sector is up 0.90%, with Pepe (PEPE) and Fartcoin (FARTCOIN) rising 2.43% and 10.74%, respectively.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that the ssiLayer2, ssiMeme, and ssiCeFi indices are up 1.11%, 0.75%, and 0.43% in the last 24 hours, respectively.In other sectors:The Layer1 sector is down 0.54%, but Sui (SUI) is up 1.65%;The PayFi sector is down 0.54%, with Telcoin (TEL) rising 10.40% against the trend;The DeFi sector is down 0.90%.

ChainCatcher message indicates that, according to SoSoValue data, the crypto market sector has seen a slight pullback, with the Layer2 sector leading the decline at 3.47%. Within this sector, Celestia (TIA) and Movement (MOVE) dropped 7.38% and 12.28% respectively over the past 24 hours. The SocialFi sector remained relatively strong, rising by 1.08%, with Toncoin (TON) increasing by 1.24%.In other sectors, the Layer1 sector rose by 0.78%, with Solana (SOL) and Hyperliquid (HYPE) increasing by 3.25% and 4.32% respectively; the CeFi sector rose by 0.52%, with LEO Token (LEO) and Bitget token (BGB) increasing by 1.29% and 1.60% respectively; the Meme sector rose by 0.25%, with Fartcoin (FARTCOIN) increasing by 3.80%; the PayFi sector rose by 0.52%, with Bitcoin Cash (BCH) and Ultima (ULTIMA) increasing by 3.45% and 3.91% respectively; the DeFi sector fell by 0.58%, although Raydium (RAY) rose by 3.08%.Additionally, the crypto sector indices reflecting historical market trends show that the ssiSocialFi, ssiMAG7, and ssiCeFi indices rose by 0.75%, 0.48%, and 0.41% respectively over the past 24 hours, with the ssiMAG7 achieving a weekly return rate of 5.26%.

ChainCatcher message, Ethereum SVM Layer2 network Eclipse posted on platform X: Grass points have been locked, and the snapshot has been completed.

ChainCatcher news, according to official sources, the Layer2 solution OpenZK Network has announced the completion of a $6 million early financing round, with investors including Animoca Brands, Coinstore, Sovereign Trust, and other institutions. This round of financing will be used to support its technology research and development as well as ecosystem construction.It is reported that OpenZK was founded by former Goldman Sachs Asia Pacific Executive President Dave Sandor, and is currently actively negotiating partnerships with multiple institutions to advance its subsequent strategic layout.According to the Web3 asset data platform RootData, OpenZK Network is a second-layer solution based on zk-rollup technology, which can significantly reduce transaction costs and increase throughput, while also introducing a sustainable reward mechanism through native ETH staking, re-staking, and stablecoin staking.

ChainCatcher news, Scroll co-founder Ye Zhang posted on the X platform, pointing out that taxing Ethereum Layer 2 is a major poison for the future development of Ethereum. This shortsighted behavior sacrifices long-term scalability and ecosystem growth for short-term revenue, which is the practice of centralized enterprises, not a choice for neutral platforms. Measuring the value of ETH by only looking at Ethereum's revenue is putting the cart before the horse. The true value of ETH lies in its role as the core of thousands of rollup ecosystems, which is the way forward.

ChainCatcher news, Metis has launched a dual-chain strategy, introducing MetisSDK and announcing the upcoming high-performance chain Hyperion designed for AI-native applications based on MetisSDK.Metis has made further strategic announcements regarding its dual-chain strategy. Metis aims to provide scalable high-performance solutions for the entire blockchain ecosystem based on MetisSDK. Through the integration of the AI-specific layer Hyperion (HYPE) and the foundational layer Andromeda, a complementary Layer2 ecosystem will be built.Andromeda, as the first step for Metis to build a scalable decentralized infrastructure, has achieved a complete decentralized sequencer node architecture, utilizing Optimistic Rollup technology, focusing on general scenarios (such as DeFi and enterprise applications), ensuring security and decentralization. Hyperion, based on MetisSDK, consists of components such as MetisVM and MetisDB. The Metis SDK provides cross-chain development tools to achieve seamless interaction between the two chains; the METIS token will serve as the native Gas Token for the dual chain.It is reported that the Hyperion testnet is scheduled to launch by the end of April 2025, with the mainnet starting in August. Andromeda will achieve Stage 0 upgrade soon and plans to reach Stage 1 goals by the end of the year.

ChainCatcher message indicates that, according to SoSoValue data, the cryptocurrency market sector has generally risen, with the Layer2 sector leading with a 5.23% increase. Within this sector, Movement (MOVE) has risen 33.35% in the last 24 hours, while ex-MATIC (POL), ImmutableX (IMX), Stacks (STX), and Polygon (MATIC) have increased by 7.10%, 7.35%, 6.27%, and 7.60%, respectively.Other standout sectors include: the Meme sector, which has risen for three consecutive days, with a 24-hour increase of 3.85%. Within this sector, Dogecoin (DOGE) and Shiba Inu (SHIB) have risen by 4.05% and 4.64%, respectively; the AI sector has increased by 3.18%, with Render (RENDER) rising by 8.32%.Additionally, the DeFi sector has risen by 2.21%, with Ondo Finance (ONDO) and Ethena (ENA) increasing by 5.15% and 6.02%, respectively; the PayFi sector has risen by 1.52%, and the Layer1 sector has increased by 1.20%, with Avalanche (AVAX) rising by 6.27%; the CeFi sector has decreased by 0.05%, but Cronos (CRO) has risen against the trend by 8.56%.Meanwhile, the cryptocurrency sector indices reflecting historical market performance show that ssiLayer2 and ssiMeme have increased by 4.52% and 3.38% in the last 24 hours, with weekly returns of 6.35% and 8.72%, respectively.

ChainCatcher news, Hibit announced the completion of a new round of financing of $5 million. The investors in this round include Bochsler Finance, Nvidia, Distributed Shenbo, Waterdrop Capital, Web3 Venture, Betterverse DAO, Hitters, and several well-known traditional entrepreneurs. The funds raised will be used to further improve the Hibit ecosystem, including Layer2 infrastructure, Hibit DEX, cross-chain interoperability technology, and in-depth layout of the AI Agent economy.As an independent Layer2 that seamlessly connects all chains, Hibit currently covers multiple public chains and their ecological projects, including TON, Kaspa, Solana, ETH, BTC, BNB, and ICP, providing the safest cross-chain solutions (not cross-chain bridges). In addition, Hibit DEX, as the first core landing product of the Hibit Layer2 ecosystem, integrates the advantages of CEX and DEX, achieving a smooth trading experience at the level of millions of TPS, and supports permissionless token listing and deep integration of the AI agent economy with the Meme community. The Hibit team comes from MIT and has experience in establishing one of the world's top ten centralized exchanges from 2013 to 2017.The success of this round of financing further consolidates Hibit's technological position in decentralized trading, cross-chain interoperability, and the AI economy, and will become a trusted interactive infrastructure and payment infrastructure for AI agents in the future world. Hibit will soon launch an airdrop and node sales plan, and will complete the TGE within the year.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector continues to show an upward trend, with the Layer2 sector leading with a 3.72% increase. Within this sector, Mantle (MNT) rose 4.86% in 24 hours, and Celestia (TIA) increased by 12.06%. The ssiLayer2 index, which reflects the historical performance of the sector, rose by 3.84%, but the weekly return rate remains at -4.89%.In addition, Bitcoin (BTC) increased by 1.55%, while Ethereum (ETH) fell again by 0.13%, dropping below $1900.In other sectors, the AI sector rose by 3.65% in 24 hours, with KAITO increasing by 11.29%; the Meme sector rose by 3.55%, with Pepe (PEPE) increasing by 10.63%; the Layer1 sector rose by 2.70%, the PayFi sector rose by 1.63%, and the DeFi sector rose by 0.72%.It is worth mentioning that the ssiGameFi and ssiMeme indices, which reflect the historical performance of their respective sectors, rose by 4.01% and 3.61% in 24 hours, but their weekly return rates were -10.55% and -12.88%, respectively.

ChainCatcher news, Tezos Layer 2 blockchain Etherlink announces the launch of its mainnet and reveals its reward program.The Apple Farm reward program will distribute $3 million in rewards to participants in the first season. The program uses a points system, where participants earn "apples" for engaging in decentralized finance (DeFi) on Etherlink. Other rewards include exclusive non-fungible tokens (NFTs) and special Discord roles.It is reported that Etherlink has completed significant ecosystem upgrades, such as the Bifrost upgrade and integrations with Spiko and Midas.