Key Highlights Linera, an a16z-backed Layer-1 blockchain founded by former Meta researcher Mathieu Baudet, announced its shutdown on September 19 after a community token sale raised only 57% of its $1.5 million minimum target. The project had previously secured approximately $12 million across two venture rounds—led by a16z Crypto and Borderless Capital—but emergency financing efforts ...
Key Highlights NEAR Protocol surges over 10% in 48 hours, breaking the $3.2–$3.4 supply zone to print a new local swing high at $3.9 while trading above all key Exponential Moving Averages. Network fundamentals hit record strength: Total Value Locked (TVL) reaches an all-time high of $242 million and protocol fees climb to $860,000 over ...
Key Highlights NEAR Protocol achieved over 1 million transactions per second (TPS) in verified benchmarks while maintaining 100% uptime across five years of operation. Dynamic resharding and post-quantum signing are now live, marking significant scalability and security upgrades for the layer-1 blockchain. Technological milestones position NEAR as an infrastructure leader, potentially driving developer adoption and ...