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Optimism protocol introduces OP Succinct to enhance scalability
Optimism protocol introduces OP Succinct to enhance scalability

Succinct Labs has partnered with Optimism to develop OP Succinct, which can upgrade any OP Stack chain to use zero-knowledge proofs within an hour. This will improve transaction speeds and reduce fees for Ethereum Layer 2 scaling solutions. Succinct Labs has raised $55 million and claims its new approach is faster and cheaper than standard optimistic rollups. OP Succinct can be easily integrated into existing deployments, addressing scalability and transaction speed issues on the Ethereum mainnet. In June this year, OP Labs released a fault proof system that allows users to challenge and revoke invalid withdrawals, providing a mechanism for Ethereum Layer 2 networks. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.

MarsBit·2025/09/12 22:24
Flash
  • 01:04
    This week's unlock data at a glance: VELO, ARB, and others to see a one-time large unlock
    According to Jinse Finance, data from TokenUnlocks shows that this week FTN, VELO, and ARB will undergo large one-time token unlocks, with a total value exceeding 100 million USD. Specifically: Fasttoken (FTN) will unlock 20 million tokens at 8:00 on September 18 (UTC+8), worth approximately 89.8 million USD, accounting for 2.08% of the circulating supply; Velo (VELO) will unlock 3 billion tokens at 8:00 on September 20 (UTC+8), worth about 48.22 million USD, accounting for 13.63% of the circulating supply; Arbitrum (ARB) will unlock 92.65 million tokens at 21:00 on September 16 (UTC+8), worth about 47.89 million USD, accounting for 2.03% of the circulating supply; Sei (SEI) will unlock 55.56 million tokens at 20:00 on September 15 (UTC+8), worth about 18.42 million USD, accounting for 1.18% of the circulating supply.
  • 00:59
    Data: Whale spends another 3.22 million USDC to purchase 426 million PUMP, having previously transferred 1.23 billion to an exchange
    According to ChainCatcher, as monitored by OnchainLens, in the past 36 hours, a certain whale continued to invest 3.2215 million USDC on Hyperliquid, purchasing 4.2643 million PUMP at an average price of $0.00755. Just two days ago, this whale had already transferred 1.23 billion PUMP (approximately $7.27 million) to a certain exchange.
  • 00:59
    Data: Forward Industries has spent $1.5 billions to purchase SOL, with a total treasury of $1.6 billions.
    According to ChainCatcher, analyst Emmett Gallic's statistics show that out of the $1.6 billion currently held by SOL treasury company Forward Industries, $1.5 billion has already been used to purchase SOL. Previous data also indicated that Galaxy Digital increased its SOL holdings for Forward Industries by $400 million yesterday, and the amount of SOL held by the company in a certain exchange's Prime Custody account has reached approximately $1.1 billion.
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