Singapore, Singapore, December 5th, 2025, Chainwire Hotstuff Labs today announced the public testnet for Hotstuff L1, a DeFi Layer 1 blockchain powered by DracoBFT, a custom-built consensus protocol. Hotstuff L1 is a purpose-built chain that pairs a highly performant on-chain order book with a programmable finance routing layer where validators act as last-mile gateways to trading, payments, and fiat rails. Unlike general-purpose chains, Hotstuff L1 is designed as an Uber-style routing layer where validat ...

RT Token Terminal 📊 (@tokenterminal)L1s are easy to launch, hard to scale.If they weren’t, metrics like 'application TVL' would look far more evenly distributed.Today, @ethereum has a ~$250B lead to the runner-up. https://t.co/C4E8a3efZR ...

RT BSCN (@BSCNews)💡 WATCHLIST: NEW PROJECTS ON KASPA - Have you heard of these new platforms building on the $KAS L1...? Now's your chance https://t.co/aaECkRPcJj ...

Core Insights - Grayscale Sui Trust (GSUI) has begun trading on OTCQX, providing investors with exposure to Sui, a Layer 1 blockchain designed for efficient smart-contract deployment [1][2][4] - The Trust aims to facilitate greater investor participation in the evolving crypto ecosystem, emphasizing Sui's speed, scalability, and user experience [3][4] Company Overview - Grayscale is recognized as the largest digital asset-focused investment platform based on assets under management (AUM) as of October 31, 2025 [5] - The company has a decade-long track record in the digital asset space, offering a range of investment products for various investor needs [4][5] Product Details - GSUI was previously available through private placements to accredited investors since August 2024, marking a strategic shift towards public market offerings [4] - The Trust is positioned to support the growth of Sui's technology and its surrounding ecosystem, aligning with Grayscale's mission to champion innovative digital economy technologies [3][4]

🚨JUST IN: LAYER 1 BLOCKCHAIN KADENA ANNOUNCES IT WILL CEASE OPERATIONS DUE TO UNFAVORABLE MARKET CONDITIONS ...

L1 区块链发展趋势 - Stripe 和 Circle 正在推出 L1 区块链 [1] - 越来越多的公司将效仿推出自己的 L1 区块链 [1] - Visa、Mastercard 和 摩根大通可能也会跟进 [1] - 预计未来会有国家推出自己的区块链 [1]

Overview - Plasma is a Layer 1 blockchain designed for global stablecoin payments [1] - Plasma aims to reshape global money movement with its stablecoin focus [2] Key Features - Supports zero-fee USDT transfers [3] - Offers native support for custom gas and privacy payments [3] - Provides full EVM compatibility for easy developer migration [3] - Includes integrated infrastructure for card issuance, compliance, risk control, and global fiat on/off ramps [3] Liquidity and Interoperability - Over 1 billion USD in liquidity available at launch [3] - Features a native BTC cross-chain bridge to enable stablecoin + Bitcoin innovations [3] Stablecoin Market - Stablecoins have a supply exceeding 250 billion USD [1] - Monthly stablecoin trading volumes reach trillions of dollars [1]

Transaction Volume Comparison - Solana (L1) processes approximately 10 times more transactions than Base (L2) [1]