New Layer-2 Network Launches Public Testnet
A new Ethereum layer-2 network has opened its public testnet, inviting developers to deploy applications, experiment with tooling, and report bugs. According to the team, the testnet phase is focused on improving stability, developer experience, and security, and will inform decisions about any future mainnet launch. Because it is a testnet, participation uses test tokens rather than real funds, allowing builders to explore without financial risk. The launch adds another entrant to an already competitive layer-2 landscape, where networks compete on fees, performance, and ecosystem support. Developers interested in scaling solutions can use the testnet to evaluate the network’s capabilities, while the team collects feedback to guide upcoming milestones. The information is provided for awareness and is not an endorsement.
Read Full Article on BitcoinistSummary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Solana Breaks 10-Month Curse as Institutional Money Storms In
As of this weekend, the digital asset solana (SOL) is closing August with its first monthly win in nearly a year, as institutional money, a tighter future token supply, and record network activity drove SOL back above $100 per coin. The token traded near $106…

Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.
Japan’s Yen Falls Again Despite $97 Billion Aid. Risk For Bitcoin?
Japan’s yen weakened again this week despite roughly $97 billion spent supporting it over the past month. Its slide puts renewed pressure on officials to act, with potential consequences for Bitcoin. Why Japan’s Yen Rescue is Fading The currency fell to…