Market Cap: $2.2006T 0.50%
Volume(24h): $37.9391B -38.27%
  • Market Cap: $2.2006T 0.50%
  • Volume(24h): $37.9391B -38.27%
  • Fear & Greed Index:
  • Market Cap: $2.2006T 0.50%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Astar Network Unveils Evolution Phase 1 with Soneium Transition

Aug 23, 2024 at 04:06 pm

Astar Network announces Phase 1 of its evolution, transitioning Astar zkEVM to Soneium L2, a collaboration with Sony Group and Startale.

Astar Network Unveils Evolution Phase 1 with Soneium Transition

Astar Network has announced Phase 1 of its evolution, which involves the transition of Astar zkEVM to Soneium, an Ethereum Layer 2 (L2) chain developed in collaboration with Sony Block Solutions Labs, a joint venture between Sony Group and Startale. This move follows Astar’s acquisition by Startale in March 2023.

The transition to Soneium is not merely a rebranding but a strategic alignment with Sony Group, a global technology leader. By leveraging Sony's extensive user touchpoints, Astar Network aims to bring Web3 technologies to a broader audience, enhancing the ASTR token's ecosystem beyond current expectations.

Sota Watanabe, CEO of Startale and Founder of Astar Network, stated, "To expand our ecosystem and accelerate mass adoption on-chain, we believe transitioning Achar zkEVM into Soneium L2 is the right step forward."

The growth of Soneium L2 is expected to have positive impacts on the Astar ecosystem, particularly in six key areas:

Other Key Benefits

The transition to Soneium L2 aims to create a win-win scenario for both Astar Network and its community. Key benefits include:

Technical Execution of Transitioning Astar zkEVM to Soneium L2

The transition will be executed through a carefully planned technical strategy, ensuring minimal disruption for users and developers. Key steps include:

Strategic Initiatives to Drive Value

Several strategic initiatives will ensure the success of Astar Evolution Phase 1:

Technical Roadmap and Milestones for Astar Network

The roadmap for the latter half of 2024 focuses on:

Maarten Henskens, Head of Astar Foundation, commented, "By aligning with Soneium and transitioning Astar zkEVM, we are creating a more robust ecosystem that will drive innovation and adoption in the Web3 space."

Astar Evolution Phase 1 is a strategic move to ensure that activities in Soneium accrue value to the Astar Network and its token. The Astar community and stakeholders are expected to be rewarded for their continuous support in this transformative journey.

Original source:blockchain

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 26, 2026