The Block

Quick Take Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution. Lisk will migrate its LSK tokens to Ethereum as part of the transition. The testnet deployment of the Layer 2 scheduled for the first quarter of 2024.

7RCC intends to offer a spot bitcoin and carbon credits futures ETF, according to its S-1 filing.

Quick Take Google search volume for the term “solana” increased 250% between October and December, coinciding with the asset’s performance and surge of memecoins.

Quick Take The Ethereum Layer 2 scaling protocol Metis has dedicated 4.6 million METIS tokens toward the new Metis Ecosystem Development Fund. The Fund will begin disbursing grants in the first quarter of 2024.

ASTR, the native token of the Astar Network, posted a double digit gain after its Upbit listing.The web3 firm’s founder discussed plans to focus on the Korean market as part of its expansion outside Japan.

Quick Take Circle has launched its euro-backed stablecoin on Solana. Solana joins Ethereum, Stellar and Avalanche among the chains Circle is utilizing for EURC.

Quick Take Layer 2 Manta Pacific has adopted Celestia’s modular data availability solution to reduce transaction fees.

Quick Take The amount of AVAX burned per week has risen to its highest level yet. This is largely due to increased activity related to minting and sending inscriptions.

Quick Take Avalanche users have paid millions of dollars to mint and move inscription-related tokens over the last five days. This appears to be due to a big increase in network activity.

Quick Take Data network Masa is set to launch a decentralized data marketplace on an Avalanche subnet. Masa received an investment from Avalanche’s Blizzard Fund to help develop the platform.