EVM Layer 1 blockchain Shardeum has launched its mainnet, transitioning from a token-only network to a fully functional smart contract platform. The upgrade aims to bring faster transactions, lower fees, and broader developer access to India’s Web3 ecosystem. The transition includes a major token redenomination, with all SHM tokens—whether staked or unclaimed—automatically adjusted at a…
Move Industries, a Web3 company and core contributor of the Movement Network, today announced the evolution of Movement Network from its current sidechain architecture to a sovereign Layer 1 (L1) blockchain. This transition unlocks more performance, native MOVE token staking, Move 2.0 language support, and establishes the foundation for onboarding the next million users to…
Pharos Network, a Layer 1 blockchain built to bridge traditional finance and decentralized systems, has launched its Testnet. Pharos Network aims to overcome long-standing challenges in real-world asset (RWA) tokenization with scalability and institutional-grade infrastructure. Founded by former AntChain and Alibaba blockchain executives, Pharos aims to redefine how assets such as real estate, renewable energy…