Daily Alpha and Summary. July 30, 2024

Defi

ETH SVM L2— Eclipse opens mainnet for devs

Modular interoperability layer— Union build takes snapshot

P2P network, Raiinmaker launches a Dapp for Solana mobile Saga

Irys, a provenance layer for permanent data storage announced it will transition to an L1 for programmatic datachain that combines data storage and execution.

AI inference service— Hyperbolic raises $7M in seed founding led by Polychain

Router chain launches mainnet, a PoS L1, enabling stateful bridging for omnichain dApps, abstracting chains from users and aggregating liquidity across multiple chains.

Movement labs debuts public testnet and joins Polygon Agglayer

Farm this one, Vana’s a data ownership protocol backed by Paradigm.

Linea supports ENS

Keep eyes on these projects

This one’s for devs, Optimism Hackathon

Lava launches public mainnet

ExSat, “docking layer” for BTC launches testnet at Nashville ‘24

Yield!

State of the Market

California's Department of Motor Vehicles has digitized 42 million car titles on the Avalanche network, partnering with software development firm Oxhead Alpha to modernize the state's title transfer process.

Wow

Russia will legalize crypto mining from Nov 1 and regulate crypto in the same way as foreign currency from Sep 1.

Daily Farming

Farm this one using my ref- https://app.usual.money/#OO8BV

Trump’s bullish on stablecoins