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Gasless EVM blockchain SKALE Network reaches 17 million unique users

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SKALE Network, an EVM-compatible and gasless blockchain, has achieved a milestone of 17 million unique active wallets (UAW) in the first quarter, as reported by SKALE Labs, the project’s team. Additionally, the report highlights that SKALE users benefited from savings of $3.1 billion in gas fees during Q1. This figure is in stark contrast to BNB Chain and AVAX, which collectively charged over $330 million in fees in March alone.

Furthermore, SKALE witnessed significant growth in Q1 with over 70 projects and integrations adopting its technology. Collaborations with entities such as ChainGPT, TCG, Dmail, and NFT Arcade have contributed to this expansion.

Jack O’Holleran, CEO and co-founder of SKALE Labs, emphasized the transformative impact of SKALE’s gasless approach on Ethereum developers. By eliminating gas fees and offering instant finality, SKALE enables developers to leverage blockchain in a more meaningful and impactful manner. O’Holleran stressed that SKALE’s gas-free model empowers developers to prioritize accessibility and user experience while adhering to Web3 core principles. The network witnesses millions of users initiating over a million transactions daily, with hundreds of projects and businesses building on SKALE.

At this year’s Game Developers Conference (GDC), SKALE announced $2 million in grants, to be disbursed in the protocol’s native token, for projects seeking to develop new games using their infrastructure. O’Holleran expressed his belief that blockchain gaming has the potential to revolutionize the industry, offering unique gameplay experiences, enhanced monetization models, and true ownership of in-game assets. He anticipates that games released now could set a new standard in the sector by leveraging AppChain technology to push the boundaries of what’s achievable in blockchain gaming.

Source: tradingview.com

The post Gasless EVM blockchain SKALE Network reaches 17 million unique users appeared first on HIPTHER Alerts.

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Blockchain

WadzPay Plans to Expand Portfolio into Stablecoin Business

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WadzPay, a leading fintech company specialising in blockchain based technology for virtual asset payment solutions, is proud to announce its plan to enter the Stablecoin business, marking a significant expansion of its offerings. With a steadfast commitment to innovation and addressing evolving market demands, the company has strategically positioned itself to capitalise on the growing opportunities within the virtual asset financial services space.

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Blockchain

RevoluGROUP Announces CEO and Director Stepping Down

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Blockchain

ZettaBlock announces the addition of blockchain data

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ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.

By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.

ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.

Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.

The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.

Source: cryptonewsz.com

The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.

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