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Astar Network to Transition Astar zkEVM to Sonieum

Twitter icon  •  Published 3 months ago on August 26, 2024  •  Hassan Maishera

The Astar Network team announced via X on Friday that it will transition its Astar zkEVM to Sonieum, an Ethereum Layer 2 developed by Sony Block Solutions Labs.

Astar Network to Transition Astar zkEVM to Sonieum

The Astar Network team announced via X on Friday that it will transition its Astar zkEVM to Sonieum, an Ethereum Layer 2 developed by Sony Block Solutions Labs. The team added that partnering with Sony Group allows Astar to tap into their expertise in entertainment, gaming, and finance. It'll enable the integration of Web3 technology into real-world applications, reaching a wider audience.

With Astar’s strategic alignment with Soneium L2, ASTR holders can expect new opportunities and benefits. The ASTR token will have a key role within Soneium L2, connecting through Chainlink CCIP to a wider network of ecosystems and boosting interoperability with major Ethereum chains and the Optimism Superchain ecosystem. This means greater

Astar Network is a multi-chain dApp hub on Polkadot. The platform offers users various features, including dApp staking, L2 solutions, gas, and grants. Its native ASTR token is down 3% today, trading at $0.0748.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.