Simply put, UTXO Stack is the "OP Stack + EigenLayer" of the Bitcoin ecosystem.

Under normal circumstances, the Cancun upgrade will be a turning point for the ZK ecosystem to catch up in all aspects and counterattack OP.

Mode Network is a modular Layer 2 based on OP Stack focusing on the Defi track. It adopts Optimism’s Bedrock upgrade and can reduce costs by more than 95% compared to the Ethereum main network.

Optimism, an Ethereum layer 2 scaling solution, is set to unlock $81 million in OP tokens next week. This release, totaling over 24 million tokens, aims to reward contributors and aligns with the recent Canyon upgrade. Despite the anticipation, OP is currently trading at $3, down 2% in the past week, with a market cap of $2.9 billion.

One of the best ways to implement zkEVM is through Polygon because of its strong business development capabilities.

Amid challenges for SOL and OP, DeeStream (DST) stands out as a promising investment with its innovative streaming platform and ongoing presale, offering potential growth in 2024.

With the help of technologies such as Taproot and BitVM, more complex off-chain contract verification and settlement can be achieved within DLC, while combined with the OP challenge mechanism, minimization of oracle trust can be achieved.

Token Unlock discloses plans for seven crypto projects to release over $215 million worth of tokens. Leading the list is dYdX (DYDX), unveiling details on the token distribution, followed by Optimism (OP) and other projects unlocking tokens in late January and early February. Investors anticipate potential market impacts.