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Gnosis Chain will end its independent L1 operation in the spring of 2027, becoming the first general-purpose Zone of EEZ

According to official news, Gnosis Chain will end its independent L1 operation in the spring of 2027 and join the Ethereum Economic Zone (EEZ), becoming the first general-purpose Zone for settlement to Ethereum.Gnosis Chain will migrate its on-chain state through a hard fork, with contracts, balances, addresses, chain ID, and Gas token xDAI remaining unchanged, and developers will not need to redeploy. Gnosis co-founder Friederike Ernst stated in the article that due to the inability to achieve fast block times, composability with Ethereum, and decentralized ordering all at once, Gnosis chose the first two. Therefore, the current validator set of about 200,000 independent validators will not be retained after the migration. She also revealed that the cost of operating Gnosis Chain as an independent L1 by Gnosis DAO is between 7 million to 10 million dollars per year.In addition, the Devnet Rollup X of EEZ has launched its testnet today at the Mumbai Devcon, completing several demonstrations: CoW Swap completed exchanges within a single transaction on Rollup X using liquidity from the Ethereum mainnet; Safe achieved atomic ownership changes between L1 and L2; Rollup X completed Falcon post-quantum signature verification and made it available for mainnet calls, reducing mainnet Gas consumption from about 5.5 million to approximately 495,000, a decrease of about 91%. Rollup X is still a test network, and the core protocol is undergoing independent security audits. EEZ is a Swiss non-profit organization co-funded by the Ethereum Foundation.Previously, Gnosis co-founder Friederike Ernst and Zisk founder Jordi Baylina collaborated to launch the Ethereum Economic Zone (EEZ) framework, aimed at addressing issues such as liquidity fragmentation caused by L2 fragmentation.

hot_img Grayscale CEO: The crypto winter is over, but the market still ignores the long-term value of digital assets

According to a report by Fortune, Grayscale CEO Peter Mintzberg wrote that Bitcoin surged about 20% last week, marking the strongest three-day increase of 2023, as the crypto winter gradually thaws. However, he warned that market observers are still overly focused on short-term price fluctuations, neglecting the long-term structural growth of digital assets.Mintzberg emphasized two core driving forces: first, institutional demand continues to expand, with daily inflows into Bitcoin spot ETPs exceeding $500 million in 2025, approximately 12 times the daily new supply from miners; a 2026 EY survey shows that 73% of institutional investors plan to increase their allocation to digital assets. Second, the adoption of blockchain by enterprises is accelerating, with about 60% of Fortune 500 executives indicating that their companies are advancing blockchain projects in 2025, and companies like Fidelity, Visa, and Stripe are all positioning themselves in the stablecoin business. He also pointed out that AI and public chain technology are complementary, and new demands such as machine-native micropayments and cross-border instant settlements will further drive the implementation of blockchain. As the regulatory framework becomes increasingly clear, digital assets are accelerating their integration into the mainstream financial system.
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