Quick Take
L2Beat introduces DABEAT.
Nethermind introduces Surge Rollup.
Crypto rallies following U.S. election results.
L2Beat Introduces DABEAT
Layer 2 analytics platform L2Beat launched DABEAT, a portal for tracking transaction data across various Data Availability (DA) layers, including Celestia, EigenDA, NearDA, and Avail. DABEAT offers in-depth risk assessments across the DA ecosystem, categorizing between public DA layers and custom Alt-DA layers. Each DA layer is evaluated on key metrics such as total value locked, slashable stake, fallback mechanisms, economic security, as well as committee security, upgradeability, and relayer reliability. Additionally, L2Beat introduced the Risk Grissini, a new model for evaluating risks specific to DA and bridge systems.
Nethermind Introduces Surge Rollup
Nethermind introduced Surge Rollup, a new rollup implementation based on the Taiko stack. Designed to extend Ethereum’s capabilities, Surge Rollup aims to empower developers, builders, and autonomous agents. Coined as an "ultra-based" rollup, Surge Rollup is launching at Stage 2 and uses ETH as its gas token. Based rollups leverage Ethereum’s block builders to sequence transactions. Surge Rollup features Gigagas Capacity and introduces open-source Power-Ups, which are plugins that extend the rollup’s functionality. The Power-Ups include transaction preconfirmations and proving infrastructure like Trusted Execution Environments (TEE) developed in collaboration with Flashbots Rollup Boost.
Pro-Crypto Congress Majority
The U.S. election resulted in the election of over 275 pro-crypto candidates, with 258 in the U.S. House of Representatives and 17 in the U.S. Senate, as reported by Stand With Crypto. Following Donald Trump’s victory as a pro-crypto president-elect, the crypto market saw a surge, adding over $200 billion to the total market cap. Bitcoin’s price reached a new all-time high, while Ethereum rallied more than 10% in the past 24 hours. With a pro-crypto majority now in Congress, the environment for crypto regulation is expected to become more favorable. SEC Chair Gary Gensler is anticipated to cease his role following the new administration.
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