• Pico Prism real-time proving zkVM.

• EF deploys 2400 ETH into Morpho.

• Ethereum ranks #1 among new devs.

• Jovay announces an Ethereum L2.

• Basenames now support ENSIP-19.

Brevis introduced Pico Prism, a zkVM designed for real-time Ethereum proving. Prism can prove 99.6% of Ethereum L1 blocks in under 12 seconds, with an average proving time of 6.9 seconds using consumer-grade GPU hardware. The milestone allows Ethereum teams to generate validity proofs for entire L1 blocks fast enough to match Ethereum’s 12-second block time. Pico Prism outperforms Succinct’s SP1 Hypercube, which achieved only 93% of blocks under 12 seconds. Brevis, positioning itself as the infinite compute layer, aims to reach 99%+ real-time proving under 10 seconds while further reducing hardware and power requirements.

The Ethereum Foundation deployed 2,400 ETH and $6 million in stablecoins into the Morpho DeFi protocol on Ethereum as part of its ongoing DeFi wallet initiative. The assets are allocated to Morpho’s yield-bearing vaults, with the Foundation highlighting Morpho’s commitment to open-source development. The Foundation launched its DeFi wallet earlier this year, which now holds over $200 million in assets. Its on-chain portfolio includes 31,230 ETH deposited in Aave, 10,126 ETH in Spark Protocol, and 4,200 ETH in Compound. Morpho recently introduced Vaults V2 on Ethereum, offering instant liquidity and flexible vault allocations.

Jovay Network, a project developed by Ant Digital, the company behind Alibaba and Alipay, announced plans to launch a new Ethereum Layer 2 network focused on real-world assets (RWA). The initiative aims to deliver a fast, low-cost, secure, and flexible infrastructure for RWA tokenization. Emphasizing trust, transparency, and developer experience, Jovay aims to bridge assets and liquidity across multiple chains through the use of data and AI. Its collaboration with Ethereum represents a significant move to expand the Layer 2 ecosystem, with the network to adopt a ZK rollup-based architecture.

Base implemented ENSIP-19 and successfully migrated over 750,000 Basenames to the new standard. ENSIP-19 introduces a system for setting and resolving primary names on Layer 2 networks through L2ReverseRegistrar contracts. The upgrade enables Basenames to resolve seamlessly on any ENS-compatible application. A single Basename can serve as a primary name across Ethereum L1 and multiple L2s, improving cross-chain consistency.

• Tydro goes live on Ink

• Base ERC-20 gas payments

• Zora launches Believe Fund

• AI For Public Goods Fast Grants

• Paxos mints 300 trillion PYUSD

• U.S. OCC approves Erebor Bank

• Ethereum hits ATH daily TPS

• Aave Horizon hits $250m deposits

• stUSDS

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