{"id":162550,"date":"2025-07-13T14:36:31","date_gmt":"2025-07-13T11:36:31","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162550"},"modified":"2025-07-13T14:36:31","modified_gmt":"2025-07-13T11:36:31","slug":"weekly-roundup-what-happened-in-crypto-over-the-past-week","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/weekly-roundup-what-happened-in-crypto-over-the-past-week\/","title":{"rendered":"Weekly Roundup: What Happened in Crypto Over the Past Week"},"content":{"rendered":"

Here\u2019s a summary<\/a><\/strong> of the top 10 highlights, according to a report by Wu Blockchain:<\/p>\n

Ethereum Foundation outlines full ZK integration plan<\/h2>\n

The Ethereum Foundation released a detailed roadmap for adopting zero-knowledge proofs across Layer 1. The plan includes deploying a zkEVM, enabling validators to verify proofs instead of re-executing blocks, and setting strict targets for proof time, size, and hardware efficiency. The Glamsterdam upgrade will support this transition and aims to enable home-based proof generation.<\/p>\n

Linea to reveal TGE plans later this month<\/h2>\n

Linea project lead Declan Fox confirmed that a major announcement related to the Token Generation Event (TGE) will be made this month. The update builds on Linea\u2019s roadmap presentation from Bangkok and is expected to detail next steps for the ecosystem\u2019s token release.<\/p>\n

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List of Altcoins Seeing Strong Outflows as Binance Signals Shift<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Hyperliquid hits $10.6B open interest, setting new record<\/h2>\n

Decentralized derivatives exchange Hyperliquid reported all-time high open interest above $10.6 billion. Its native token HYPE climbed 18.2% over the week to $46.17 and was listed on Bybit\u2019s spot exchange, reflecting strong market traction.<\/p>\n

Eigen Labs cuts 25% of workforce to focus on EigenCloud<\/h2>\n

In a strategic restructuring move, Eigen Labs laid off 29 employees as it shifts resources toward its EigenCloud developer platform. Despite recently raising $70M led by a16z, the company cited product focus\u2014not financial strain\u2014as the reason. Laid-off employees will receive support packages and accelerated token vesting.<\/p>\n

Polygon launches Heimdall v2 consensus upgrade<\/h2>\n

On July 10, Polygon successfully implemented its most significant hard fork since 2020. The Heimdall v2 upgrade transitioned the network to CometBFT and Cosmos SDK v0.50, improving finality time to around 5 seconds and removing outdated components.<\/p>\n

BNB burns $1.02B worth of tokens in quarterly event<\/h2>\n

The BNB Foundation completed its 32nd quarterly burn, eliminating 1.59 million BNB from circulation\u2014valued at approximately $1.024 billion. This included standard burns and tokens burned via the Pioneer program, reducing total supply to just under 140 million.<\/p>\n

HashKey Chain activates veHSK governance model<\/h2>\n

HashKey Chain officially launched its veHSK (vote-escrowed HSK) system, allowing users to stake tokens in exchange for non-transferable governance rights. The system introduces two tiers of governance: daily participation and major proposals requiring veHSK consumption.<\/p>\n

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Most Trending Cryptocurrencies on CoinGecko After Bitcoin\u2019s New ATH<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Aptos becomes third-largest RWA network with $538M TVL<\/h2>\n

The Aptos network\u2019s total value locked in Real-World Assets surged 56.28% over 30 days to $538 million. The growth places it behind only Ethereum and zkSync Era in the RWA space, with most value coming from private credit, U.S. Treasuries, and alternative funds.<\/p>\n

OpenSea acquires Rally to expand token trading infrastructure<\/h2>\n

NFT giant OpenSea acquired Rally, the developer behind Rally Wallet and mobile-first Web3 apps. The move strengthens OpenSea\u2019s presence in the token trading sector and adds support for 19 blockchains.<\/p>\n

Inception re-staking protocol shuts down operations<\/h2>\n

Inception, a re-staking protocol built on EigenLayer, has officially closed down. Despite strong integration with over 60 DeFi projects and 15+ liquid restaking tokens, the protocol failed to gain sustainable traction. The team cited a lack of product-market fit and insufficient incentive alignment.<\/p>\n","protected":false},"excerpt":{"rendered":"

From groundbreaking Ethereum developments to record-breaking DeFi activity and major protocol updates, the crypto industry saw a flurry of important announcements this past week.<\/p>\n","protected":false},"author":7,"featured_media":153585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[258,271,272,391],"coin_category":[],"class_list":["post-162550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-bnb","tag-ethereum","tag-hyperliquid","tag-rwa"],"acf":[],"yoast_head":"\nWeekly Roundup: What Happened in Crypto Over the Past Week - CryptoDnes EN<\/title>\n<meta name=\"description\" content=\"From groundbreaking Ethereum developments to record-breaking DeFi activity and major protocol updates, the crypto...\" \/>\n<meta name=\"robots\" content=\"index, follow, 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