Particle Network is a layer-1 blockchain capable of applying the Account Abstraction mechanism, allowing users to interact with many different blockchains without worrying about wallets, gas fees or individual liquidity of each blockchain.
Particle Network is a layer-1 blockchain with a modular design with the ability to apply Account Abstraction mechanism to transactions, allowing users to interact with many different blockchains without worrying about wallets, gas fees or payments. separate account of each blockchain.
Particle Network acts as an intermediary payment layer, supporting users to transact between layer-1, layer-2 blockchains and non-EVM blockchains together by coordinating accounts.
Particle's Smart Wallet-as-a-Service toolkit is built with the goal of implementing the ERC-4337 standard, allowing comprehensive integration of the Account Abstraction (AA) feature from creation to use. Create a flexible environment for developers, allowing them to interact directly with AA while remaining tightly connected to Particle's WaaS service.
However, current WaaS has privacy limitations. When interacting with decentralized applications (dApps) via WaaS, users trade off privacy in two ways:
Confidential zkStack
To address privacy limitations, Particle Network integrates Zero-Knowledge (ZK) technology into the product, creating Confidential zkStack – the first solution that operates on Particle's WaaS platform.
Particle Network's Confidential zkStack achieves two goals:
BTC Connect
BTC Connect is the first Account Abstraction protocol for the Bitcoin ecosystem, allowing users to use smart accounts on Bitcoin's EVM blockchains such as Merlin , BEVM, bSquared,... through the original Bitcoin wallet itself such as UniSat, Xverse,…
Intent Fusion Protocol is an open framework that transforms and executes user intents. It enables the creation of user- and intent-focused products, integrating DSL (Domain Specific Language) to significantly simplify the DApp development process.
Intent Fusion Protocol
Developers can use the Intent Fusion Protocol DSL to express user intentions through data constraints instead of transactions, then send them to a network of Solvers for execution on the blockchain.
Universal Account allows users to interact with many different blockchains easily. Users only need an address, a balance, and a single point of interaction. This eliminates the need to manually convert assets between blockchains or manage multiple wallets on different blockchains.
Universal Account
Users only need to maintain one balance and account status for all blockchains, Universal Account will automatically execute cross-blockchain transactions achieving the desired results for each transaction. Thanks to this, users have a consistent experience regardless of which blockchain they are using.
The entry price for this order is very attractive as some analysts believe that ONDO's reasonable price is in the range of 0.4-0.7 USD. With a significant investment beyond the expected scope, Lookonchain suspected the whale had an insider.
Someone created a new wallet 27 hours ago and withdrew 1,870.68 $ETH ($5.7M) from #Gemini .
Then he spent the 1,870 $ETH ($5.7M) to buy 6M $ONDO at an average price of $0.95 in the past 27 hours.
Does this guy know something that we don't? https://t.co/3ZQ6s6SnVM pic.twitter.com/G1udIF8Mhw
— Lookonchain (@lookonchain) May 17, 2024
This transaction attracted the attention of the crypto community and ONDO, the native token of Ondo Finance, skyrocketed 11% immediately after the purchase.
However, ONDO has dropped after the latest bounce and is trading below the $1 threshold at the time of writing. However, ONDO is still increasing by more than 19% over the past week.
Crypto analyst Mags commented on the price movement, sharing analysis on the next price target for ONDO.
“If the price closes above 1 USD, the next target will be 1.4 USD and 2.7 USD or more.”
$ONDO keeps printing up +131%
$1.5 Incoming, Binance listing soon 👀 https://t.co/bF8lznNDOP pic.twitter.com/5v95S4aZvn
— Mags (@thescalpingpro) March 25, 2024
A whale created a new wallet on May 16 and withdrew 1,870.68 ETH (worth $5.7 million) from the Gemini cryptocurrency exchange to buy 6 million ONDO tokens at an average price of 0, 95 USD.
The entry price for this order is very attractive as some analysts believe that ONDO's reasonable price is in the range of 0.4-0.7 USD. With a significant investment beyond the expected scope, Lookonchain suspected the whale had an insider.
Someone created a new wallet 27 hours ago and withdrew 1,870.68 $ETH ($5.7M) from #Gemini .
Then he spent the 1,870 $ETH ($5.7M) to buy 6M $ONDO at an average price of $0.95 in the past 27 hours.
Does this guy know something that we don't? https://t.co/3ZQ6s6SnVM pic.twitter.com/G1udIF8Mhw
— Lookonchain (@lookonchain) May 17, 2024
This transaction attracted the attention of the crypto community and ONDO, the native token of Ondo Finance, skyrocketed 11% immediately after the purchase.
However, ONDO has dropped after the latest bounce and is trading below the $1 threshold at the time of writing. However, ONDO is still increasing by more than 19% over the past week.
Crypto analyst Mags commented on the price movement, sharing analysis on the next price target for ONDO.
“If the price closes above 1 USD, the next target will be 1.4 USD and 2.7 USD or more.”
$ONDO keeps printing up +131%
$1.5 Incoming, Binance listing soon 👀 https://t.co/bF8lznNDOP pic.twitter.com/5v95S4aZvn
— Mags (@thescalpingpro) March 25, 2024
Fantom (FTM), a once famous layer-1 blockchain, is receiving attention again ahead of an important upgrade called Sonic.
On the evening of May 17, the Fantom Foundation posted an important governance proposal, announcing to the community a new project called Sonic Network (S). Sonic Network is a new layer-1 blockchain developed by Fantom on the new Sonic technology platform, replacing Fantom's old Opera version.
https://x.com/FantomFDN/status/1791517798205907116
Once the Sonic Network is deployed, FTM holders will be able to redeem tokens 1:1 for the Sonic network currency called S. Those who do not want to redeem can still continue to hold FTM. However, the Fantom Foundation encourages users to migrate to the new network as all the attention and development effort of the project will be transferred here.
The rest of the proposal retains the changes that were mentioned in the Sonic upgrade announcement at the beginning of the year.
Both Fantom's FTM and TVL token prices have increased more than 30% in the last 7 days, the clearest signal that money is being poured back into the project.
Specifically, while the FTM price increased from 0.64 USD to 0.84 USD, the value locked (TVL) of Fantom increased to 200 million USD on May 16, before decreasing to 129 million USD at the time of writing. This is the highest TVL level that Fantom has achieved since July 2023, when the Multichain hack occurred, causing heavy damage to the ecosystem.
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