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Blockchain Weekly Digest — February 4th, 2025

Introducing SSV 2.0, Introducing the Interchain JavaScript Stack, Introducing the first Cross-Chain Explorer, Cardano Weekly Development…

Wayne Fong in KysenPool · 2025-02-04 09:03 · 0 claps · 6.8 min read
#ethereum #cosmos #cardano #harmony-protocol #analog
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Wiki topics: CRY · Crypto & Web3 🌐 · Web Development 🔭 · Astronomy & Space

Blockchain Weekly Digest — February 4th, 2025

Introducing SSV 2.0, Introducing the Interchain JavaScript Stack, Introducing the first Cross-Chain Explorer, Cardano Weekly Development Update, Introducing Hyperledger Identus, Harmony Monthly Updates, Analog x SNS: Web3 Identity Goes Cross-Chain, and Chain Atlas × Analog: AI-powered multichain territory control.

The Blockchain Weekly Digest highlights major developments across ecosystems:

  • SSV 2.0 introduces a new “Based Economy,” enabling Ethereum validators to secure off-chain applications without risking staked ETH.
  • Hyperweb unveils the Interchain JavaScript Stack, enhancing Cosmos ecosystem tooling for seamless cross-chain dApp development.
  • Range launches the first Cross-Chain Explorer, providing real-time tracking across 50+ chains.
  • Cardano’s Plomin hard fork marks a shift to full community governance.
  • Hyperledger Identus introduces a blockchain-based decentralized identity solution.
  • Harmony’s monthly updates focus on AI integration, staking improvements, and LayerZero interoperability.
  • Analog and SNS collaborate to bring cross-chain Web3 identities.
  • Chain Atlas leverages Analog’s AI-powered infrastructure for multi-chain territory control and blockchain onboarding.

Navigate through the quiet, yet captivating waters of the crypto world in this weekly roundup. Keep reading for a detailed exploration of each update.

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Ethereum

Introducing SSV 2.0 — The Based Applications Protocol

SSV Network is launching SSV2.0, its most ambitious upgrade yet, designed to revolutionize the restaking market and establish the “Based Economy” by leveraging Ethereum validators to secure off-chain applications, known as based applications (bApps). Unlike traditional restaking, bApps utilize Ethereum’s validator set for security without risking staked ETH, unlocking new yield opportunities for validators. SSV2.0 introduces a bootstrapping model that enhances scalability, reduces risks, and fosters an infinite-sum ecosystem where validators and applications collaborate for mutual benefit. Key components include the Based-Applications Chain for cross-chain interoperability, a Risk Expressive Model for dynamic risk allocation, and an upgraded tokenomics framework ensuring sustainable SSV staking. By enabling validators to support DeFi, data availability, cross-chain communication, and more, SSV2.0 positions itself as the backbone of a more secure and decentralized Ethereum ecosystem.

Check it out the blog post 👉 ***here.***

Cosmos

Introducing the Interchain JavaScript Stack

Hyperweb, formerly Cosmology, has unveiled the Interchain JavaScript Stack, a major rebranding and upgrade of its Cosmos ecosystem tooling to enhance cross-chain interoperability. This includes re-engineering CosmJS into InterchainJS for broader blockchain support, expanding Cosmos Kit into Interchain Kit for multi-wallet compatibility, and introducing Create Interchain App for seamless cross-chain dApp development. Key improvements include Telescope’s optimized TypeScript client generation, modular transaction signing via InterchainJS, and the Hyperweb Virtual Machine (HVM) for universal JavaScript smart contracts. With these innovations, Hyperweb aims to streamline interchain development and empower developers to build the future of decentralized applications.

Check it out the blog post 👉 ***here.***

Introducing the first Cross-Chain Explorer

Range has introduced the first Cross-Chain Explorer, providing real-time tracking of transactions and asset flows across 50 major chains and key interoperability protocols like IBC, CCTP, Hyperlane, and Thorchain. By consolidating data from multiple ecosystems, the explorer eliminates the need to juggle multiple block explorers, offering unparalleled visibility into cross-chain transfers. Developers and product teams can leverage the Range API for liquidity tracking, compliance monitoring, and incident response. With integrated analytics, alerts, and forensic wallet monitoring via Range Trail, this tool enhances security, usability, and institutional adoption in the cross-chain space. Explore it now at x.range.org.

Check it out the blog post 👉 ***here.***

Cardano

Cardano Weekly Development Update

The weekly development report highlights significant progress across Cardano’s core technology, wallets, scaling, governance, and education. The Plomin hard fork was successfully enacted, marking a historic shift to full community governance. The Lace team released v1.19.0, improving performance and introducing a DApp explorer. Mithril advanced incremental certification, preparing for the Pythagoras era, while the Leios team optimized simulations in Haskell and Rust. Research focused on sortition efficiency and transaction construction. The education team continued refining developer courses and planning for Midnight education. These developments enhance Cardano’s scalability, governance, and user experience.

Check it out the blog post 👉 ***here.***

Introducing Hyperledger Identus

Hyperledger Identus, a decentralized identity solution built on Cardano and derived from Atala PRISM, addresses the growing need for secure, self-sovereign identity management. Traditional identity methods, reliant on centralized authorities, pose security risks and limit user control. Identus overcomes these challenges by leveraging blockchain technology to provide verifiable credentials (VCs) and decentralized identifiers (DIDs) for passports, driver’s licenses, and other critical documents. The platform ensures security, scalability, and interoperability while enabling individuals and organizations to maintain full control over their data. As part of LF Decentralized Trust under the Linux Foundation, Identus is set to expand in 2025, benefiting from collaboration with the Cardano ecosystem to drive innovation in digital identity.

Check it out the blog post 👉 ***here.***

Harmony Protocol

Harmony Monthly Updates

January was a pivotal month for the Harmony ecosystem, marked by technical advancements, community growth, and strategic integrations. The month kicked off with the launch of AthleteFi and validator tools like airdrop.easynode.pro, alongside protocol upgrades such as the Eliza AI agent, improved stream sync, and enhanced data integrity. Mid-month milestones included Harmony’s listing on CoinMart DEX, testnet updates, and Ledger’s plan for a new Harmony app. AI developments, staking refinements, and interoperability efforts, including LayerZero proxy updates and USDC bridging, remained key priorities. The final weeks saw ElizaOS integration, validator upgrades, and enhanced trading solutions, reinforcing Harmony’s trajectory toward innovation and scalability in 2025.

Check it out the blog post 👉 ***here.***

Analog

Analog x SNS: Web3 Identity Goes Cross-Chain

SNS and Analog are joining forces to break the silos of decentralized domain names, enabling seamless cross-chain Web3 identities. Until now, SNS’s .sol domains were restricted to Solana, limiting users’ ability to operate across networks like Ethereum, Arbitrum, and Polygon. With Analog’s General Message Passing (GMP), SNS users can now export their domains across multiple chains while maintaining full ownership and decentralization. This eliminates the need for complex bridging, ensuring a frictionless, censorship-resistant identity system. SNS will integrate Analog Watch and GMP in its public Testnet, setting a new standard for interoperable, borderless Web3 identities.

Check it out the post 👉 ***here.***

Chain Atlas × Analog: AI-powered multichain territory control

Chain Atlas, powered by Belong, is leveraging Analog’s technology to revolutionize multi-chain territory control and blockchain onboarding. Managing data across multiple blockchains is a major challenge, but Analog’s infrastructure enables seamless data integration from Ethereum, Polygon, BNB Chain, Arbitrum, and Astar. By using Analog Watch’s API, Chain Atlas AI agents provide real-time insights, ensuring that users can engage in gamified blockchain experiences without technical complexity. Players can mint gas-free NFTs, complete Proof-of-Location missions, and compete on global leaderboards while Analog handles cross-chain confirmations instantly. This integration enhances AI-driven blockchain applications, improves real-time tracking of on-chain activity, and automates complex multi-chain interactions, making blockchain more accessible and engaging for mainstream adoption.

Check it out the blog post 👉 ***here.***

Thank you for reading.

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