Ethereum Ecosystem Monthly Summary: L2 Expansion, Privacy, Payments, and Institutional Upgrades

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Odaily Planet Daily reports: Ethereum has released its monthly ecosystem roundup, with multiple releases and upgrades implemented across areas including Layer 2 scaling, privacy payments, institutional finance, developer tools, and governance infrastructure.

1. Regarding scaling and infrastructure: Ronin Network completed its migration to Ethereum L2; the Arbitrum Foundation announced that LG Electronics' blockchain team is piloting on-chain advertising on its network; Base launched its first independent upgrade, "Azul," which reportedly increases performance to approximately 5,000 TPS and introduces multiple execution and consensus improvements.

2. In the payments and financial sector, Mastercard has expanded its stablecoin settlement support to include assets such as USDC and PYUSD, with settlement enabled on Ethereum mainnet and L2 networks; Cash App has launched USDC functionality, enabling nearly 60 million users to send and receive funds directly on-chain; JPMorgan Chase has launched its second tokenized money market fund on Ethereum.

3. In terms of privacy and security, the Clear Signing standard has officially launched to address the issue of "blind signing"; SEAL 911 and Wonderland have jointly introduced the DARC risk and compliance standards.

4. On the development and tools front, Hardhat version 3 has been stably released, supporting Solidity testing and multi-chain development; the ENS ecosystem has launched ENS8004, transforming domains into verifiable on-chain AI agents.

5. Multiple experimental and ecosystem projects are being advanced simultaneously, including the LIFI Intents intent execution framework and Aragon’s on-chain governance digitization.

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