On July 9, 2025, in Zug, Switzerland, Status unveiled its innovative Status L2, a gasless Layer 2 solution built on Consensys’ Linea stack. This platform transforms rollup economics by replacing sequencer fees with native yield and app revenues, facilitating seamless onboarding for games, social applications, and DeFi. By eliminating transaction fees, Status Network supports developers and liquidity providers through bridged yield and app fees. Cyprien Grau, Lead at Status Network, emphasized that this design allows developers to create engaging experiences without requiring users to preload gas. The platform aligns incentives for all stakeholders, ensuring builders receive funding, liquidity providers enjoy sustainable returns, and users experience a truly free-to-play blockchain. Status Network upholds the core principles of privacy, sovereignty, and open access, fostering a high-performance environment for community engagement. With its public testnet now live, the mainnet launch is anticipated in Q1 2026, promising a frictionless experience for users and developers alike. Read more AI-generated news on: https://app.chaingpt.org/news