🔥🔥 Noteworthy projects in the last days of May!!
1. Renzo Protocol
Renzo Protocol provides an easy interface to the EigenLayer ecosystem, enabling ETH holders to achieve higher returns. Users can receive an equivalent amount of ezETH tokens by depositing ETH or liquid staking tokens (e.g. stETH). This protocol capitalized on the rapidly growing Ethereum restaking trend in the crypto industry, increasing the total locked value from $400 million to $15 billion in six months.
2. SubLayer
AltLayer is a decentralized protocol focused on improving scalability and efficiency in the Web3 ecosystem. It facilitates the launch of native and restaked rollups and makes it easier to build, operate and scale applications on the blockchain by offering Rollups-as-a-Service (RaaS). AltLayer gained significant recognition among the broad crypto community by taking part in the Binance Launchpool campaign.
3.Mantle
As an Ethereum layer-2 network, Mantle aims to achieve mass adoption of decentralized and token-managed technologies. Its high-performance modular architecture offers low transaction fees and fast transaction completion time. Mantle has a user-friendly interface that makes it easy for developers to develop new decentralized products and services. Additionally, Mantle's governance is accomplished through proposal and voting processes by token holders.
These projects are creating significant opportunities in the crypto industry by introducing innovations in areas such as Ethereum staking, Web3 scaling, and high-speed blockchain transactions. These developments have the potential to increase diversity and user base in the cryptocurrency market.