Soonbase has launched its mainnet as a high-performance SVM rollup, marking a significant milestone in Ethereum scaling solutions.
Key features:
- Powered by SOON Stack and EigenDA
- Combines strengths of both EVM and SVM
- Delivers fast transaction speeds
- Maintains low transaction fees
- Provides Solana-like user experience
The rollup represents the first native SVM implementation on Ethereum, leveraging EigenLayer's infrastructure for scalable execution.
Learn more about Soonbase at soon.market
Congrats are in order for our friends over at @soon_svm馃帀 The Soonbase Mainnet is a high-performance SVM rollup powered by SOON Stack and EigenDA. It鈥檚 awesome to see the SVM rollup in action, it blends EVM and SVM strengths with super fast transactions, dirt-cheap fees, and
Solana on Base, powered by SOON Stack & @eigen_da. soonBase Mainnet is now live as the native SVM Rollup on @Base. Builders & Users can experience the magic of SVM directly on Base now at: bridge.soo.network/home?chain=2
Weekly Crypto Roundup: DeFi Evolution & Market Shifts

Key developments in the crypto space this week: - **Hyperliquid** introduces new DeFi model where protocols earn directly from trading fees, shifting focus from token speculation to sustainable revenue - Crypto funds pivot to quality assets amid losses, with major players like Maven 11 focusing on Bitcoin, Ethereum, and established DeFi protocols - **DeFi Platforms Evolution**: Protocols like Uniswap v4 and Fluid DEX transform into developer platforms, similar to app stores, enabling new revenue streams - Critical analysis suggests crypto's revolutionary vision may be diluting due to focus on infrastructure over monetary innovation - Business Development in crypto showing signs of maturation, moving toward structured approaches and measurable metrics *Notable shift toward sustainable revenue models and platform development across the ecosystem.*
Impossible Finance ATH Reward Distribution Update
The distribution of ATH rewards for Impossible Finance community members is still pending. A follow-up announcement will be made once the distribution is complete. This follows the earlier delay of the 4th $AFT airdrop, which was rescheduled to June. Key points: - ATH reward distribution status: Pending - Next update will come after distribution - Previous $AFT airdrop was delayed to June Community members are advised to monitor official channels for further updates.
Impossible Quest Season 1 Concludes with USDT Rewards Distribution

The first season of Impossible Quest on Zealy has successfully concluded. Participants have received their USDT rewards via the Arbitrum network. Key points: - Rewards distributed through [verified transaction](https://arbiscan.io/tx/0x36ef76d942121a593bfb0e7175c3e9454ffd7ccb8bf8ba5a4c8ac8e2a555384d) - Season 2 launches in May - Extended duration: Full month of activities *Looking ahead*: The next season promises an extended engagement period with new opportunities for participation. **Action required**: Mark your calendars for May's launch and prepare for Season 2.
Quantstamp and Hemi Discuss Critical PoS Network Security Flaws
Security experts from Quantstamp, Hemi, and ImpossibleFi held a detailed discussion on blockchain security challenges. The panel explored: - Fundamental vulnerabilities in Proof of Stake networks - The essential role of comprehensive security audits - Hemi's innovative approach to BTC L2 security Key highlights included analysis of hidden risks in L1/L2 systems and strategies for preventing catastrophic security failures. The discussion emphasized how proper security measures are fundamental for blockchain project sustainability. [Watch the full AMA recording](https://x.com/impossiblefi/status/1886805699486974287)