Stargate Network Achieves Multiple Chain Milestones
Stargate Network Achieves Multiple Chain Milestones
🚀 70 Billion Reasons Why
Key Network Milestones:
- Sei Network surpasses $500M in transfer volume
- Abstract reaches $100M+ in transfers
- Total network hits $70B in transfer volume
July 2023 Performance:
- $3.95B transfer volume
- 970K transactions completed
- 34 new OFTs added
- 5.8M API calls
Notable Updates:
- Sei Network now supports native USDC, USDT0, and WETH
- PENGU token transfers increased 30%
- Zero-slippage and zero-fee transfers available for OFTs
- Instant settlement guaranteed for native assets
Network continues expansion with more Hydra chains and assets planned for August.
Milestone Unlocked: $500M+ Transferred into @SeiNetwork. Sei is one of the largest Hydra chains in Stargate’s global liquidity layer, home to native USDC, USDT0, Hydra-distributed WETH and multiple LayerZero OFTs. Move to Sei with instant, guaranteed settlement with native
Just hit $70,000,000,000 in transfer volume. Stargate.
July by the Numbers. • $3.95B in transfer volume • 970K transactions • 34 new OFTs listed • 3 new chains added • 5.8M API calls (📈 new metric) August brings more Hydra chains + new Hydra assets + Stargate Swaps. Stargate is the Global Liquidity Layer.
Milestone Unlocked: $100M+ in Transfer Volume for Abstract The fastest-growing chain in Stargate's Hydra network. Stargate is how you get to Abstract. Low fees, guaranteed settlement. Oh, and it’s free to move $PENGU.
LayerZero Foundation Proposes Stargate Acquisition
The LayerZero Foundation has initiated a significant move in the cross-chain ecosystem by proposing to acquire Stargate through the StargateDAO forums. Key points: - Proposal open for community feedback over 7-day period - Follows recent Stargate ecosystem expansion - Comes after $20M intent system proposal This development could reshape the future of cross-chain liquidity protocols. Community members can review and comment on the proposal through StargateDAO forums.
Ethereum Foundation Releases July 2025 Treasury Report
The Ethereum Foundation (EF) has published its July 2025 Treasury Report, providing detailed insights into: - Current asset holdings - Monthly earnings breakdown - Recent treasury activities and transactions This follows the updated treasury policy from June 2025, which established new guidelines for: - Token sale strategies - Fiat currency acquisition - Enhanced transparency reporting measures *View the complete report here* [Treasury Report](link-placeholder) For historical context and previous reports, visit the [EF Treasury Archive](link-placeholder).
Stargate Launches on Solana with Multi-Token Support
Stargate has expanded to Solana, enabling seamless transfers of multiple stablecoins and tokens including USDC, USDe, USDY, PYUSD, USDG, PENGU, HEMI, SEI, XDC, and CAKE. Key features: - Zero slippage and fee-free transactions - Perfect 1:1 execution rate - Integration with 80+ blockchain networks - Support for Circle's CCTP v2 The expansion follows significant milestones: - $250M transferred to Aptos - $7B+ moved to Base - Processing ~$69,700 in value every minute This launch strengthens Stargate's position as a global liquidity infrastructure, facilitating cross-chain asset movement with guaranteed settlement.
EURC Integration Coming to Stargate Protocol
The Stargate Protocol is preparing to integrate EURC (Euro Coin) into its cross-chain infrastructure. This development will enable seamless Euro-denominated transfers across multiple blockchain networks. - EURC integration marks significant expansion of Stargate's currency options - Implementation expected to benefit European users and institutions - Launch timeline targeted for Q3 2025 This addition will expand Stargate's capabilities beyond existing stablecoin options, creating new opportunities for Euro-based cross-chain transactions. *European users will soon have native currency options for cross-chain operations.*