|

Astar zkEVM plans mainnet upgrade for April 10, set to boost functionality and performance

  • Astar, an Ethereum Layer 2 scaling solution announced a mainnet upgrade for April 10. 
  • The upgrade is expected to enhance the functionality and performance across the zKyoto testnet and zkEVM mainnet. 
  • ASTR price is in a downward trend, nearly 7% losses in the past week. 

Astar zero-knowledged EVM (zkEVM) is an Ethereum Layer 2 scaling solution that leverages Polygon’s Chain Development Kit. The project announced a mainnet upgrade for Wednesday, April 10. 

The upgrade will boost the chain’s performance and functionality. 

Astar to rollout mainnet upgrade

Astar zkEVM announced an upgrade that will improve the function and performance of its testnet, zKyoto, and its mainnet. Decentralized application developers and end users do not need to take additional steps for the upgrade, it requires actions from infrastructure developers. 

The upgrade is set to roll out on April 8 at 12PM UTC on the testnet and April 10 at 12PM UTC on the mainnet, according to the official blog. Astar’s native bridge will be unavailable for a two hour duration during the upgrade and the project shared steps for infrastructure developers to follow, in its announcement. 

On Saturday, Astar encountered a network issue and the chain was under unscheduled maintenance. The protocol announced that user funds are secure and collaborated with Polygon and Gelato developers to address the challenges faced. 

ASTR price is nearly unchanged on the daily timeframe. In the past week, ASTR price wiped out nearly 7% of its value and the Layer 2 token is down nearly 18% on the monthly timeframe. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

More from Ekta Mourya
Share:

Editor's Picks

Ripple holds EMA support as ETF inflows persist

XRP ticks up as bulls defend the 200-day EMA support at $1.35. US-listed XRP ETFs record nine consecutive days of inflows, reinforcing steady institutional interest. XRP upholds a constructive bullish bias but risks extending the correction if momentum indicators deteriorate.

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

Bitcoin remains resilient above $78,000 as investors anticipate a renewed push toward $80,000. Ethereum continues to demonstrate a constructive technical setup, holding above $2,400. Ripple is exhibiting early signs of recovery near $1.37.

Bitcoin consolidates near $78,000 as ETF inflows surge

Bitcoin trades near $78,000 on Monday, consolidating after its recent rally as strong institutional demand continues to provide support. However, escalating Middle East tensions, rising oil prices and growing inflation concerns dampened risk appetite, which could cap the Crypto King’s upside.

Pi Network stages mild August recovery amid potential DEX environment test

Pi Network is trading around $0.0900 on Monday, continuing its consolidation above the $0.0836 support floor. The PI Testnet has seen around 30 new tokens released under the names of leading corporations, suggesting a potential test of the DEX environment.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout
Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.