# ScaleWatching the Week *August 9h - 16th* By [ScaleWatching](https://paragraph.com/@scalewatching) · 2024-08-16 --- Hello dear ScaleWatchers, Let's round up and comment some of the most important news that happened this week in the L2 scene: **_\*Work in progress, experimental Edition_\*** ![](https://storage.googleapis.com/papyrus_images/685706a96fb966dc937cd76e9c840886.png) * * * ### **Markets** Taking the ETH chart as a reference, after starting the week on the right foot and reaching $2750, most Crypto market prices slightly came back down in the second half of the week (2500/2600 for ETH) and consolidated there for the second part of the week. As I said last week, it is likely to remain on this range (2400-2800) for a while before seeing important movements. ![](https://storage.googleapis.com/papyrus_images/6b3b2fe03aa4bbfd4e6b045f78e2ca85.png) **_Eth Daily Chart (Aug 16th)_** On the other hand, the recovery in the Traditional Markets seems to have more momentum. ![](https://storage.googleapis.com/papyrus_images/1a932addfc199b0d710188af4252a1bb.png) **_Nasdaq Daily Chart (Aug 16th)_** * * * ### L2 news * [Base moved their Optimism Superchain Grant to a new contract while vesting the tokens.](https://x.com/base/status/1822030247950262563) This will allow their core team to play an active role in the Optimis Superchain Governance * [Taiko teams up with @LogX\_trade](https://x.com/BuiltOnTaiko/status/1822184683217498238) * [The zkFest by zkSync continues with new cool initiatives](https://x.com/zksync/status/1822814933471445017) * [Here you can see a selection of the latest Starknet project grantees from their Seed Grant Program](https://x.com/Starknet/status/1822970603705623031) * [Taiko partners with Biconomy](https://x.com/biconomy/status/1822926434165260672) to offer better AccountAbstraction-powered UX with their SDK * [EigenLayer will be the AVS provider for the Sentient's OML](https://x.com/eigenlayer/status/1822999097122729986) new AI model * [Alchemy hosts Linea](https://x.com/LineaBuild/status/1823006221164519576) to talk about their ecosystem and infra * [The Dojo NYC Residency program is in full swing](https://x.com/ohayo_dojo/status/1823002666156564622) * [EigenLayer introduces the AVS Rewards Mainnet Launch Program](https://x.com/eigenlayer/status/1823014261854978347) where they will share some rewards with stakers and operators * [Starknet ships their new Ecosystem Dashboard](https://x.com/Starknet/status/1823011144715603992) * ["The Call of Taiko"](https://x.com/taikoxyz/status/1823017175353119166) Campaign enters its 7th Trail * [Scroll's latest Level Up Grants Office Hours](https://x.com/Scroll_ZKP/status/1823042261174845577) * [Optimistic Superchain path to interoperability - a thread](https://x.com/Optimism/status/1823073114366050695) * [Aavegotchi announces Geist,](https://x.com/aavegotchi/status/1824113878646571117) a L3 built with the Arbitrum Orbit stack and Base as its settlement layer 2 * [zkSync kicks off their "Build on zkSync" Dev-teaching series](https://x.com/zkSyncDevs/status/1824152657461739541) * [The Cronos zkChain deploys on Alpha Mainnet](https://x.com/cronos_chain/status/1823966639622324468) * [Dojo Weekly Roundup](https://x.com/ohayo_dojo/status/1823691140144751093) * * * ### Dapp World * [Puffer recaps their recent news and EDCON presence](https://x.com/puffer_finance/status/1822284954761576802) * [Uniswap releases a research on Crypto Prices Dynamics in collab with Copenaghen University](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4910537) * [The Vessels Trading Dex deploys on Scroll](https://x.com/VesselFinance/status/1822920982623121851) * [The Dojo NYC Residency program is in full swing](https://x.com/ohayo_dojo/status/1823002666156564622) * [Learn how to implement the Zeronym on-chain identity verification platform](https://x.com/0xHolonym/status/1823050839205822924) * [The bunnyFi bridge now supports Scroll](https://x.com/BunnyfiLabs/status/1823280502733955259) * [The Router interoperability protocol adds support for Linea](https://x.com/LineaBuild/status/1823352340348277054) * [The Starknet MetaMask Snap is now able to connect to the StarkGate bridge](https://x.com/Starknet/status/1823360935475744779) * [MetaMask announces the MetaMask Card in collab with Baanx and Mastercard](https://x.com/MetaMask/status/1823700296281022804) * [Kelp introduces the Airdrop Gain, an Airdrop-Hunter Concierge Strategy](https://x.com/KelpDAO/status/1823365135093969334) * [Uniswap's sidebar real-time updates](https://x.com/Uniswap/status/1823327916924485822) * [Looping Smart Wallet app adds support for Taiko](https://x.com/loopringorg/status/1823411354406896108) * [Cantina's 2.3M Web3 Security Competition](https://x.com/cantinaxyz/status/1824083963373318590) * [RageTrade Perp aggregator kicks off a trading competition with 100k $ARB](https://x.com/rage_trade/status/1824069976547791304) as prize pool. * [Aerodrome's LP Rewards Update](https://x.com/AerodromeFi/status/1824219547483992502) * [ODHack 7.0 coming soon](https://x.com/OnlyDust_com/status/1823986965722591253) * [Plural Energy project on Base](https://x.com/AdamTSilver/status/1824165538727334000) * * * ### Events [![User Avatar](https://storage.googleapis.com/papyrus_images/dc2c3ab7bacf0dda632f47a5d960ad1a.jpg)](https://twitter.com/zksync) [ZKsync (∎, ∆)](https://twitter.com/zksync) [@zksync](https://twitter.com/zksync) [![Twitter Logo](https://paragraph.xyz/editor/twitter/logo.png)](https://twitter.com/zksync/status/1823392858147344882) We're looking for fresh minds to join us at our first ZK Unplugged this weekend in Buenos Aires. We chose [@crecimientoar](https://twitter.com/crecimientoar), a temporary crypto-powered city to host our first founders retreat. If you're a founder in Buenos Aires from August 16-18, send us a DM with your pitch! [![Like Icon](https://paragraph.xyz/editor/twitter/heart.png) 221](https://twitter.com/zksync/status/1823392858147344882)[ 18:15 • 13 ago 2024 ](https://twitter.com/zksync/status/1823392858147344882) * [Metamask August Dev Community Call](https://lu.ma/wbe0k4bz) * [SheFi Summit Singapore](https://x.com/shefiorg/status/1821216796067889652) * * * ### Interesting Threads & Articles * [Linea dApp Ecosystem Q2 2024 Report by DappRadar](https://dappradar.com/blog/linea-dapp-ecosystem-q2-2024-report) * [Points Part 1 - A research by ThreeSigma](https://threesigma.xyz/blog/points-one) * [EIP-7702 explained](https://blog.ambire.com/eip-7702-allowing-account-abstraction/) * [Scroll's DeFi Eco thread](https://x.com/daddysether/status/1823730192373965219) * * * ### **Drama Section** [EigenLabs being accused of Airdrop Bribery with projects deploying on its Eco](https://x.com/CoinDesk/status/1824067033350258815) * * * Thanks a lot for reading the first edition of "ScaleWatching the Week". We're planning to add more sections from the upcoming editions. **Risk & Disclaimers: The content provided in this newsletter is for informational purposes only and should not be construed as financial, investment, or trading advice. Cryptocurrency investments are highly volatile and subject to significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. We do not endorse, recommend, or make any representations about the efficacy, accuracy, or completeness of any information provided herein. By reading this newsletter, you acknowledge and accept that you are solely responsible for any financial decisions you make.** --- *Originally published on [ScaleWatching](https://paragraph.com/@scalewatching/9-16aug)*