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January 9, 2025

Phala Network Launches Groundbreaking Layer 2 Rollup on Ethereum

Phala Network launched the first-ever Op-Succinct Layer 2 rollup on the Ethereum platform on January 8. This innovative solution is the result of a collaboration with Succinct Labs and Conduit. As the demand for efficient and scalable blockchain solutions grows, Phala Network is setting the pace with this unique rollup. This development could enhance the Ethereum ecosystem and attract more projects to adopt Layer 2 technologies for their scalability needs.

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