ETH Weekly Report | The generation of the Ethereum genesis block has reached its 8th anniversary; PGN, a Layer 2 network based on OP Stack, officially launches on the mainnet (7.24-7.30).

The Ethereum network celebrates its 8th anniversary of the genesis block. PGN, a Layer 2 network based on OP Stack, has officially launched on the mainnet. This development aims to enhance scalability and improve transaction speeds on the Ethereum network.