Dunamu don launch Giwa: 1s Ethereum Layer2, KRW Stablecoin

Published: 2025-09-09 11:03:22 |

Dunamu, papa company wey get South Korea top exchange Upbit, don release Giwa, Ethereum Layer2 scaling network. Giwa testnet wey dey for OP Stack dey give 1-second block times and e don process over 4 million Sepolia blocks. The network dey support EVM smart contracts wit Solidity-compatible code make dApp deployment e easy. Dem dey develop special Giwa Wallet. The platform go add Korean won pegged stablecoins when e launch, e follow South Korea digital asset regulations well well. CEO Oh Kyung-seok talk about dis for 2025 Upbit D Conference. Upbit get 73% market share for the country and $22.5 billion 24-hour volume, so Giwa get strong liquidity. E dey compete with Binance BNB Chain plus Coinbase Base for developers and capital. Cross-chain bridges, clear governance, plus big dApps go help attract users. Important milestones be mainnet launch, native stablecoin issuance, plus first big apps. Giwa wan hide blockchain wahala behind user-friendly interface, e dey aim for mainstream adoption and better way to enter Web3.

Bullish

Di Giwa launch dey strong Ethereum Layer2 ecosystem and e dey use Upbit liquidity, wey suppose make ETH strong for medium to long term. For short term, testnet activity no go fit make price move sharp sharp, but successful mainnet launch, stablecoin integration, plus user-friendly interfaces fit boost ETH transaction volumes and demand. Traders fit see say network utility dey increase and dem go consider say ETH exposure dey more attractive as Giwa dey mature.