Analysts at Crypto.com have released a new report on the DeFi sector, noting that the market capitalization index this week increased by 10.24%, while volume and volatility indicators decreased by 27.82% and 18.32% respectively. Special attention this past week was drawn to the restaking service, allowing Ethereum validators to re-stake their ETH in a new smart contract. EigenLayer, an innovative protocol upgrade, adds a new level of utility to the Ethereum ecosystem.

The Dencun update for Ethereum has already been launched in the Sepolia test network and is expected to be implemented in Holesky at the beginning of next week. Developers of Immutable zkEVM have launched an early access phase in the main network. The creators of Starknet announced a collaboration with Celestia to implement third-layer (L3) chains in the ecosystem, which will allow the use of Blobstream technology to enhance data accessibility and scalability. Representatives from LayerZero Labs reported the release of LayerZero V2, an updated product that will offer universal message exchange features, unified semantics, and modular security.

The dYdX platform introduced services that allow converting DYDX tokens into liquid staking tokens, which can be used in other DeFi applications. This feature was launched in collaboration with Stride. Developers of Synthetix deployed the V3 perpetual contracts protocol, aimed at simplifying the creation and trading of new derivative products for developers and traders.

The Stellar Foundation postponed the blockchain update of Stellar with the addition of smart contracts after discovering a bug in the Stellar Core v20.1.0 software. The DeFi platform Abracadabra suffered a security attack, resulting in damages of $6.4 million.