MetaMask and Robinhood Team Up, Solana Network Suffers an Outage

Crypto markets are rising today, with BTC (+1.45%) trading above $43k and ETH (+2.33%) surpassing $2,350. Dymension, a new layer-1 network focused on providing rollups-as-a-service, processed its first block, marking its mainnet launch. The first phase of the protocol is focused on enhancing economic security, after which the focus will shift to launching RollApps, a way for developers to deploy consensus-free blockchains easily. DYM, Dymension’s native token, has gained 15.3% in early trading, bringing the protocol’s FDV to over $4 billion. U.S. equities are declining despite a retreat in rates and the dollar. The SPY (-0.12%) is holding up better than the QQQ (-0.73%), as many are beginning to call attention to the number of announced layoffs at various technology firms.