Ethereum Layer 2 HashKey Chain Goes Live on Mainnet

HashKey Group, a Hong-Kong-based regulated digital asset leader, has officially launched its Ethereum Layer 2 blockchain, HashKey Chain, on the mainnet. This marks a significant leap forward in the rapidly evolving blockchain space, positioning the group as a key player in global decentralized finance (DeFi). Testing the Limits: HashKey Chain’s Impressive Numbers Before its mainnet debut, HashKey Chain underwent a rigorous testnet phase, which began on November 11, and the results were remarkable. The platform recorded an impressive 25 million transactions, securing over 860,000 wallet addresses. It handled 400 transactions per second under simulated conditions. Over 50 projects were deployed during this period, with a 300,000-strong community actively participating. These achievements underline HashKey’s commitment to building a robust and dynamic blockchain network. Kay Lu, CEO of HashKey Eco Lab, said this is not just about building a blockchain. It is an initiative focused on delivering an efficient and secure platform. The focus is on creating an environment that is welcoming to developers. HashKey Chain Joins the Ethereum Superchain Revolution HashKey Chain’s debut aligns it with the Ethereum Superchain, a network of interconnected Layer 2 blockchains powered by Optimism’s OP Stack. This integration enhances blockchain interoperability. This positions HashKey Chain alongside prominent platforms like Coinbase’s Base, Zora, and Worldcoin. The Superchain improves scalability, making it easier for developers to create efficient decentralized applications (dApps). HashKey Chain is not just a follower but a leader within this ecosystem. Its native token, HSK, is available on various exchanges and enables holders to engage in governance. Also, it shapes the network’s future, promoting decentralization and community involvement. Reportedly, HashKey did not stop at infrastructure. HashKey Chain recently rolled out a $50 million grant program to support and attract top-tier talent. This initiative offered funding, technical mentorship, and opportunities for collaboration. With this program, HashKey is cultivating a developer ecosystem ready to tackle real-world challenges using decentralized solutions. Beyond the Blockchain: Crypto ETFs and Market Presence HashKey’s influence extends far beyond its Layer 2 chain. The group has made remarkable progress in the crypto industry through strategic initiatives and partnerships. Recently, it partnered with Bosera Asset Management to launch Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) earlier this year. These ETFs have attracted over $88 million in investments, showing strong investor interest. However, their scale remains smaller compared to U.S. counterparts. Collaborating with Ripple, HashKey advanced XRPL (XRP Ledger) solution in Japan , strengthening blockchain innovation in the region. In August, HashKey Exchange added AVAX and LINK to its trading platform to expand its crypto offerings and reinforce its market leadership. The post Ethereum Layer 2 HashKey Chain Goes Live on Mainnet appeared first on TheCoinrise.com .