News

Galxe’s Layer 1 Gravity Chain Is Now On Mainnet

Key Points:

  • The new Layer 1 Gravity Chain integrates Galxe’s products and aims to streamline the user experience for its 25 million active users.
  • Gravity is a PoS blockchain compatible with EVM, utilizing the Arbitrum Nitro stack and Reth execution layer for high throughput and rapid finality.
Galxe, one of the largest Web3 credentialing and rewards platforms, announced its layer 1 blockchain alpha mainnet, Gravity Chain.

Read more: How to Use Galxe to Build a Community for Your Crypto Project

Galxe Unleashes Gravity Alpha Mainnet for Further Web3 Integration

Layer 1 Gravity Chain is a massive step toward onboarding every product from Galxe—Quest, Compass, Passport, and the Galxe Identity Protocol—into one single platform to ensure better experiences for their 25 million active users.

Gravity aims to become an omni-chain smart contract platform oriented towards solving the fragmentation of Web3. With seamless cross-chain interaction and full-chain abstraction, Gravity brings fluency and cohesion to the user experience across landscapes in a decentralized way.

Layer 1 Gravity Chain: A PoS Blockchain Solution with Advanced EVM Compatibility

Gravity is an EVM-compatible, Proof-of-Stake blockchain constructed with the Arbitrum Nitro stack. It makes use of Reth as the execution layer and Jolteon for consensus.

The Galxe team described this combination as one that would guarantee high throughput and close-to-instant finality of transactions. Besides, it natively supports staking and restaking protocols such as Babylon and EigenLayer.

Introduce G as the native gas token on Gravity Alpha Mainnet. Other than being the base fuel for all transactions, the purpose of the G token will be intrinsic to governance, incentivizing growth on the platform and facilitating payments in both Gravity and Galxe.

Galxe has decided to build Layer 1 Gravity Chain because the platform has rapidly grown within the past three years. Now, with the full mainnet launch expected in Q2 of 2025, Galxe supports 34 blockchain networks and 100 million monthly transactions, which calls for a more scalable solution to manage its huge user base and cross-chain interactions.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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