Browsing: Transition

GnosisDAO has voted to approve a major upgrade for Gnosis Chain: the network will transition from operating as a standalone layer-1 to becoming a ZK-proven “Ethereum Economic Zone” (EEZ) rollup aligned with Ethereum. The decision is intended to move Gnosis Chain’s transaction settlement to Ethereum while still running its smart contracts in an environment designed…

The roughly 8 percent move in Gnosis (GNO) over the last 24 hours was primarily driven by the passing of its GIP‑153 proposal to transition Gnosis Chain from an L1 to an Ethereum‑aligned L2, reinforced by a broader risk‑on altcoin rally and momentum trading.