Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks. In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana. “This would actually allow the meta chain to use the cheapest currently available DA offer,” Yakovenko said. Data availability layers are third-party solutions ensuring that blockchains have the necessary data to validate transactions. Source: Anatoly Yakovenko Blockchain interoperability is one…
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How market fragmentation impacts OTC trading: Report
The crypto market is one of the most fragmented financial ecosystems in history. Unlike traditional markets, where liquidity coalesces around a few dominant exchanges, crypto trading occurs across over 700 exchanges worldwide. This fragmentation presents opportunities and challenges, but it poses greater concerns for institutional players, as it complicates price discovery, degrades execution quality and reduces market efficiency. In this report, Finery Markets analyzes how fragmentation affects market liquidity, transaction costs and execution efficiency. The report examines the structural differences between centralized exchanges, decentralized exchanges and OTC markets. It particularly…
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