Essential, an intent-centric Ethereum Layer 2 (L2) scaling solution, has raised $11 million in Series A funding. This round was led by Archetype and Variant, among others. The funds will be used to enhance the development of Essential’s platform, which focuses on simplifying and optimizing the user experience in Ethereum transactions by anticipating user intent. The project aims to address challenges related to scalability and usability within the Ethereum ecosystem.
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ETH
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USDT
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RAIN
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BNB
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XRP
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XMR
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WBT
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LINK
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DAI
$0.999887
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BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
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CC
$0.09571
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USDT
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BNB
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USDC
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XRP
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SOL
$76.16
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FIGR_HELOC
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RAIN
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LEO
$9.71
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ZEC
$508.34
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ADA
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XMR
$375.33
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WBT
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LINK
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XLM
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BCH
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USD1
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CC
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