what's morph?
Morph is an Ethereum Layer 2 rollup designed as a consumer-centric blockchain, focusing on seamless integration of decentralized applications into everyday life. It operates as an optimistic rollup with ZK fault proofs and plans for sequencer decentralization, offering high performance, low costs, and EVM compatibility. The project aims to drive mass adoption by serving as a settlement layer for real-world assets and transactions. Recently, Morph announced a partnership with Bitget, upgrading BGB as its native gas and governance token, with supply adjustments including burns and locks to align with network activity. Morph's ecosystem includes testnet activities, airdrops, and campaigns like Bantr for community engagement.
Morph received L2beat certification, a rare distinction among over 120 L2 networks.
Links
x.com/morphlayerReceived L2beat certification, a distinction shared by only around 24 of over 120 L2 networks.
Expanded integration with Chainlink services, specifically adding support for CCIP (Cross-Chain Interoperability Protocol).
Morph rebrands with new social media handle @MorphNetwork and new domain.
Morph partners with TenderlyApp to power its RPCs for reliable data and smart contract calls.
Bitget integrates Morph chain into its platform, allowing users to trade all on-chain Morph tokens directly through their exchange account without requiring separate wallets.
Legal action plan emerges for Stream Trading Corp exposure: involuntary bankruptcy filing against Caleb McMeans and receivership proceedings proposed, with active coordination for affected creditors.
$BGB officially lists on Coinone exchange with a $35K Coin Fiesta promotional campaign to celebrate the listing.
Instant QR payments launch via BitgetWallet integration in Vietnam, Philippines, and Brazil.
Scheduled security audits are underway with external challengers to validate withdrawal safety, causing temporary extension of L2 to L1 withdrawal times.
Foundation announces new BGB burn mechanism where burn amounts tie directly to Morph network gas revenue. BGB now functions as the gas token for all chain operations.
Protocol has exposure to the Stream Finance/XUSD incident, with coordination underway for affected parties to address potential claims.
Block production has halted due to a network issue currently under investigation. Team states user funds remain safe while working to restore operations.
Viridian Update is now live on Mainnet. OTFs and intent-based tokens are now available on Hermes Omnichain.
Integration with Bitget Onchain now allows direct USDT trading of Morph ecosystem assets, accessible to 120 million traders.
Stablecoins are now live on the network.
Partnership with Alchemy Pay enables fiat onramps supporting 300+ payment channels across 173 countries through Visa, Mastercard, and Apple Pay.
Active DeFi campaign running in partnership with Bitget, listed among under-farmed airdrop opportunities.
$500,000 rewards program active on Bantr_fun platform, currently in Month 2 with the program ending in a few days.
Former CEO officially departed in June after proposing resignation in February, with the team subsequently launching black/platinum card products starting mid-March. The project faces ongoing community concerns regarding card refunds, prompting the team to implement user compensation measures.
Market assessment categorizes the network as unstable compared to competitors including Hyperliquid and Plasma.
Strategic partnership established with Bitget exchange, introducing new burn mechanism tied directly to network activity.
L2 infrastructure audit exposes critical security vulnerabilities and red flags.
0G Labs partners with Kult Games, developer of viral blockchain games for multiple chains including Morph.
New Bantr campaign drives increased leaderboard activity and engagement.
BGB token integrates as native asset for gas and governance while maintaining exchange utilities like fee discounts and Launchpool access.
BGB becomes native token of blockchain with 220M tokens burned, 220M locked (2% monthly unlock), targeting 100M total supply.
zkEVM upgrade implements decentralized sequencers and AI payments functionality.
New product strategy unveils Rails and Pay platforms, expanding into payments, FX, and rewards through 2026.
New on-chain actions unlock $500k rewards through BulbaSwap trading, MEME minting, and domain registration, with additional Bantr airdrop farming opportunity.
$500k reward campaign launches with dual multiplier system based on personal usage and community engagement.
New $500k USD reward program launches via Bantr partnership, targeting top 200 users with additional allocations for Korean and Chinese markets.
New Clusters integration launches as official nameservice provider for consumer finance layer
Blockscout integration adds .mph domain functionality for streamlined cross-layer visibility.
New Mintify integration adds NFT launchpad, marketplace, and token swapping capabilities.
New integration with Apollo's ACRED fund offers 16% yields via leverage on Polygon platform, powered by RedStone oracle infrastructure.
Leadership transition complete with former YGG COO and Binance executive taking CEO position while previous CEO moves to advisory role.
Matrix Vault partnership introduces $140M liquidity cap with multi-asset yield opportunities across two deployment phases
Trading volume drops 75% while market cap remains under $500K, with minimal social activity.
New partnership provides access to 425K+ GPU containers across 95 global locations for AI applications development.
Trading volume crashes 78.97% amid social media silence and low liquidity of $27.41K, indicating elevated market risk.
Leading platform driving 146% stablecoin growth on Solana in Q1 2025.
Critical liquidity risk with only $29.12K in pool despite 263% volume increase.
Platform records substantial increase in stablecoin market cap during Q1 2025, leading growth among major chains.
Low liquidity ($32K) and volume (3.28K) present significant risk despite increased social attention.
Released black card. Community anticipating ecosystem airdrop and physical card benefits.
Mentioned at 2M market cap with parabolic price run.
Token identified as U1, mentioned in technical analysis context discussing accumulation zones.