TechFlow News - According to official updates, on June 29, the Polkadot ecosystem project Plasm Network announced its rebranding as Astar Network. Astar Network is a multi-chain dApp hub on Polkadot, supporting EVM, WebAssembly, and Layer2 solutions. Astar aims to possess all essential functionalities for Polkadot's smart contract ecosystem, among which X-VM (Cross Virtual Machine) and dApp Staking are considered particularly important.
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