Sony Stock Price Rallies As Soneium Ethereum Layer 2 Testnet Goes Live

Quick Summary:

Sony Group blockchain subsidiary has initiated the testnet phase for its Ethereum Layer-2 solution, Soneium, marking a pivotal step in blockchain adoption.

The “Minato” testnet, introduced through a partnership between Sony and Web3 infrastructure provider Startale, aims to provide a robust platform for developers to test and deploy high-volume applications.

Following the announcement, Sony stock price rose significantly, climbing by 3.51%.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaCuba

Topics: 24/7 Cryptocurrency News Blockchain News Sony Group Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 14:27:07 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 36 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22291425

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 27 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions