Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity

Web3 infrastructure and digital credential network Galxe (GAL) said Wednesday that it is crafting its own layer-1 smart contract platform called Gravity and will migrate all its products to the new blockchain. The first version of the network, built on the Arbitrum Nitro tech stack, will start in June to test cross-chain settlements in a publicly transparent manner. The full-fledged Gravity Mainnet with native staking and restaking aims to go live in the second quarter of 2025. Gravity will be a proof-of-stake blockchain, simultaneously supporting restaking via EigenLayer and Babylon to leverage the Ethereum network's security. 

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