Ethereum Ecosystem Delivers Multiple Upgrades in June: Ronin Migrates to L2, Base Launches Azul at 5000 TPS

According to Odaily, Ethereum ecosystem completed multiple launches and upgrades across five domains in June. On the scaling front, Ronin Network finished its migration to Ethereum L2; Arbitrum Foundation announced LG Electronics blockchain team is piloting on-chain advertising on its network; Base launched its first independent upgrade "Azul," achieving approximately 5000 TPS with execution and consensus improvements.

In payments and finance, Mastercard expanded stablecoin settlement support for USDC and PYUSD across Ethereum mainnet and L2 networks; Cash App launched USDC functionality, enabling approximately 60 million users to transact on-chain; JPMorgan Chase launched its second tokenized money market fund on Ethereum.