BTCC / BTCC Square / Ethereum News /
Ethereum Layer-2 Innovation: Plume and Sony’s Soneium Unlock Cross-Chain RWA Yield Streaming

Ethereum Layer-2 Innovation: Plume and Sony’s Soneium Unlock Cross-Chain RWA Yield Streaming

Published:
2025-04-30 21:39:38
4
3
[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

In a groundbreaking collaboration, Plume, a blockchain platform specializing in Real World Asset (RWA) finance, has partnered with Soneium, an Ethereum Layer-2 network developed by Sony Block Solutions Labs. This alliance aims to leverage Plume’s SkyLink interoperability layer to facilitate cross-chain yield streaming from tokenized U.S. Treasuries, private credit, and other RWAs into the Soneium ecosystem. The integration marks a significant step forward in bridging traditional finance with decentralized networks, offering investors seamless access to real-world yields via blockchain technology. As of May 2025, this partnership underscores the growing momentum of Ethereum’s Layer-2 solutions in expanding the utility and adoption of RWAs in the crypto space.

Plume and Sony’s Soneium Partner to Onboard Real-World Asset Yields via Blockchain

Plume, a blockchain platform specializing in Real World Asset (RWA) finance, has forged a strategic alliance with Soneium, an Ethereum Layer-2 network developed by Sony Block Solutions Labs. The collaboration will integrate Plume’s SkyLink interoperability layer to enable cross-chain yield streaming from tokenized U.S. Treasuries, private credit, and other RWAs into the Soneium ecosystem.

The partnership grants Soneium’s 5.1 million users direct exposure to institutional-grade yield products without requiring them to exit their native environment. "At Plume, we’re committed to advancing RWA adoption," the team stated, underscoring the significance of bridging traditional finance with decentralized networks.

Ethereum Consolidates Below Key Resistance Amid Renewed Market Interest

Ethereum hovers NEAR $1,800, trapped between consolidation and potential recovery as traders await a decisive breakout. The asset has rebounded 13% this week with trading volumes surging 76%, signaling renewed speculative interest despite lingering caution.

Technical indicators paint a mixed picture: the long-term trend remains bullish while the medium-term outlook stays bearish below the $2,104 threshold. Momentum shows tentative signs of recovery, with derivatives markets reflecting equilibrium—open interest holds steady, funding rates tilt slightly positive, and liquidation risks remain contained.

ETH Price Narrative May Shift as Data Reveals Holder Dynamics

Ethereum’s price action closed the final week of April in a stalemate, with neither bulls nor bears gaining decisive ground. The sideways movement reflects cooling demand following its recent recovery—yet also underscores the market’s reluctance to commit to a downward trajectory.

IntoTheBlock data exposes a critical trend: 72% of circulating ETH was acquired within the past year, effectively providing exit liquidity for long-term holders who offloaded positions over the last five months. Nearly all buyers from this cohort currently sit at unrealized losses, casting a pall over short-term sentiment.

The market now watches for whether this accumulation phase lays groundwork for mid-term upside, or if weak hands will capitulate under prolonged pressure. Ethereum’s next narrative pivot hinges on whether these underwater holders become sellers—or patient believers in the network’s enduring value proposition.

FIFA Collect to Launch EVM-Compatible Blockchain Ahead of 2026 World Cup

FIFA Collect is transitioning to its own Ethereum Virtual Machine (EVM)-compatible blockchain by May 20, 2025, marking the organization’s first direct foray into blockchain technology. The upgrade promises enhanced performance, scalability, and user experience for digital collectibles.

Users holding exported collectibles must re-import them before the migration. Post-migration, only EVM-compatible wallets like MetaMask will be supported, signaling a strategic shift toward broader crypto interoperability.

FIFA is also exploring a native token launch ahead of the 2026 World Cup, underscoring its ambition to deepen engagement in digital finance. The move aligns with growing institutional adoption of blockchain for fan engagement and asset tokenization.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users