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Dora Noda

Dora Noda

Software Engineer

2339 posts · View all authors

RWA Tokenization Hits $19.3 Billion: The Quarter Real-World Assets Crossed the Institutional Threshold
·Dora Noda·9 min

RWA Tokenization Hits $19.3 Billion: The Quarter Real-World Assets Crossed the Institutional Threshold

The tokenized real-world asset market surpassed $19.3 billion in Q1 2026, a 256.7% jump from 2025, as BlackRock BUIDL, Franklin Templeton BENJI, and Ondo Finance OUSG drove institutional adoption from pilot programs to core portfolio allocations across nine blockchain networks.

RWA
tokenization
institutional-investment
BlackRock
+1
SOON SVM L2: Can Solana's Virtual Machine Power a Universal Superchain?
·Dora Noda·9 min

SOON SVM L2: Can Solana's Virtual Machine Power a Universal Superchain?

SOON is exporting Solana's high-performance execution engine to Ethereum, BNB Chain, and beyond via a Decoupled SVM architecture. This analysis breaks down how it compares to Eclipse, whether the EVM's multi-chain network effect can repeat for SVM, and what the token data actually says about adoption.

Solana
layer-2
RaaS
scalability
+1
Sui's Post-Quantum Leap: Stateless Signatures Signal a New Cryptographic Arms Race
·Dora Noda·9 min

Sui's Post-Quantum Leap: Stateless Signatures Signal a New Cryptographic Arms Race

Sui runs post-quantum stateless signatures on testnet while Solana ships Falcon-512 verification — a comparative look at how non-EVM L1s are leading the blockchain quantum-resistance race before 2029's projected Q-Day.

Sui
Solana
cryptography
security
+1
Visa Goes Nine-Chain: Inside the $7B Stablecoin Settlement Expansion
·Dora Noda·7 min

Visa Goes Nine-Chain: Inside the $7B Stablecoin Settlement Expansion

Visa expanded its stablecoin settlement program to nine blockchains — adding Arc, Base, Canton, Polygon, and Tempo — as its annualized run rate hit $7 billion, up 50% in one quarter. What the multi-chain architecture means for Web3 builders, DeFi protocols, and the institutional payments race.

stablecoins
payments
Polygon
TradFi
+1
ZKsync's Institutional Bet: How Five Regional Banks With $600B in Deposits Are Going On-Chain
·Dora Noda·9 min

ZKsync's Institutional Bet: How Five Regional Banks With $600B in Deposits Are Going On-Chain

ZKsync is abandoning the consumer DeFi speed race in favor of regulated financial infrastructure. Five U.S. regional banks with $600 billion in deposits have chosen ZKsync's Prividium privacy rollup to build the Cari Network, a tokenized deposit platform targeting customer launch in Q4 2026.

layer-2
zkp
privacy
tokenization
+1
The Stablecoin Land Grab: How the GENIUS Act Blew Open a $320B Market
·Dora Noda·9 min

The Stablecoin Land Grab: How the GENIUS Act Blew Open a $320B Market

The GENIUS Act created the first federal pathway for banks to issue stablecoins, and now JPMorgan, Ripple, MetaMask, SoFi, and a 20-firm pipeline through Anchorage are racing to fragment the $322B market that Tether and Circle built.

stablecoins
GENIUS Act
regulation
TradFi
+1
The $1.5 Billion Wake-Up Call: How Supply Chain Attacks Became Web3's Deadliest Threat in 2025
·Dora Noda·10 min

The $1.5 Billion Wake-Up Call: How Supply Chain Attacks Became Web3's Deadliest Threat in 2025

In 2025, software supply chain attacks claimed $1.45 billion from just two incidents — more than any other Web3 attack vector. From the Bybit heist to 454,000 malicious npm packages, here's what changed, why smart contract audits missed it all, and what the industry must do before the next billion-dollar breach.

security
cybersecurity
Web3
infrastructure
+1
Web3's Privacy Architecture War: ZK, FHE, and TEE in 2026
·Dora Noda·11 min

Web3's Privacy Architecture War: ZK, FHE, and TEE in 2026

ZK, FHE, and TEE are no longer competing paradigms — they're converging into hybrid architectures. The TEE.fail crisis, Zama's unicorn valuation, and institutional regulatory demands reshaped Web3 privacy infrastructure in 2025–2026.

privacy
zkp
FHE
TEE
+1
DeFi's Quiet Triumph: How $15.7B in Liquidations Proved the Protocols Actually Work
·Dora Noda·9 min

DeFi's Quiet Triumph: How $15.7B in Liquidations Proved the Protocols Actually Work

Q1 2026's $15.7 billion liquidation cascade — triggered by Bitcoin's 43% drawdown and 46 straight days of extreme fear — ended without a single major DeFi lending protocol becoming insolvent. Here's why the architecture held, what still broke, and what it means for institutional crypto adoption.

DeFi
institutional-investment
security
market crash
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