Key developments include Tron cutting fees, Pudgy Penguins entering Web3 gaming, and Aave launching a platform targeting institutional investors, while Sandbox faces layoffs.
Tron has cut its transaction fees, while Pudgy Penguins launched its Web3 mobile game. Aave has officially rolled out Horizon, a platform aimed at institutional investors. Meanwhile, the founder of Sandbox stepped down, and the company laid off over 50% of its staff. These moves reflect a shift in the industry towards Web3 and institutional adoption, with significant staffing changes at prominent companies.