PANews reported on August 12, according to Foresight News, Cecilia Hsueh, the founder and CEO of Ethereum Layer2 project Morph, stated that in Morph's roadmap, Morph is currently in the testnet phase. The testnet has accumulated 26 million transactions and 1.5 million wallet addresses. The Morph mainnet and Morph staking will go live in the third quarter of 2024 (possibly next month), and the mainnet will be updated to support account abstraction and Layer3 in the fourth quarter.
Previously on March 20th news, Morph completed a $19 million seed round financing led by DragonFly Capital.