What is MYRIA: A Comprehensive Guide to the Next-Generation Layer 2 Scaling Solution

2025-12-24 21:42:51
Ethereum
GameFi
Gaming
Layer 2
Zero-Knowledge Proof
Article Rating : 3.5
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The article explores Myria, an Ethereum Layer 2 scaling solution that enhances blockchain gaming and NFT projects by addressing high transaction costs, slow confirmations, and user experience issues. Developed with StarkWare, it uses ZK-Rollup technology to support up to 9,000 transactions per block, offering security, decentralization, and gas-free transactions. Suitable for developers and investors interested in gaming infrastructure, the article details Myria's technological achievements, market performance, and investment considerations. It is structured with sections on Myria's origins, functionality, market metrics, and access via Gate.
What is MYRIA: A Comprehensive Guide to the Next-Generation Layer 2 Scaling Solution

Myria (MYRIA) Research Report

Myria's Positioning and Significance

Myria (MYRIA) is an Ethereum Layer 2 expansion solution specifically designed for gaming. It addresses the critical pain points in blockchain gaming, including high transaction costs, slow confirmation times, and poor user experience caused by network congestion.

As a gaming-focused Layer 2 scaling solution, Myria plays a pivotal role in enabling the deployment of blockchain games and NFT development with enhanced performance and reduced friction. The project leverages zero-knowledge rollup technology to deliver scalability without compromising security or decentralization.

As of December 2025, Myria has established itself as a specialized gaming infrastructure asset, with a market capitalization of approximately $2.6 million and a circulating supply of 28.3 billion tokens. The project maintains an active developer community focused on advancing blockchain gaming adoption.


Origins and Development History

Foundational Context

Myria was developed in collaboration with StarkWare, a leading zero-knowledge technology provider. The project was created to solve the fundamental scalability challenges that have hindered blockchain gaming adoption, particularly the prohibitive gas fees and transaction latency that make on-chain gaming economically unviable for most applications.

The project emerged during the period of increasing interest in blockchain gaming and NFTs, aiming to provide instant transaction confirmation and eliminate gas fees—essential requirements for delivering a seamless gaming experience comparable to traditional online games.

Key Technological Achievements

  • Layer 2 Architecture: Implemented StarkWare's STARK validator technology with ZK-Rollup consensus mechanism, bundling numerous transfers into a single transaction for settlement efficiency.

  • Transaction Throughput: Achieved support for up to 9,000 transactions per block, significantly improving network capacity for gaming applications.

  • Fee Elimination: Enabled gas-free transactions through optimized Layer 2 design, removing a major barrier to user adoption.

  • Asset Security: Integrated cryptographic safeguards to ensure user funds remain protected while benefiting from Layer 2 scalability.


How Myria Works?

Layer 2 Scaling Architecture

Myria operates as a Layer 2 solution built atop Ethereum, inheriting the security guarantees of the Ethereum mainnet while providing substantially improved throughput and reduced latency. Transactions on Myria are processed off-chain with periodic settlement on Ethereum, dramatically reducing computational load and gas expenses.

Zero-Knowledge Rollup Technology

Myria's core innovation involves the ZK-Rollup mechanism, which bundles multiple user transactions into a single compressed proof verified on-chain. This approach achieves two critical objectives:

  • Scalability: Supports up to 9,000 transactions per block, enabling high-frequency gaming interactions.
  • Security: Maintains cryptographic validity of all transactions through zero-knowledge proofs without requiring continuous on-chain verification.

Transaction Finality and User Experience

Transactions on Myria achieve instant confirmation at the Layer 2 level, providing immediate feedback to users and enabling responsive gaming experiences. The elimination of gas fees removes a significant friction point, allowing micropayments and frequent interactions economically feasible for game developers and players.

Cryptographic Security

Myria employs standard elliptic curve cryptography for user authentication:

  • Private Keys: Cryptographic credentials granting exclusive control over user assets and transaction authorization.
  • Public Keys: Derived identifiers enabling asset reception and transaction verification without revealing private credentials.

This mechanism ensures that only asset owners can execute transactions while maintaining the public verifiability essential for blockchain transparency.


Market Performance and Metrics

Price and Valuation Data (as of December 25, 2025)

Metric Value
Current Price $0.00009197
24-Hour Change +2.18%
7-Day Change +11.3%
30-Day Change -38.19%
1-Year Change -96.21%
All-Time High $0.018239 (December 14, 2023)
All-Time Low $0.00006611 (December 22, 2025)

Supply and Market Capitalization

  • Circulating Supply: 28.293 billion MYRIA
  • Total Supply: 50 billion MYRIA
  • Max Supply: 50 billion MYRIA
  • Market Capitalization: $2.602 million
  • Fully Diluted Valuation: $4.598 million
  • Circulating to Max Supply Ratio: 56.59%

Liquidity Metrics

  • 24-Hour Trading Volume: $90,670.33
  • Market Rank: #1,963 by market capitalization
  • Active Holder Count: 35,975 addresses
  • Trading Pairs: Available on 6 exchange platforms

Investment Considerations

Strengths

  • Specialized Focus: Purpose-built Layer 2 solution specifically optimized for gaming and NFT applications.
  • Technical Innovation: Incorporates cutting-edge zero-knowledge proof technology developed with StarkWare.
  • Performance Metrics: Supports significant transaction throughput (9,000 TPS) with minimal latency.
  • Economic Model: Gas-free transactions reduce barrier to entry for game developers and players.

Risk Factors

  • Market Volatility: The token has experienced significant price depreciation (96.21% decline over one year), indicating substantial market uncertainty.
  • Liquidity Constraints: Relatively low 24-hour trading volume ($90,670) suggests limited market depth.
  • Early-Stage Adoption: Gaming on blockchain remains in nascent phases with unclear mainstream adoption trajectory.
  • Competitive Landscape: Multiple Layer 2 solutions target gaming, creating competitive pressure.

Accessing and Trading MYRIA

MYRIA is accessible through major cryptocurrency platforms including Gate.com, where trading pairs and market data are available for users interested in exposure to gaming-focused Layer 2 infrastructure.

Users can access the official Myria website at https://myria.com/ for technical documentation, or verify token information on Etherscan at the contract address 0xA0Ef786Bf476fE0810408CaBA05E536aC800ff86.


Conclusion

Myria represents a focused attempt to address the specific technical challenges blocking mainstream blockchain gaming adoption. Through its partnership with StarkWare and implementation of advanced zero-knowledge rollup technology, the project offers a theoretically sound infrastructure layer for gaming applications.

However, the token's significant price depreciation and modest liquidity indicate that market confidence in near-term execution remains limited. Success will depend on achieving meaningful developer and user adoption within the gaming vertical, and demonstrating that economic models can sustain long-term value for token holders.

Investors should conduct thorough due diligence and consider Myria's specialized focus and current market metrics when evaluating investment decisions.

Myria Market Performance Report

Myria's Market Performance

Circulation Overview

As of December 25, 2025, Myria's circulating supply stands at 28,293,011,843 MYRIA tokens, with a total supply of 50,000,000,000 MYRIA tokens. The circulating supply represents approximately 56.59% of the total supply, indicating a fixed supply model with no inflation mechanism. The remaining tokens are gradually entering the market through the project's tokenomics allocation.

Price Volatility

Myria reached its all-time high of $0.018239 on December 14, 2023, driven by market optimism and increased adoption of Ethereum Layer 2 gaming solutions. Conversely, the token touched its all-time low of $0.00006611 on December 22, 2025, reflecting significant market downturns and reduced investor sentiment.

As of the latest update on December 25, 2025, MYRIA is trading at $0.00009197, with the following recent price movements:

  • 1-hour change: -0.77%
  • 24-hour change: +2.18%
  • 7-day change: +11.3%
  • 30-day change: -38.19%
  • 1-year change: -96.21%

These fluctuations demonstrate substantial volatility, reflecting the dynamic nature of emerging Layer 2 gaming solutions and broader market cycles affecting altcoins.

View current MYRIA market price

Market Capitalization and Trading Activity

  • Market Capitalization: $2,602,108.30 USD
  • Fully Diluted Valuation (FDV): $4,598,500.00 USD
  • 24-hour Trading Volume: $90,670.33 USD
  • Market Dominance: 0.00014%
  • Active Holders: 35,975

The 24-hour trading volume of $90,670.33 indicates moderate market activity for this Layer 2 gaming token. With 35,975 active holders, the token maintains a distributed user base primarily interested in gaming and NFT applications on the Myria network.


Project Overview

Myria is an Ethereum Layer 2 scaling solution specifically engineered for blockchain gaming and NFT development. The protocol collaborates with StarkWare to provide enhanced performance characteristics essential for gaming applications.

Core Features

Technology Infrastructure:

  • Utilizes StarkWare's STARK proof technology with ZK-Rollup architecture
  • Bundles multiple transactions into single on-chain submissions
  • Supports up to 9,000 transactions per block
  • Instant transaction confirmation
  • Zero gas fees for users
  • Enhanced asset security guarantees

Use Cases:

  • Blockchain game deployment
  • NFT development and minting
  • High-frequency gaming transactions
  • Cross-asset transfers within the gaming ecosystem

Token Utility

MYRIA serves as the functional token of the Myria network, enabling transactions, governance, and participation within the ecosystem.


Network Information

Myria (MYRIA) - Comprehensive Research Report

Overview

Myria is an Ethereum Layer 2 expansion solution specifically designed for gaming and blockchain applications. Built in collaboration with StarkWare, Myria leverages zero-knowledge rollup (ZK-Rollup) technology to enable scalable, cost-efficient blockchain transactions while maintaining security and decentralization.

Key Metrics (As of December 25, 2025)

Metric Value
Current Price $0.00009197
Market Capitalization $2,602,108.30
Fully Diluted Valuation $4,598,500.00
Circulating Supply 28,293,011,843 MYRIA
Total Supply 50,000,000,000 MYRIA
24-Hour Volume $90,670.33
Market Ranking #1963
All-Time High $0.018239 (December 14, 2023)
All-Time Low $0.00006611 (December 22, 2025)

Price Performance

Time Period Change
1 Hour -0.77%
24 Hours +2.18%
7 Days +11.3%
30 Days -38.19%
1 Year -96.21%

Technology Architecture

Core Technical Features

Myria's infrastructure is built on advanced blockchain scaling solutions:

  • ZK-Rollup Technology: Myria utilizes StarkWare's STARK validator to bundle multiple transfers into a single transaction, significantly reducing on-chain data and computational requirements.

  • Transaction Capacity: The network supports up to 9,000 transactions per block, dramatically increasing throughput compared to traditional Ethereum mainnet.

  • Instant Confirmation: Users experience immediate transaction finality without waiting for multiple block confirmations.

  • Zero Gas Fees: Transactions on Myria eliminate the need for users to pay gas fees, reducing barriers to entry and improving user experience.

  • Asset Security: The protocol implements robust security measures to ensure user assets remain protected throughout transactions.

Smart Contract Deployment

Myria operates on the Ethereum blockchain as a Layer 2 solution:

  • Contract Address: 0xA0Ef786Bf476fE0810408CaBA05E536aC800ff86 (Ethereum)
  • Chain: Ethereum (ETH)
  • Blockchain Explorer: View on Etherscan

Ecosystem Applications

Gaming & GameFi

Myria's primary use case centers on blockchain gaming:

  • Game Deployment: The platform enables developers to deploy blockchain games with scalable infrastructure, eliminating transaction congestion and high gas costs that plague mainnet gaming applications.

  • NFT Development: Myria supports the creation and trading of non-fungible tokens with minimal transaction costs, making it viable for gaming collectibles and in-game assets.

  • Low-Friction User Experience: By eliminating gas fees and providing instant confirmations, Myria creates a seamless gaming experience comparable to traditional Web2 applications.

Token Functionality

MYRIA serves as the native utility token of the Myria chain, supporting:

  • Network operations and transaction processing
  • Governance participation within the ecosystem
  • Incentive mechanisms for ecosystem participants

Market Sentiment & Community Activity

Holder Distribution

Myria maintains an active community with 35,975 token holders, demonstrating sustained interest in the project despite recent market volatility.

Exchange Availability

MYRIA is listed on 6 exchanges, with Gate.com being a primary trading venue for the token, ensuring liquidity and accessibility for traders.

Challenges & Considerations

Myria faces several significant headwinds that merit attention:

  • Severe Price Decline: The token has experienced a devastating 96.21% decline over the past year, with recent lows suggesting extreme market pessimism about the project's value proposition.

  • Limited Adoption: Despite technical innovations, the ecosystem appears to have faced challenges in attracting substantial DApp development and user adoption compared to competing Layer 2 solutions.

  • Competitive Pressure: Myria competes against established Layer 2 platforms with greater developer communities, network effects, and ecosystem maturity, such as Arbitrum, Optimism, and others on Ethereum, as well as alternative blockchains like Solana and Polygon.

  • Market Perception: The 99.5% decline from all-time high suggests the market has significantly reassessed the project's growth potential and utility within the broader Web3 gaming ecosystem.

Information Resources

Official Channels

How to Participate in Myria

Acquisition Methods

  1. Trading: Purchase MYRIA tokens on Gate.com and other listed exchanges using fiat or cryptocurrency.

  2. Storage & Security: Hold your tokens in secure wallets with private key management to maintain full custody of your assets.

  3. Community Engagement: Follow official channels and participate in community discussions to stay updated on project developments.

  4. Development: For developers interested in building on Myria, visit the official website to access technical documentation and developer resources.

Summary

Myria represents an ambitious attempt to address gaming scalability on Ethereum through Layer 2 technology and zero-knowledge proofs. The project's collaboration with StarkWare and focus on eliminating transaction costs and delays present sound technical principles for addressing blockchain gaming's scalability challenges.

However, the token's severe market depreciation and apparent challenges in ecosystem adoption warrant caution. Potential participants should:

  • Conduct thorough due diligence on project fundamentals beyond tokenomics
  • Assess the competitive landscape and Myria's differentiation versus other gaming Layer 2 solutions
  • Consider the project's current development velocity and partnership pipeline
  • Evaluate risk tolerance given the significant historical volatility

While Myria's technology framework addresses real problems in blockchain gaming, investors and users should carefully weigh current market valuations, adoption metrics, and competitive positioning before participation.


Last Updated: December 25, 2025

FAQ

What does myria do?

Myria is an Ethereum-based Layer 2 blockchain ecosystem designed for Web3 gaming and NFTs. It provides zero-gas transactions, enabling scalable and cost-efficient decentralized applications with enhanced performance.

What does myria coin do?

Myria (MYRIA) is an Ethereum-based Layer 2 blockchain designed for scaling gaming and NFTs with zero-gas transactions. It enables fast, cost-efficient Web3 applications while maintaining security and decentralization.

How secure is the Myria network?

Myria network is highly secure, built on Ethereum with more validators than any other L1 blockchain. It employs advanced consensus mechanisms and robust security protocols to ensure integrity and protection against attacks.

What network is Myria on?

Myria is deployed on the Aurora network, which is a scaling solution built on NEAR Protocol. The MYRIA token operates on Aurora blockchain.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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