The March Ethereum Dencun upgrade led to a sharp surge in L2 transaction activity, which triggered a significant increase in transaction failures from addresses driven by bot usage. For instance,…
Browsing: Ethereum Layer 2
The Ethereum Layer-2 network Base has surged to over $8 billion in TVL, surpassing Optimism’s OP Mainnet and becoming the second-largest Ethereum Layer-2 network. Despite a 58.6% decline in on-chain…
Arbitrum is in the lead as a major L2 in terms of transaction boom. The price of ARB is up today as investors are optimistic about its future prospects. Arbitrum…
Ethereum’s Layer 2 scaling solutions could hit a $1 trillion market cap in six years, tackling Ethereum’s data processing limits. While L2 networks promise big revenues and better user experience,…
A recent report highlights the growth of layer-2 networks to improve Bitcoin’s scalability and functionality, addressing its congestion issues. The report compares Bitcoin’s evolving architecture to Ethereum’s, emphasizing new developments…
Base, a layer-2 scaling solution for Ethereum, has generated over $10 million in revenue since its launch in August 2023. The platform averages over 1 million monthly active users, indicating…
A Blur NFT marketplace-backed L2 Blast has launched with significant embrace. With $30 million in locked funds, users anticipate the revolutionary future Blast currently heralds. Blast, an Ethereum (ETH) Layer…
Ethereum’s layer-two networks, Base and zkSync Era, now process transactions faster than the Ethereum mainnet. Layer-two solutions are growing at an impressive rate, highlighting the need for faster and more…
Base set a record with 1.88 million transactions on September 14, surpassing competitors. Base’s ecosystem is flourishing with various decentralized protocols, the flagship social app, and Friend.Tech. Coinbase’s Layer 2…
The creation of the Friend.tech Web 3 platform has done little to nothing to harm the Ethereum network, despite rising fears from market participants. With the introduction of Base, Ethereum’s…
Michael Egorov raised $42.4 million through Over The Counter (OTC) or handshake deals. Amidst Curve Finance’s exploit and Michael Egorov’s actions to tackle CRV token liquidity concerns, JP Morgan’s analysts…
The Ethereum co-founder briefed of the essential steps for heading towards the complete launch of Ethereum 2.0. Buterin talked about the importance of improving decentralization without compromising on network security.…