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Goldman Sachs Analysis: Ethereum’s Path to Scalability


Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...

Ethereum Layer-2 Scaling Solution Scroll Goes Live


Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps). According to the open letter by the L2 network blog on October 17, the launch of Scroll mainnet...

The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?


In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network

Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion


Today, the Arbitrum Foundation, an organization dedicated to supporting Arbitrum, an Ethereum Layer 2 network, announced a strategic partnership with protocol studio Fracton Ventures.  The collaboration seeks to establish Arbitrum's footprint in Japan, an outcome to be achieved through the launch...

Layer 2 Network Optimism Announces $26 Million Airdrop to 31,870 Wallets


Layer 2 network Optimism announced the third airdrop of OP tokens to 31,870 qualified addresses aimed at bolstering community participation.  In an announcement on X (formerly Twitter), the company stated that the airdrop will see it allocate 19.4 million OP tokens approximately $26 million...

Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury


The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March. The tokens worth $59 million make up 0.69% of Arbitrum’s 10 billion total supply and according to reports, 7% of total airdrops remained unclaimed.  In March...

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