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Nalezeno "Layer 2 scaling": 49

Is ImmutableX Going to Zero? IMX Price Drops Suddenly as Rising Crypto Gem Secures $1.3 Million

7.11.2023
Leading layer-2 scaling solution ImmutableX (IMX) has entered major retracement, as IMX price drops suddenly following a skyrocketing price move yesterday, but with panicked IMX holders asking ‘Is ImmutableX Going to Zero?’ – could this emerging crypto gem offer better returns?...

Ethereum Layer-2 Scaling Solution Scroll Goes Live

17.10.2023
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...

Circle Begins Native Minting of USDC Stablecoin on Layer-2 Scaling Solution Polygon

10.10.2023
Circle, the stablecoin issuer, has announced its plans to begin minting USD Coin (USDC) directly on the Polygon network. According to a press release issued on Tuesday, USDC is now accessible to users and developers on the Ethereum layer-2 scaling solution. This ends the bridged USDC from...

Ethereum Layer 2 Activity Near All-Time High: L2s Become the New Norm

7.9.2023
Ethereum (ETH) has become the primary hub for the booming decentralized finance (DeFi) sector, hosting thousands of blockchain projects and decentralized apps (dApps). These applications leverage the Ethereum blockchain to provide a wide range of services, including but not limited to finance...

Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum

1.9.2023
Polygon’s Chain Development Kit allows developers to freely build, customize and deploy layer 2 chains connected to the wider Ethereum ecosystem

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

22.8.2023
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month

Base Opens Ethereum Bridge, Mainnet to Launch August 9

5.8.2023
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...

Binance Successfully Integrates Bitcoin Lightning Network for Faster and Cheaper Transactions

17.7.2023
Crypto exchange giant Binance has completed the integration of the Bitcoin Lightning Network, enabling its users to deposit and withdraw the world's number one crypto through this popular Layer 2 (L2). Bitcoin Lightning Network is a second-layer solution that addresses scalability issues. It uses...

Is It Too Late to Buy Polygon? MATIC Price Rallies Up 5% in 24 Hours as Green Crypto Chimpzee Sails Past $800,000 Milestone

11.7.2023
The price of MATIC, the native token of Ethereum’s largest layer-2 scaling protocol by market capitalization Polygon, is up over 5% in the last 24 hours, as per CoinGecko. MATIC was last trading just above $0.74 and to the north of its 50-Day Moving Average (DMA) for the first since April, as...

Binance's BNB Chain introduces layer-2 testnet powered by Optimism

20.6.2023
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network

Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise

15.6.2023
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market. As of June 14, 2023, the company has introduced its 'Send Globally' service to the third largest country in Latin America....

Germany's Deutsche Telekom plugs in as Polygon validator

1.6.2023
The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon

Optimism's major mainnet upgrade to Bedrock set for June 6

16.5.2023
The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up

Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is It Time to Buy?

11.5.2023
Cardano (ADA) continues to hold above its 200-Day Moving Average just above $0.3500, but sell pressure appears to be building. Nonetheless, price forecasts are becoming more downbeat.... Read More: Cardano Price Forecast: Hydra Scaling Solution Gains Attention Amid Ethereum Gas Fee Surge – Is...

Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade

1.5.2023
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights...