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Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL


Source: Adobe / lumerb Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a 65-fold increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However...

Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked


Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...

Layer 1 Areon to Launch Mainnet on January 12


PRESS RELEASE. A highly anticipated layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem. The date also coincides with Areon’s self-designated birthday: the day when their token AREA was first listed in 2023 on BSC. What is Areon...

Vitalik Buterin’s Endorsement Leads to ENS Token Surge


The ENS token’s recent price surge is attributed to Vitalik Buterin’s public support, who stated the need for ENS to be available on all layer two networks. Vitalik Buterin’s Social Media Post Ignites ENS Token Rally The Ethereum Name Service (ENS) token experienced an unexpected...

Cardano Price Prediction as ADA Dumps 7.5% – Can ADA hit $1 in 2024?


Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled layer-1 Cardano blockchain protocol, dumped 7.5% on Wednesday. ADA/USD was last changing hands around $0.56 per token, having at one point traded as much as 16% lower on the day when it hot lows just above $0.50, near...

Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2


Source: Arbitrum Ethereum layer 2 network Arbitrum has recorded high transaction volumes at the start of the year as well as its total value locked (TVL) tapping $2.5 billion.  On-chain data shows the firm’s bullish performance in the last week of 2023 and the early days of 2024 with surging...

Study: Only 6% of Crypto Exchanges Integrated the Lightning Network


A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that just over 6% of centralized crypto exchanges have...

L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value


Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1 Billion Initially, on Nov. 22, 2023...

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