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Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
21.9.2021
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge
LINK price locks in 36% gains following Ethereum layer-2's Chainlink integration
6.9.2021
LINK price surged also in the wake of a market-wide bullish boom, wherein Bitcoin and its top rivaling altcoins jumped in tandem
1inch announces deployment to Optimism's layer-2 solution
17.8.2021
1inch indicated that its launch on the Optimistic Ethereum network will lead to faster confirmation times and lower fees
Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points
23.7.2021
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet
Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens
23.7.2021
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top...
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
12.7.2021
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3
El Salvador Will Be a Serious Test for Bitcoin's Layer-2 Networks
27.6.2021
A merchant in El Salvador’s El Zonte, or the Bitcoin Beach. Source: Twitter/@Bitcoinbeach
The adoption of legislation in El Salvador that could help foster the further development of bitcoin (BTC) as a store of value and medium of exchange in the country is one of the most important developments...
DeFi Projects Continue Flocking to Layer 2 Solution Polygon
15.6.2021
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects
Layer 2 network Arbitrum ships guarded launch, attracts major DeFi protocols
29.5.2021
The optimistic rollup network enjoyed had a popular, if rocky, beta launch
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
6.5.2021
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap
Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up
26.4.2021
Increasing volume and TVL on QuickSwap, along with steady growth in the number of projects joining Polygon have analysts suggesting that MATIC price is undervalued
Blockchain and Booze: The future of DeFi on Ethereum is now
12.4.2021
While the world waits for Ethereum 2.0, trailblazing developers are taking matters into their own hands with innovative solutions
xSigma Developments Continue Following Amazing First Month
1.4.2021
xSigma is a decentralized exchange for stablecoin swaps backed by a NASDAQ-listed corporation. In the first month since it was launched the DEX reached an impressive $112 million in total trading volume. xSigma developments continue with a Gas Cashback, a new roadmap, a staking pool being launched...
Nervos Network (CKB) gains 341% as DeFi and layer-2 development progress
1.4.2021
Nervos Network rallied 341% in a month as plans to launch a DeFi platform and new layer-2 offerings bear fruit
Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution
12.3.2021
As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months...
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
23.2.2021
Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network
Ethereum killers and layer-2 tokens rally despite 5% Bitcoin price drop
10.2.2021
Altcoins offering layer-2 solutions pushed higher while profit-taking resulted in Bitcoin price pulling back to the $45,000 level
Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes
9.2.2021
Polygon is building a Layer 2 aggregator for sidechains, rollups and even whole blockchains in a bid to fix Ethereum’s transaction limitations