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STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
22.2.2024
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20.
The post STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High appeared first on Cryptonews
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
Polymer Labs Secures $23 Million to Build Ethereum’s ‘Interoperability Hub’
25.1.2024
Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution....
Ethereum’s Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups
18.1.2024
The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain. Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay...
Manta Pacific Flips Base as Fourth Largest Layer 2 Solution as TVL Surges to $845 Million
16.1.2024
Manta Pacific has moved past Base to become the fourth largest layer 2 scaling solution in the market. The total value locked (TVL) of the network soared past $840 million. Recent data from L2Beat show that Base, an Ethereum layer 2 solution backed by Coinbase, has lost its spot as the fourth...
Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL
12.1.2024
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
10.1.2024
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...
Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2
3.1.2024
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...
Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy
18.12.2023
Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...
Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
18.12.2023
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis' decentralized sequencer will go live
Arbitrum Price Prediction as Network Hit By Partial Outage Amid Traffic Surge – Where Next for ARB?
15.12.2023
ARB, the governance token for the Ethereum layer-2 scaling blockchain Arbitrum, is close to 5% lower on Friday, though is holding above its 21DMA at $1.10 despite news of a partial network outage. The blockchain’s official X account tweeted that its sequencer staled at 10:29 ET due to...
Vitalik Buterin Proposes Enshrined ZK-EVM for Enhanced Ethereum Main Chain Efficiency
14.12.2023
Source: ShutterStock Vitalik Buterin, Ethereum’s co-founder, has introduced a conceptual architecture called the enshrined Zero-Knowledge Ethereum Virtual Machine (ZK-EVM) to enhance the main chain’s efficiency. According to Buterin’s latest blog, this proposal of the enshrined...
Pudgy Penguins Unveils Web3 Game ‘Pudgy World’ Powered by zkSync Era
11.12.2023
Source: pudgypenguins / Twitter Popular NFT project Pudgy Penguins has revealed the upcoming alpha launch of Pudgy World – a Web3 game based on the Ethereum Layer 2 network zkSync Era. According to the press release, the alpha will launch in Q1 of 2024. With it, Pudgy Penguins moves beyond...
Mantle Launches Non-Custodial Liquid Staking Protocol on Ethereum
4.12.2023
Source: Adobe Ethereum layer-2 project Mantle has announced the launch of its new liquid-staking protocol, Mantle LSP. In a Monday post on X (formerly Twitter), the proejct said Mantle LSP will allow users to deposit ETH and participate in network staking through validator nodes. ???? Interact with...
New Ethereum Layer-2 Blast Closes in on Solana After Reaching $600 Million TVL in 10 Days
30.11.2023
Source: Screenshot from Blast.io The total value locked (TVL) on the newly launched Ethereum-based layer 2 network Blast has already closed in on Solana’s TVL after being live for just 10 days. Judging from data from Defi Llama, Blast currently boasts an impressive TVL of $621.6 million, just below...
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
30.11.2023
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry
L2 Protocol Blast Secures $230M TVL in 48hrs as Yield Concerns Arise
24.11.2023
Source: Blast Blast, a new Ethereum Layer 2 network, has achieved an impressive Total Value Locked (TVL) of over $230 million within 48 hours of its unveiling. However, there’s a unique twist – the network does not exist yet. Blast has reached $230 Million in TVL within 48 hours. 37,131...
Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
23.11.2023
Blast, a layer-2 blockchain that will go live in March, has garnered more than $225 million in staked assets since Monday, but many crypto investors remain skeptical
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
21.11.2023
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February