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Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report
20.8.2023
Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.
Arbitrum, an Ethereum rollup hosting asset...
Shiba Inu Developers Launch Shibarium, Ushering In New Era of Growth for SHIB Ecosystem
16.8.2023
Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry’s largest decentralized communities.
The launch announcement was made at the Blockchain Futurist Conference/ETH...
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
16.8.2023
The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender
Is Bitrock Price Going To Zero? Down 80%, New ERC-20 Token Launches This Week
8.8.2023
After a stratospheric run-in mid-July that saw the Bitrock (BITROCK) nearly 8000x from its decentralized exchange (DEX) launch price of $0.000037 to reach highs of around $0.30 per token, the token has come under massive sell pressure.
BITROCK was last trading slightly below $0.06, more than...
Google Cloud Partners with Celo Network as Validator, Facilitating Ethereum Layer 2 Migration
3.8.2023
Google Cloud has partnered with the Ethereum Virtual Machine (EVM)-compatible blockchain network Celo (CELO), and is already running a Celo network validator, according to an announcement.
The initiative builds on a collaboration between the two sides that was originally announced in April, when...
Celo Proposal to Migrate to Ethereum Layer 2 Passes
31.7.2023
The change seeks to simplify liquidity sharing between Celo and Ethereum while boosting security
Celo Proposes to Ditch Own Standalone Blockchain for Layer-2 Network on Ethereum
17.7.2023
The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility
Celo, backed by A16z, proposes a transition to Ethereum Layer 2
17.7.2023
cLabs, the core developer of the Celo blockchain, has unveiled a bold plan to transform its Layer 1 network into a Layer 2 solution built on Ethereum. This strategic move aims to enhance security guarantees and improve the overall functionality of the platform. The proposal, shared on...
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum 'Universal Settlement Layer'
13.7.2023
With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one
Coinbase’s Ethereum Layer-2 Network, Base, Nears Mainnet Launch
30.6.2023
Coinbase’s layer 2 blockchain, Base, is preparing its mainnet launch after completing a series of security audits.
Base aims to attract as much as one million new crypto users in the next few years, Coinbase said in a press release.
Built on the OP stack in partnership with Optimism, Base’s...
Ethereum’s Layer 2 Teams Want You to Clone Their Code
28.6.2023
By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
26.6.2023
The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
21.6.2023
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon
Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M
19.6.2023
The total value locked has increased by 12% in one week, according to data source L2Beat
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
14.6.2023
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem
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
Aave V3 launches on Ethereum layer-2 network Metis
8.5.2023
Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis
Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network
8.5.2023
The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say
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...
More TPS, less gas: Ethereum layer 2 Starknet outlines performance upgrades
1.5.2023
Starknet makes performance improvements top priority in 2023, aiming to increase throughput, lower latency and reduce transaction costs