Layer 2 News
Latest Layer 2 News
Botanix Labs, a decentralized layer 2 platform purpose-built for Bitcoin-native decentralized finance, has announced that the final testnet of its solution is live. The testnet goes live with the rollout of the Aragog Testnet, the latest testnet version of the…
BTC
Bitcoin
Solana price has fallen for two consecutive days, dropping 7.8% from its highest level this week. Solana (SOL), the fourth-largest cryptocurrency, fell to $207 on Nov. 13, down from this week’s high of $225. Its retreat mirrored that of Bitcoin…
Spark has tapped layer-2 chain Fuel Network technology to introduce a fully on-chain orderbook for Ethereum.
ETH
Ethereum
Animoca Brands subsidiary Gravitaslabs has partnered with Ethereum layer 2 blockchain LightLink to bring new gamified and gasless engagement solutions to brands worldwide. According to a press release shared with crypto.news, the partnership will allow Gravitaslabs to offer a secure,…
BTC
Bitcoin
Stacks, a Bitcoin layer-2 solution, is currently garnering attention as its latest developments hint at substantial long-term growth potential. Following the recent Nakamoto upgrade on Oct. 29, 2024, which promises faster transactions and greater scalability for Stacks (STX), the network…
The first public testnet for =nil; protocol, an Ethereum layer-2 that uses zero-knowledge sharding, is now live. =nil; Foundation announced the testnet v1 on Oct. 30, noting the launch as another milestone as the Ethereum (ETH) L2 protocol moves closer…
ETH
Ethereum
Nansen announced a strategic partnership with Scroll, an advanced Layer 2 solution designed to enhance the Ethereum blockchain’s speed and cost-efficiency. This collaboration aims to bring Nansen’s analytics and on-chain insights to the Scroll ecosystem, supporting the growth of decentralized…
Chromia has partnered with Mantle-based Chasm Network to enhance decentralized artificial intelligence transparency by utilizing its blockchain for data management. Chromia, a layer-1 blockchain platform, has announced a technical partnership with Chasm Network to enhance the transparency and accountability of…
A blockchain contains three main tiers: keeping safety as the top priority, making sure everything works all the time, and letting everyone participate in how a blockchain works. However, when many people use a blockchain at the same time, it…
SingularityDAO has joined forces with Cogito Finance and SelfKey to create a new EVM layer-2 platform aimed at tokenizing real-world assets for decentralized finance. Decentralized autonomous organization SingularityDAO (SDAO) is merging with Cogito Finance and SelfKey to create a unified…
Will fragmentation tear Ethereum’s booming ecosystem apart? Vitalik Buterin urges “alignment,” but is it too late? Experts share their insights. Buterin suggests ‘alignment’ Over the past few years, Ethereum’s (ETH) ecosystem has expanded rapidly. As of 2024, there are over…
Karate Combat, a web3 professional strike league, is set to launch its layer-2 blockchain network on Hedera. In an announcement on Oct. 11, the Karate Combat team revealed that its new layer-2 platform, UP, will go live on Hedera (HBAR)…
HBAR
Hedera
A new scalability paradigm has led to a fragmented blockchain ecosystem characterized by multiple chains, preventing blockchain from mass adoption.
ETH
Ethereum
Optimism token remained in a deep bear market as the recent rally of most cryptocurrencies stalled. Optimism (OP), a leading layer-2 token, was trading at $1.5140 on Oct. 10, down 70% from its highest point this year. One reason Optimism…
Decentralized exchange Uniswap has entered the layer-2 solution landscape with its new initiative to “accelerate Ethereum’s scaling roadmap.” Uniswap, one of the largest decentralized exchanges by trading volume, has unveiled Unichain, a new open-source Ethereum-based layer-2 network designed to enhance…
UNI
Uniswap
Web3 has made enormous progress in its mission to build a more open successor to web2, but we need to do more for devs to succeed.