Layer 2 News
Latest Layer 2 News
Ethereum’s L2 solutions face significant challenges in delivering the scalability and cost-effectiveness that applications like meme coins demand.
DuckChain joins forces with major crypto players to drive the next wave of decentralized applications and announces the Yellow Duck Mission hackathon. Leading investors, including dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io, and…
TON
Toncoin
Ink, a layer-2 blockchain developed by crypto exchange Kraken and built on the Optimism Superchain, is now live, with oracle platform RedStone as an official partner. The Ink Chain mainnet launched on Dec. 18, months ahead of the previously announced…
BTC
Bitcoin
Deutsche Bank is reportedly building a Layer 2 under an asset-servicing pilot project called Dama 2 as part of the lender’s goal to clear regulatory hurdles for institutions who want to use public blockchains. According to a Bloomberg report published…
ETH
Ethereum
Kontos Protocol announces tokenomics revealed with an emphasis on investor engagement and ecosystem. The much-anticipated tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the total supply of 1 billion KOS, are released…
Three coins have risen to the top of the leaderboard: The Dogeson, a playful nod to Elon Musk, his son and Dogecoin; Shiro Neko, a cat-themed token tied to gaming and NFTs; and Orbit, a space-inspired coin.
Dave Sandor, former executive director at Goldman Sachs and Morgan Stanley for the Asia Pacific region, announced his new role as co-founder at OpenZK Network, a solution designed for ZK-Rollup scaling.
ETH
Ethereum
The native token of the Movement layer-2 network defied the market-wide bloodbath with impressive gains, all thanks to high-profile exchange listings. Movement (MOVE) is up 50% in the past 24 hours and is trading close to the $1 mark at…
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…