News with the tag "Ethereum layer-2"

Coinbase’s Layer 2 blockchain, Base, is growing faster than Ethereum. In October 2024, Base gained 13.7 million new users, making it the fastest-growing blockchain platform. According to reports, Base gained an impressive 15.1 million super users, outnumbering Ethereum (ETH) and Polygon. Base is Bec...

According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.

Layer 2s could be “cannibalistic” for Ether’s price potential, despite their scalability benefits, according to industry watchers.

Ethereum Revenue Boost Expected as Layer-2 Activity Surges Ethereum’s network revenue is poised for a significant revival, driven by the rapid expansion of Layer-2 (L2) networks. In November 2024, L2 solutions like Base, Scroll, and World Chain tripled the transaction data posted to Ethereum’s mainn...

The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.

Stacks Network, the Bitcoin layer-2, is one of the largest DeFi protocols on the world’s most secure platform. DeFiLlama says the platform manages over $109 million worth of assets. It continues to expand and improve as decentralized financial services find traction. Stacks Network Activating Nakamo...

Paradigm is betting on the Layer-2 ecosystem with a $20 million funding base as it looks to partake in the future of the industry The post Paradigm Dives into the Layer 2 Ecosystem with $20M Investment appeared first on TheCoinrise.com .

Ethereum Dencun upgrade, which took place in March, has led to an unexpected surge in transaction failures across layer-2 networks. The post Ethereum Dencun Upgrade Sparks Surge in Layer-2 Txn Failures Galaxy Research States appeared first on TheCoinrise.com .

Sony Block Solutions Labs, a year-old joint venture between Sony Group and Startale, has introduced an Ethereum Layer-2 blockchain to lure app developers across various sectors.

Cardano, a smart contracts platform and Ethereum competitor, is transiting and preparing for Voltaire after completing Basho. In the last phase, developers focused on scaling and performance enhancement. A key part of this transition will be the complete activation of the Chang hard fork. According ...