News with the tag "l2"

Binance founder Changpeng Zhao has recently shared vital insights on the impact of L1 vs L2 for AI projects looking to venture into the blockchain industry. In an X post this Thursday, CZ cracked on how AI projects could leverage two branches of the same tech differently. Notably, L1 offers sovereig...

As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a differ...

Bitcoin Layer-2 (L2) projects experienced substantial growth, particularly as decentralized finance (DeFi) use cases expanded within the Bitcoin ecosystem. A November 2024 report by digital asset platform Galaxy revealed that Bitcoin L2 networks increased from just 10 in 2021 to 75 in 2023. The repo...

After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week’s lows. Altcoins have broken out of a bullish formation, fueling investors’ optimism about the upcoming Altseason. Related Reading: XRP Hits Seven-Year High After 16...

On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on...

Sony, the electronics giant with $73 billion in yearly revenue, announced their ethereum L2 Soneium has launched its mainnet today.

The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.

Demand for the ethereum network is pretty much at full capacity on a daily basis with the daily gas usage stable at 108 million...

Bitcoin staking has a total addressable market in the hundreds of billions, industry executives say.

With the new year approaching, some analysts forecasted a “very bullish” 2025 for Altcoins. The sector is expected to explode soon and kickstart the long-awaited “Altseason” after retesting a key support level. Related Reading: Ethereum Stays Within Symmetrical Pattern – Analyst Sets ETH Target Altc...