Layer 2

EigenLayer Unveils Multi-Chain Verification for Enhanced Scalability

EigenLayer Unveils Multi-Chain Verification for Enhanced Scalability

EigenLayer has launched an innovative new protocol functionality! Today, AVS can run on layer 2s and the Ethereum mainnet. The new feature, launched Thursday, aims to scale verifiable infrastructure while minimizing trade-offs between security and scalability. This latest development follows EigenLayer’s recent efforts to supplant standard block execution with ZK-proofs,...

$HYPER Presale Exceeds $5.2 Million as Investors Eye Bitcoin Layer 2 Solution

$HYPER Presale Exceeds $5.2 Million as Investors Eye Bitcoin Layer 2 Solution

HyperCycle’s presale of $HYPER, the first nano-payment ready Bitcoin Layer 2 solution with built-in AI has been hugely popular, raising more than $5.2 million so far. With daily contributions of more than $250,000, the project is generating enormous investor interest. It aims to do this by improving the Bitcoin ecosystem...

Ethereum Price Jumps Over 60% as Confidence Returns

Ethereum Price Jumps Over 60% as Confidence Returns

Ethereum is staging an incredible rally of its own! In just the last month, its price has increased by more than 60% and recently topped $3,800. This remarkable rally is a testament to the leading cryptocurrency’s resurgence of investor confidence.This surge is taking place with increasing competition from emerging blockchain...

Bitcoin Hyper Presale Gains Momentum, Attracts $5.2 Million in Funding

Bitcoin Hyper Presale Gains Momentum, Attracts $5.2 Million in Funding

Bitcoin Hyper (HYPER) is making waves as the latest Bitcoin Layer 2. It has garnered massive support, successfully raising $5.2 million during its presale. In under a week’s time, the project has garnered more than $1 million in funding. This accomplishment marks the increasing investor confidence in its mission to...

Layer 2 Networks Face Value Capture Challenges Amidst TVL Fluctuations

Layer 2 Networks Face Value Capture Challenges Amidst TVL Fluctuations

Layer 2 solutions made to scale Ethereum have raised billions in funding and showed massive adoption. Even with this expansion, these networks are hit by critical challenges surrounding value capture and token utility. Networks such as Arbitrum and Optimism have eaten their lunch and acquired most of that market share....

Modular Blockchain Technology Gains Traction, Over $400 Million in Funding Secured

Modular Blockchain Technology Gains Traction, Over $400 Million in Funding Secured

Modular blockchains are increasingly riding this wave within Web3, advocating decentralization, specialization and open innovation. It’s a very different approach from monolithic blockchains, where every function happens on one chain.Ethereum's "The Merge" upgrade in September 2022 was a pivotal moment, transitioning the network from a Proof-of-Work to a Proof-of-Stake system....

Ethereum's Layer-2 Scaling Drives Capacity Surge and Cost Reduction

Ethereum's Layer-2 Scaling Drives Capacity Surge and Cost Reduction

Ethereum’s Layer-2 (L2) scaling strategy is clearly picking up serious steam. As Vitalik Buterin describes, it has resulted in over a 17x increase in transaction capacity whilst cutting costs dramatically. This strategic layering approach, intentionally built on L2 networks, frees the mainnet to focus on settlement-first functions. At the same...

Nicholas Otieno Drives Bitcoin DeFi Innovation Through Multi-Chain Solutions

Nicholas Otieno Drives Bitcoin DeFi Innovation Through Multi-Chain Solutions

Nicholas is a fintech writer focused on cryptocurrency markets. Today he’s continuing that crusade by making the Bitcoin experience more inviting in the ever-evolving decentralized finance (DeFi) space. Since 2019, Otieno has focused his writing on helping readers understand cryptocurrency and how it can help create a more prosperous world....

Further Reading

Ethereum's DeFi Crown Hides a Looming Threat to Crypto's Future
Ethereum Dominates DeFi Landscape, Solana Shows Strong Gains
Ethereum's $84 Billion TVL Proves DeFi is Just a Ponzi Scheme
DeFi Domination: Ethereum's $84B TVL & The Rise of Solana
Is Bitcoin Dead? Ethereum's ETF Inflows Scream 'NFT Summer 2.0'
Ethereum Spot ETFs Attract $1.85B in One Week, Outshining Bitcoin
Ethereum's $1.85B ETF Surge: A DeFi Revolution or Institutional Overhype?
Vietnam's NDAChain: A Pragmatic Step or Just Another Permissioned Blockchain?