Blast’s Layer 2 Network TVL Plummets by 97% from Peak
The total value locked (TVL) in the Blast Layer 2 solution has plunged from a record $2.2 billion to $67 million over the past year, a decline of 97%.Layer 2 solutions are protocols built on top of blockchains to improve scalability and efficiency.
Blast’s Layer 2 Network TVL Plummets by 97% from Peak
The total value locked (TVL) in the Blast Layer 2 solution has plunged from a record $2.2 billion to $67 million over the past year, a decline of 97%.
Ronin Developers Plan Return to Ethereum as Layer 2 Network
The gaming sidechain Ronin is set to migrate back to Ethereum as a full-fledged Layer 2 network. The transition is expected to be completed in the first half of 2026, according to a blog post. Sky Mavis, the company behind Axie Infinity, initially separated from the blockchain of the second-largest cryptocurrency by market capitalization due […]
Base Celebrates Second Anniversary Since Launch
On August 9, 2023, the Base mainnet became publicly accessible. The protocol team congratulated the L2 network on its second “birthday.” Happy birthday, Base. Two years in. Still day one. pic.twitter.com/THk8zUilhd — Base (@base) August 9, 2025 Currently, Base ranks second among Ethereum rollups, trailing only Arbitrum One. Source: L2BEAT. According to the on-chain observer, […]
Base Network Experiences Temporary Disruption
On August 5, the Coinbase-developed Layer 2 network, Base, ceased producing new blocks for approximately 20 minutes. This was noted by Chinese journalist Colin Wu. Aaccording to BaseScan data, there has been an anomaly in the Base network, and the latest block height remains at 33792704; it has been 19 minutes since the last new […]
Linea Updates Roadmap and Shares Airdrop Details
ConsenSys’s Layer 2 network, Linea, has unveiled an updated roadmap. The project will be the first Layer 2 solution to burn Ethereum tokens. Today, we’re setting a new standard for Ethereum Layer 2. Introducing native ETH yield, protocol-level ETH burn, and an Ethereum-native Consortium to manage the largest ecosystem fund in the space. This is […]
Vitalik Buterin Unveils Ethereum Foundation’s New Strategy
Ethereum co-founder Vitalik Buterin, in an interview for the Epicenter podcast, discussed the shift in strategy at the Ethereum Foundation (EF), the future of L2 solutions, and the unexpected outcomes of his donations in meme coins. Ethereum Foundation’s New Strategy According to Buterin, EF is changing its approach. Whereas the organization previously aimed to represent […]
Bitcoin Hyper unveils an SVM‑based layer‑2 for Bitcoin
The Bitcoin Hyper team has published a white paper for a layer‑2 that promises fast transactions and smart contracts for Bitcoin via integration with the Solana Virtual Machine (SVM). On May 8, the project launched a presale of its native HYPER token.
Surge in Activity on Kraken’s Ink Network Ahead of Token Airdrop
As Kraken prepares to release the INK token, activity on its namesake Layer 2 network has significantly increased.
Experts Highlight MEV as a Barrier to Blockchain Scaling
Maximal Extractable Value (MEV) has emerged as a “dominant constraint on blockchain scaling,” according to a report by the Flashbots research group. Experts have discovered that spam transactions generated by arbitrage bots consume block space faster than even high-performance networks can expand it. “This is not a theoretical or isolated issue. We can observe it […]
Polygon Co-Founder Takes Sole Leadership of the Project
Polygon co-founder Sandeep Nailwal has assumed full control of the Polygon Foundation (PF) as its first CEO, introducing changes to the project’s strategic priorities. BIG update — As the largest holder of POL and someone who dedicated his life to development and success of @0xPolygon from the very beginning, I have decided to take full […]
Bitlayer Partners with Major Mining Pools to Advance BTCFi
Bitlayer, a project developing a Layer 2 solution for Bitcoin, has partnered with leading mining pools Antpool, F2Pool, and SpiderPool to advance the BTCFi segment.
Vitalik Buterin Cautions Against Hasty Decentralization of Rollups
Ethereum co-founder Vitalik Buterin has explained when L2 networks should transition to decentralization. In his view, there is no need to rush this process. Here is a simplified mathematical model that shows when to move to stage 2. Assumptions: * Each security council member has an independent 10% chance of “breaking”* we treat liveness failure […]We use cookies to improve the quality of our service.
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