Layer 2 Solutions | ForkLog

ForkLog 42 23.12.2024

Uniswap to Launch Unichain Mainnet in Early 2025

The team behind Unichain, a layer-two Ethereum solution from the decentralized exchange Uniswap, has announced the launch of its mainnet in early 2025. Back in October, we announced Unichain ✨ Today we’re sharing the official Unichain roadmap to public mainnet and beyond And we’re also announcing that Unichain will go live with permissionless fault proofs […]

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ForkLog 18 19.12.2024

Kraken Launches Ink, an L2 Solution, Ahead of Schedule

On December 18, Kraken developers launched the mainnet of the L2 solution Ink on the Ethereum blockchain. The release was initially scheduled for the first quarter of 2025. We’re excited to announce Ink is live on mainnet! Months ahead of schedule, we’re officially launching as part of the Optimism Superchain. This is just the beginning […]

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ForkLog 29 18.12.2024

Deutsche Bank to Launch Ethereum L2 Using ZKsync

Deutsche Bank plans to launch an Ethereum Layer 2 solution utilizing the ZKsync stack. This was reported by Bloomberg, citing Boon-Hiong Chan, the bank’s head of applied innovation in the APAC region. The initiative aims to address compliance challenges associated with public blockchains. The organization also intends to enhance efficiency and reduce operational costs. According […]

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ForkLog 13 10.12.2024

Fuel Unveils Native Token Launch

The Layer 2 project Fuel, touted as the “world’s fastest modular execution layer,” has announced the launch of its eponymous token as part of its network decentralization strategy.

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ForkLog 13 09.12.2024

Movement Network Launches Genesis Airdrop for MOVE Token

Movement Network, a layer-two network developed using Facebook’s Move programming language, has launched the MOVE token. A portion of the issuance will be distributed via an airdrop. $MOVE is now live! This is a big step forward for the Movement Network⚡ pic.twitter.com/dpS8adpO7L — Movement Network Foundation (@movementfdn) December 9, 2024 The maximum supply is set […]

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ForkLog 19 05.12.2024

Justin Drake: Solana Will Not Overtake Ethereum

Initially conceived as a “killer” of the second-largest cryptocurrency by market capitalization, the Solana network does not pose a threat to Ethereum and is not even a direct competitor. This view was shared by one of Ethereum’s core developers, Justin Drake, in an interview with CoinDesk. According to him, competing with specialized networks in terms […]

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ForkLog 33 05.12.2024

Botanix Labs Launches Testnet for Bitcoin-Based L2 Solution Spiderchain

Botanix Labs has unveiled the Aragog test network for its EVM-compatible Layer 2 solution, Spiderchain, designed for the ecosystem of the first cryptocurrency. A decentralized Bitcoin L2, fully EVM equivalent, purpose-built for Bitcoin-native DeFi. Botanix’s final testnet is now live: — Botanix Labs ? (@BotanixLabs) December 4, 2024 According to the statement, Aragog will be […]

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ForkLog 31 02.12.2024

Shibarium Sets New TVL Record Ahead of Hard Fork

On December 1, the TVL of Shibarium, the Layer 2 solution for Shiba Inu, reached a new high of $10.22 million amid increased ecosystem activity and an upcoming hard fork. Shibarium TVL chart. Data: DeFi Llama. According to DeFi Llama, the project’s total value locked reached an all-time high of $9.9 million. A week earlier, […]

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ForkLog 13 29.11.2024

Coinbase Faces Monopoly Allegations After Refusing to Support Celo’s Migration to Layer 2

The cryptocurrency exchange Coinbase will not support the transition of the Celo L1 blockchain to the Ethereum ecosystem as a Layer 2 solution, scheduled for January 16, 2025. The Celo L1 blockchain (Coinbase ticker: CGLD) is migrating to Celo L2 on January 16, 2025. Coinbase will not support the migration. Due to migration by hard […]

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ForkLog 43 21.11.2024

Liquidity Shift to Bitcoin Layer 2 Solutions Forecasted by 2030

By the end of the decade, over $47 billion in liquidity could transition to Layer 2 solutions on Bitcoin. This estimate was shared by analysts from Galaxy Digital in their Bitcoin L2s report. The study considers the market share of all wrapped bitcoins in DeFi, native BTC in L2 networks, and BTC locked in staking […]

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ForkLog 41 19.11.2024

Mantle’s L2, restaking and TON ties: an ecosystem overview

Since the alpha launch of Mantle’s L2 in July 2023, its TVL surpassed $1.86bn. According to data from DeFi Llama in November 2024, more than 90 DeFi protocols are deployed on the network. We explain what Mantle is and analyse the ecosystem’s main activities. What is Mantle Mantle emerged from a relaunch of the BitDAO […]

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ForkLog 34 15.11.2024

Vitalik Buterin versus ‘training wheels’: what scaling should look like in 2025

In November 2022 Ethereum cofounder Vitalik Buterin published a post on the evolution of scaling solutions. He urged rollup teams to standardise their decentralisation milestones and introduced the notion of “training wheels.” In September 2024 Buterin returned with a call for a unified vision of the Ethereum ecosystem and the removal of centralising factors. He […]

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