#LAYER2 News

Pepe Unchained Smashes $5.5M Milestone, Raises Over $500k in Less Than a Week

cryptonews.com Pepe Unchained ($PEPU) is on fire, sizzling past $5 million in funding and adding over $500,000 just before the weekend party. The new meme coin, featuring its own Layer 2…

The Bankless Guide to Solana

bankless.com Solana, launched in 2020, is designed to offer much higher “base layer” transaction throughput capabilities compared to other popular Layer 1 (L1) blockchains like Ethereum…

ETF issuer Jan VanEck has ‘way over 30% of his portfolio in Bitcoin’

cryptoslate.com On stage at the Bitcoin Conference 2024 today, Jan van Eck announced that way over 30% of his portfolio is in Bitcoin. Van Eck, CEO of the investment management firm VanEck,…

Bitcoin Ups and Downs: Understanding Transaction Fees Roller Coaster

bitcoinnews.com Bitcoin transaction fees have been a point of contention and curiosity among users, both new and experienced. As the network grows in popularity, so do the fees required to…

Security Matters: How’s Zircuit Planning to Mitigate Hacks in Web3 (Interview)

cryptopotato.com In the rapidly evolving landscape of Layer 2 networks, Zircuit aims to create a new approach to security and scalability. Co-founded by Martin Derka, a seasoned professional…

It’s Like Buying ETH for $1

coinpedia.org The post It’s Like Buying ETH for $1 – Discover Extremely Cheap and Bullish Altcoins Right Now appeared first on Coinpedia Fintech News Imagine snagging a top-tier…

Base Surges to Top Layer 2 with Over 4 Million Transactions and 1,220,883 Daily Active Addresses

thedefiant.io Base, a leading Layer 2 solution, has seen a significant surge in activity, becoming the top Layer 2 by daily transaction volume with over 4 million transactions Base, a…

Arbitrum Foundation’s proposal to deploy Orbit chains beyond Ethereum opens for initial vote

theblock.co Arbitrum ARB +2.56% DAO, the governance body overseeing the Arbitrum ecosystem, is currently holding a vote on whether to extend its Orbit chains to networks beyond…

Ethereum Price Struggles Post ETF Launch As Meme Coins Outperform ETH YTD

coingape.com Ethereum price remains smothered three days after the launch of the ETF as meme coins enjoy exponential gains year-to-date (YTD). ETF analysis shows poor inflows from…

Redeeming $BASED with "Base Introduced" NFTs

bankless.com If you hold these NFTs, you can claim the new $BASED token on Base. When the testnet of Base was first launched in February 2023, the Layer 2 (L2) scaling solution's team…

Faces Sharp Decline in Network Activity, TVL Hits Year-to-Date Lows

coinspeaker.com Faces Sharp Decline in Network Activity, TVL Hits Year-to-Date Lows ZkSync (ZK), a prominent Layer 2 (L2) solution for Ethereum, is grappling with a significant decline in…

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

newsbtc.com The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less…

Bridging Costs to Arbitrum Drop to $0.324 for $100, $0.034 for L2 Transfers; ETH Bridged More Than Doubles Since TGE

thedefiant.io Recent discussions in the cryptocurrency community highlight the increasing cost-effectiveness of bridging assets to Layer 2 networks such as Arbitrum, Base, and Optimism…

Base Network Pushes for Stage 1 Decentralisation

coinjournal.net Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia testnet. The Base network is centralised as only…

Alby: A Hub For The Bitcoin And Lightning Economy

bitcoinmagazine.com Company Name: Alby Founders: Michael Bumann, Moritz Kaminski and René Aaron Date Founded: Open-source project founded in December 2020 / Company founded in March 2022…

Pepe Unchained Raises $5 Million in Presale, Paving the Way for Layer 2 Meme Coins

watcher.guru Within just a month, Pepe Unchained successfully raised $5 million in its presale in a remarkable display of investor confidence and community support. That shouldn’t come…

Base Introduces Fault Proof Feature to Testnet, Step toward Network Decentralization

coinspeaker.com Coinspeaker Base Introduces Fault Proof Feature to Testnet, Step toward Network Decentralization Base has launched fault proofs on its Sepolia testnet, a key step toward…

Jeff Garzik’s Hemi Network Brings EVM Execution To Bitcoin

thedefiant.io The project introduces the Hemi Virtual Machine and leverages Proof-of-Proof consensus to inherit security from Bitcoin. Jeff Garzik, a former Bitcoin core developer who…

COTI and 14 other teams to develop use cases for Bank of Israel’s Digital Shekel Challenge

finbold.com COTI, a Layer 2 on the Ethereum (ETH) blockchain, and 14 other Fintech companies have been invited to develop use cases for the Bank of Isreal’s upcoming Digital Shekel…

Base Launches Stage 1 Decentralization On Testnet

thedefiant.io Base, the surging Layer 2 network from Coinbase, is gearing up to shed its training wheels and pursue “Stage 1” decentralization. On July 23, Base deployed fault proofs on…

Base Layer 2 Activity Doubles Competitors with Over 1.2M Daily Active Addresses

cryptopotato.com Coinbase-incubated Layer 2 network – Base – is seeing a significant surge in daily activity thereby suggesting growing interest and adoption amidst an improved sentiment in…

Pepe Unchained Raises More Than $5M in a Month, Despite Altcoin Season Not in Full Swing

cryptonews.com After bagging $4 million last week, Pepe Unchained ($PEPU) is back on the grind, pushing its total funds raised to over $5 million. Pepe’s latest and most badass version,…

Ripple Investors Exit as XRP Fails to Rally Above $0.65

cryptonews.com The XRP price has faced repeated rejections at the $0.65 mark, causing panic among investors and prompting them to seek opportunities elsewhere. This article will provide an…

Franklin Templeton Leads $11M Funding Round for Layer 2 Solution Bitlayer

coinspeaker.com Coinspeaker Franklin Templeton Leads $11M Funding Round for Layer 2 Solution Bitlayer Financial services firm Franklin Templeton has taken its commitment to the Bitcoin…

Avail’s Main Network Goes Live Alongside Native Token

coinspeaker.com Coinspeaker Avail’s Main Network Goes Live Alongside Native Token Avail, a blockchain project focused on improving data availability (DA) and scalability, has announced the…

Avail Unveils DA Mainnet Alongside Native Token

thedefiant.io The project said Avail DA offers support for more than 70 chains and tech stacks. Avail, a modular blockchain scalability project, launched its data availability solution on…

MATIC Price Forecast: Will Polygon Ride US Elections To Beat BNB Chain, ETH Ecosystems?

coingape.com MATIC price forecast shows the asset lags despite Polygon being among the top 5 blockchains with the highest development activity in the past year. Polygon price hovered…

As Base hits THIS major milestone, how it compares to other L2s

ambcrypto.com None Its transaction count was around 4 million. Base recently experienced a significant uptick in daily transaction count, reaching a notable milestone that suggested…

Ethereum Turns 10: A Decade of Blockchain Revolution

cryptopotato.com Over the past ten years, Ethereum has transformed the blockchain landscape. From its initial coin offering to becoming the second-largest crypto by market cap, Ethereum has…

Solana to $2500, CYBRO and MATIC to $25 After Thursday? All You Need To Know About ETH ETF Starts And Future of Altcoins

coinpedia.org The post Solana to $2500, CYBRO and MATIC to $25 After Thursday? All You Need To Know About ETH ETF Starts And Future of Altcoins appeared first on Coinpedia Fintech News…

Ethereum's Burn Rate Slumped 67% In Q2

thedefiant.io ETH's supply is now at its highest level since December 2023. Ethereum’s deflationary narrative appears to be in peril. Q2 2024 hosted Ethereum’s highest quarterly inflation…

Top 5 Cryptocurrencies to Buy Now for the Next Bull Run

coinpedia.org The post Top 5 Cryptocurrencies to Buy Now for the Next Bull Run – Get In Before It’s Too Late! (July 2024 Updated) appeared first on Coinpedia Fintech News Astute investors…

Dogwifhat Price Soars with $800 Million Volume

cryptonews.com As meme coin markets make a strong comeback, Dogwifhat price has surged with a massive $800 million trading volume. With speculations on whether WIF will reach $10,…

Best Crypto to Buy Now July 19

cryptonews.com The cryptocurrency market continues to exhibit notable volatility as we approach mid-July. Recent economic data from the U.S. has introduced new variables into the digital…

zkEVM-based Lumia Begins HyperNodes Public Sales

coinspeaker.com Coinspeaker zkEVM-based Lumia Begins HyperNodes Public Sales Lumia, a zkEVM-based Layer 2 platform built on Polygon CDK has commenced the sales of its Data Availability…

Traders See Bullish Pennant in Solana: Price Forecast

cryptonews.com The price of Solana has jumped by 2% in the past 24 hours, reaching $162.55 as the crypto market falls by 1.5% today. SOL has now gained by 20% in a week and by 32% in the…

Whales Increase Accumulation, Eye Price Growth

beincrypto.com MNT, the native token of Mantle Network, the Layer 2 (L2) technology stack for scaling Ethereum, has witnessed a resurgence in its demand in the past few weeks. On-chain…

Missed the Ethereum Boom? See Your Lost Fortune!

watcher.guru Ethereum is a major player in the crypto world. It ranks among the largest cryptos and has seen some great growth since its launch. This digital asset’s journey offers some…

Crypto Trends To Invest in for the Next Bull Run: GameFi, Meme Coins, Layer 2

coinpedia.org The post Crypto Trends To Invest in for the Next Bull Run: GameFi, Meme Coins, Layer 2 appeared first on Coinpedia Fintech News The crypto bull run is back as market leader…

Can Ethereum Reach $4k Again This Summer? Pepe Unchained Raises $4M

cryptonews.com Pepe Unchained is on fire, closing in on $4 million in presale funding even before celebrating its first month since launch. The recent surge in trading activity in the…

BNB Price Analysis: Optimism Testnet Launch Could Drive BNB to $600

thecryptobasic.com price has retested the $580 level in each of the last 3-trading days, market news reports suggest the recent collaboration with Optimism (OP) has been a key bullish catalyst…

BitGo Launches Support for Bitcoin L2 Stacks and sBTC

cryptopotato.com Digital asset services infrastructure provider BitGo has launched support for the Bitcoin layer2 network Stacks and its new token standard, sBTC, to enhance BTC’s…

Polygon Labs Teases September 4 as Date for MATIC Transition to POL

coinspeaker.com Coinspeaker Polygon Labs Teases September 4 as Date for MATIC Transition to POL Polygon has finally revealed a potential date for the migration of its native token MATIC to…

List of Altcoins with Potential for Solana-Like Gains: A Must-Watch List

coinpedia.org The post List of Altcoins with Potential for Solana-Like Gains: A Must-Watch List appeared first on Coinpedia Fintech News Leading crypto analyst Altcoin Buzz took to his…

Pepe Soars 24% in 24 hours as Meme Coins Rally, Improved Version Pepe Unchained Nears $4M in Presale

cryptonews.com Pepe Unchained ($PEPU) continues to hit the home run in its presale, now with over $3.9 million raised. The new and improved version of Pepe, living on its own Layer 2 chain…

Philanthropy's Blockchain Uptake Is Slow, But Future Is Bright

coindesk.com From reading the outputs of the research, it’s clear that the nonprofit sector’s adoption and insights mimic very closely the adoption and performance of blockchain…

StarkWare Verifies Zero-Knowledge Proof on Bitcoin’s Test Network

thedefiant.io It was made possible thanks to a Satoshi-era code called OP_CAT currently being tested on Bitcoin’s Signet. StarkWare, which has been developing zero-knowledge technology on…

Lumia Launches Layer 2 Network for Real-World Assets

coinspeaker.com Coinspeaker Lumia Launches Layer 2 Network for Real-World Assets Lumia has announced the launch of its layer 2 network made for Real-World Assets (RWAs). This new solution…

OKX Enlists TON as Its 100th Mainnet Blockchain Integration

coinspeaker.com Coinspeaker OKX Enlists TON as Its 100th Mainnet Blockchain Integration The OKX exchange has bagged its 100th mainnet blockchain integration with The Open Network (TON).…

Price Spike Boosts Derivatives Market Activity

beincrypto.com The value of IMX, the native token of ImmutableX, the Layer 2 (L2) scaling solution for NFTs on Ethereum, has risen by 22% in the last week. This price uptick has increased…

BNB’s 29% surge: Impact of new opBNB layer 2 testnet?

ambcrypto.com Binance chain is making waves with its latest development, the opBNB Layer 2 testnet. This new solution, built on Optimism’s OP Stack, promises to tackle scalability issues…

Shiba Inu Lead Teases Major News For This Year's ETHToronto

bitcoinist.com On Tuesday, the Shiba Inu team reiterated in an official press release its commitment to innovation and community engagement as it announced its return as a title sponsor…

FLOKI Price Soars 21% in 24 Hours: Is a Major Breakout Ahead?

cryptonews.com Today, the FLOKI price has seen a substantial 21% surge amid market growth, with meme coins up an average of 4.82%. However, after undergoing a correction, it seems that…

Sid Coelho-Prabhu, Coinbase Wallet Senior Director of Product Management, on Self-Custodying as the Most American Thing

cryptonews.com Cryptonews Podcast host Matt Zahab recently sat down for an exclusive interview with Sid Coelho-Prabhu, the Senior Director of Product Management for Coinbase Wallet. The…

Crosses Key Moving Average for First Time Since June 5

beincrypto.com Many cryptocurrencies in the Layer 2 (L2) ecosystem have seen their values surge in the last week. Leading L2 token Arbirtum (ARB) has witnessed a 10% price hike during that…

Scroll’s TVL Surpasses $1 Billion, Outperforming All Other Ethereum Layer 2s

cryptonews.com Scroll’s total value locked (TVL) has surged past $1 billion, outpacing all other Ethereum Layer 2 (L2) solutions. The impressive growth has seen Scroll’s TVL more than…

Scroll TVL Soars Past $1 Billion

thedefiant.io The Ethereum Layer 2 network is outperforming the rest of the sector, driven by its ‘Session One’ points program. Scroll’s total value locked (TVL) is growing faster than…

Ethereum Price Prediction as Analyst Says ETH ETF Will Launch 23 July

cryptonews.com The cryptocurrency market has always been characterized by its volatility and potential for substantial gains. One recent development that has captured the attention of…

This Is The Latest Ethereum Layer 2 Protocol to Surpass the $1 Billion TVL Mark

cryptopotato.com Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all…

Unpacking Pectra: Ethereum's Next Upgrade on Bankless

bankless.com ETH's next hard fork is a bigger deal than you think. In March 2024, the network rolled out its Dencun upgrade. A portmanteau of two specifications, “Deneb” and “Cancun,”…