Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate
Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again. Go to Source
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Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments
Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects … Read more
Stacks’ smart contracts reach record high ahead of Nakamoto upgrade
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability. Go to Source
‘First fast’ Ethereum scaler Movement peaks at 12K TPS on testnet
Movement Labs co-founder Rushi Manche claims his Ethereum scaling blockchain is peaking at 12,000 transactions a second on testnet. Go to Source
Multiple factors fueling Ether’s ‘dismal’ price action — VanEck
According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024. Go to Source
Ethereum layer-1 network revenue collapses. What’s causing it?
Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Go to Source
Solutions without problems: How many Ethereum layer 2s are too many?
Layer 2s are a short-term success story, but the long-term picture appears less rosy. Go to Source
Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. Go to Source
ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions. Go to Source
Base hits 4M active addresses amid ‘Onchain Summer’ campaign
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. Go to Source