Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL
Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of…
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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per…
Ethereum layer two TVL reaches all-time high
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion.
Arbitrum extends lead over Optimism as Uniswap posts record volume on L2
DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs.
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that…
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total value locked (TVL) in protocols using its services. The smart contract recorded an influx of…
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism…
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