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…
While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade…
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.
Wormhole Adds Binance Smart Chain Support to Network Bridge
During the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible…
Optimism announces upgrades enabling ‘one-click’ roll-up deployment
As competition between layer-two scaling solutions heats up, Optimism has announced one-click roll-up deployments.
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen…
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…
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours…