Tag: Layer
Coinbase’s Base Acquires Iron Fish Team to Enhance Privacy on Layer 2 Network
Immediately after the announcement, the price of Iron Fish’s native token (IRON) surged by nearly 32% to almost $0.27 on March 7th.
Experts Say Solaxy’s Solana Layer 2 Could Push SOL Past $300 in 2025
It’s been a crazy year so far for Solana, climbing past $290 in January before tumbling to $125 in late February. But according to one expert, a new project is positioned to turn things around – driving SOL to $300 by the end of the year. That project is Solaxy, a Layer-2 solution that’s already […]
Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident
A shared session signer wallet and exposed private key in Cardex’s front end led to a large-scale crypto theft.
Zoth Launches First Ever RWA Restaking Layer with ZeUSD, Announces Exclusive Pre-Deposit Campaign
[PRESS RELEASE – Dubai, UAE, January 27th, 2025] Zoth has unveiled its Pre-Deposit Campaign, as a part of its launch of the world’s first restaking layer for Real-World Asset Finance (RWAFi) that is designed to bridge the stability and trust of TradFi with the scalability and innovation of DeFi. Zoth’s mission is to unlock the […]
New Solana Layer 2 Project, Solaxy, Raises $2 Million in First Week of Presale
Solana has showcased remarkable performance throughout 2024, outpacing Ethereum by over 50% in year-to-date gains. This solidified SOL’s position in the Layer 1 blockchain club. However, with its high throughput being stunted by spam transitions and network congestion, many started questioning the future of Solana. Among the emerging projects leading the charge to help Solana […]
Ronin’s DeFi TVL Grows 149% YoY, Boosted by RON Token’s 30% Price Rise
Katana DEX controls 99% of Ronin’s DeFi TVL, followed by Sablier Finance and MetaLend.
Perennial Unveils a Novel Intent Layer for Perpetuals – Solving DeFi’s Fragmented Liquidity Problem
[PRESS RELEASE – New York, United States, December 3rd, 2024] Perennial announced the launch of Perennial Intents, a unique intents layer for perpetual futures, designed to unify DeFi’s fragmented liquidity landscape and deliver a centralized exchange trading experience on-chain. By sourcing liquidity from on-chain and off-chain venues, Perennial Intents is delivering deeper markets, better prices, […]
Base Layer 2 Network Surpasses $10 Billion TVL, Hits 106.26 TPS
Base’s TVL has grown over 67% since its September low of under $6 billion.
Bitcoin L2 Labs Launches to Accelerate Core Development for Stacks, the Leading Bitcoin Layer 2
[PRESS RELEASE – New York, New York, November 7th, 2024] Bitcoin L2 Labs, a new organization focused on advancing Stacks core development and Bitcoin L2 adoption, announced its official launch today. The team aims to lead the next stage of Stacks protocol development and foster innovation within the Bitcoin ecosystem, building on the recent launch […]
Ethereum Layer 2 Arbitrum One Surpasses 1 Billion Transactions
Arbitrum One leads in total value locked (TVL) among Layer 2 solutions, currently boasting $14.3 billion.