Ethereum (ETH) fell from $4,953 in August to around $3,446 by November as Layer 2 networks reduced mainnet fee revenue and token burns. Ethereum’s daily gas fee revenue dropped from over $30M to ...

Crypto exchange Gate has launched Gate Layer, a proprietary Layer 2 blockchain designed to boost transaction throughput and reduce costs, while simultaneously rolling out a major upgrade to the GT ...

Coinbase has rolled out its Layer 2 network, Base, built on Ethereum. This platform has quickly gained traction with 100,000 users and hosting more than $200 million in assets. The impressive adoption ...

BNB Chain developers today said the opBNB network, a layer 2 based on OP Stack, is going live after months of testing in which no major bugs were encountered, CoinDesk learned. A layer 2 refers to any ...

The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

Ethereum Layer 2 network Arbitrum has launched a new project called Converge, a blockchain for processing tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize ...

The Ronin gaming network will slash RON token inflation from over 20% to less than 1% while introducing automated developer ...

Base is an Ethereum Layer 2 network developed by Coinbase that uses optimistic rollups to execute transactions off-chain while settling and securing them on Ethereum. As Ethereum activity increasingly ...

GOAT Network today launched its BitVM2 Playground, a new way to enable users to explore and experiment with the upcoming GOAT Bridge mechanism. This launch represents a notable milestone toward GOAT ...

Brian Armstrong, founder of Coinbase, photographed for Forbes by Jamel Toppin in January 2020. Coinbase officially launched the public mainnet for its long-awaited Base layer 2 blockchain network on ...