Arbitrum

Ethereum L2s to Reach $1T Market Cap by 2030: VanEck Analysts
Blockchain

Ethereum L2s to Reach $1T Market Cap by 2030: VanEck Analysts

In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2 technologies on Ethereum’s performance and scalability. The company’s senior digital assets investment analyst Patrick Bush and digital assets […]

Apr. 5, 2024
Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade
Blockchain

Ethereum L2s Show a Significant Drop in Transaction Fees After Dencun Upgrade

The Dencun upgrade went live on the Ethereum (ETH) network on March 13, which resulted in a significant decrease in the transaction fees on Layer-2 (L2) chains like Optimism, zkSync, Arbitrum, and Coinbase’s Base. Dencun is a scalability-focused upgrade on the Ethereum mainnet, with many considering it one of the most important upgrades since the […]

Mar. 14, 2024
Ethereum Layer 2 Networks Hit $30B TVL
Ethereum

Ethereum Layer 2 Networks Hit $30B TVL

Ethereum layer-2 networks reached a new milestone on Feb. 28, hitting $30 billion of total value locked (TVL) within their contracts, according to data from the blockchain analytics platform L2Beat. Arbitrum leads the surge with 45.37% of the total TVL, representing $13.66B, followed by OP Mainnet at 25.08%, or $7.55B. Other notable contributors include Manta […]

Feb. 28, 2024