Cryptocurrency News
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67.6% of total activity. Arbitrum follows with 22.6%, and Optimism holds 9.7%, according to data from IntoTheBlock. This shift in transaction shares marks a significant change in the L2 landscape compared to a year ago. Back […]
In an unexpected turn of events, Ethereum’s Layer 2 ecosystem recently hit a record-breaking 12.42 million transactions in a single day, largely fueled by the surging popularity of memecoins. Who could have imagined that digital coins based on memes would push Ethereum’s scalability solutions to such unprecedented heights? đź””Ethereum Layer […]
Ethereum, the second-largest cryptocurrency by market capitalization, encountered a whirlwind of criticism and regulatory scrutiny over recent months, leading to a surge in speculative fear, uncertainty, and doubt (FUD) surrounding its future trajectory. As Ethereum’s price performance lags behind Bitcoin and Solana gains traction, coupled with regulatory concerns over its […]