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Layer 2 news

Layer 2: Ethereum supply volume dropped to 120.07 million ETH - the lowest since the summer of 2022
On March 17, 2024, according to CryptoQuant, Ethereum's total supply fell to 120,077,222.76 ETH. This is a new bottom since the beginning of August 2022.
Layer 2: Chainway Labs raised $2.7 million for another Bitcoin-based ZK-Rollup
Chainway Labs studio recently closed a $2.7 million seed funding round led by Galaxy Ventures.
Layer 2: Justin Sun announced that TRON will launch L2 solution based on Bitcoin
TRON, a blockchain platform, is about to unveil an innovative solution - a bitcoin-based L2 network.
Layer 2: What is Astar Network?
Astar Network is the most popular Tier 1 blockchain in Japan that supports smart contracts on the Ethereum Virtual Machine (EVM) and WebAssembly (WASM), and enables full interoperability..
Layer 2: Ethereum leader, Vitalik Buterin, spoke about the progress and technologies of EVM L2
Vitalik Buterin's recent article sheds light on the crucial role of ZK-EVM in enhancing the scalability and security of the Ethereum network. Buterin presents several implementation options..
Layer 2: Starknet is preparing to airdrop 1.8 billion STRK tokens
Starknet Foundation, the organization behind the StarkNet network, an Ethereum Layer2 scaling solution, has announced its plans to distribute over 1.8 billion STRK tokens through various..
Layer 2: Arbitrum DAO greenlights $23.4 million enhancement for 26 projects in its newest incentive initiative
The Arbitrum DAO recently approved a significant budget increase of $23.4 million for its Short-Term Incentive Program (STIP), aiming to support projects that had hit the cap of 50 million..
Layer 2: What is Zero-Knowledge Rollup (zk-Rollup)?
ZK-rollups are layer-2 scaling solutions built above the traditional Layer-1 smart contract blockchain system. The project offers substantially greater throughput and reduced costs..