Some Layer 2 networks saw their metrics crater after token distributions. Ronin (RON) experienced a 70% drop in active addresses post-airdrop. zkSync saw a 90% drop in transactions and nearly 80% ...
Crypto exchange Gate unveiled Gate Fun, an on-chain platform that allows users to issue and trade tokens without coding. The platform runs on Gate Layer, the company’s recently launched layer-2 ...
Solayer, a restaking platform built on the Solana blockchain, has officially announced the establishment of its new ...
Layer-2 networks continue to gain momentum as the Ethereum ecosystem advances. For example, data from analytics provider Token Terminal found that layer-2 scaling solution Polygon had 313,457 daily ...
The protocols claimed in their joint statement that LayerZero’s new token is “a proprietary representation of wstETH to Avalanche, BNB Chain, and Scroll without support from the Lido DAO ...