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The Top Layer 2 Networks by Development Activity in April

The Top Layer 2 Networks by Development Activity in April

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While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant […]

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ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements

ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements

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ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s architecture, an innovation compared to conventional Proof of Work (PoW) systems.  The efficacy

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Ethereum’s Layer 2 Networks Projected to Reach $1T Market Cap by 2030: VanEck Analysts

Ethereum’s Layer 2 Networks Projected to Reach $1T Market Cap by 2030: VanEck Analysts

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In a report released earlier this week, analysts from investment manager VanEck forecasted that Ethereum’s Layer 2 scaling networks will reach an astonishing $1 trillion market capitalization by the year 2030. The $1 trillion prediction was reached by estimating that Ethereum would hold 60% of the market share across all public blockchains and assessing the

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Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade

Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade

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Last updated: March 13, 2024 19:33 EDT | 2 min read A Blast block explorer has reported that the Blast network had encountered a disruption in block production during the Ethereum Dencun upgrade. No blocks have been produced since approximately 14:05 GMT. Designed as an experimental layer-2 solution on Ethereum, the Blast network offers a

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Ethereum’s Layer 2 TVL Nears $30 Billion as ETH-Related Tokens Surge

Ethereum’s Layer 2 TVL Nears $30 Billion as ETH-Related Tokens Surge

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Ethereum has witnessed a notable surge in the past week as its Layer 2 TVL nears the $30 billion milestone with sustained momentum. As shown by L2Beat, the cryptocurrency, second only to Bitcoin in market capitalization, has shown an upward trajectory. It is worth highlighting that assets and tokens associated with its ecosystem have also

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Layer 3 Foundation Announces Testnet of Its P2P Yellow Clearing Network for Counterparty Risk Mitigation

Layer 3 Foundation Announces Testnet of Its P2P Yellow Clearing Network for Counterparty Risk Mitigation

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[PRESS RELEASE – Paris, France, December 20th, 2023] Layer 3 Foundation, a pioneer in blockchain-based financial technology, has announced the launch of a testnet program for its Yellow Clearing Network, the first-ever decentralized clearing system. This initiative marks a significant step towards realising the foundation’s mission of decentralizing clearing and settlement processes to scale trading

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