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DeFi accessibility and cost-effectiveness are on track for a new milestone, as leading DeFi lending platform Venus Protocol has announced it is expanding to the Optimism Network. This is a significant move in the multi-chain strategy of Venus Protocol which has one of the fastest-growing Layer 2 sol

A new blockchain is entering the crypto market as the largest decentralised exchange (DEX) in the Ethereum cryptocurrency segment, Uniswap Labs is launching its own L2 blockchain, Unichain. The layer 2 blockchain announced by the DeFi company seeks to boost the efficiency of DeFi transactions, speed

Sony's Ethereum Layer-2 blockchain, Soneium, has partnered with Ava Protocol, an event-driven EigenLayer Active Validated Service. The collaboration aims to support developers and creators. The partnership seeks to simplify users' experience on Soneium. It will bring automation to Sony's blockchain

Base, Coinbase's layer-2 blockchain, has become the second-largest L2 network. It's a surprising twist. Base isn't exactly cutting-edge tech. The project launched last year using borrowed code - it's built on Optimism's OP Stack framework. Yet Base now holds an 18% market share among 74 active L2 n

Ethereum's layer-1 network has taken a beating. Revenue has plummeted by 99% since March 2024. The Dencun upgrade is the culprit. Layer-2 solutions are thriving. They're attracting more users and offering lower fees. Token Terminal data confirms this trend. The Dencun upgrade went live on March 13