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Layer 2 Networks Thrive In July 2024: Base And opBNB Lead The Pack

July 2024 saw significant developments in the Layer 2 ecosystem, with Base and opBNB emerging as key players. Base recorded the highest number of new addresses, adding 12.7 million, while opBNB led in total transactions, surpassing 209 million. Address Growth and Activity Optimism maintained its lead with 155.8 million unique addresses, followed by Base with […]

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Zircuit Completes Mainnet Funding Round With Top Investors To Boost Ecosystem Growth

Layer 2 project Zircuit has successfully completed its Mainnet funding round, securing investments from prominent names such as Mirana Ventures, Amber Group, Nomad Capital, and Robot Ventures. This new funding will enable Zircuit to accelerate the growth and activity of its ecosystem. Founded in 2022, Zircuit has already made significant strides, boasting a Total Value […]

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Layer 2 Solutions Propel Mass Adoption With Significant Growth

Layer 2 solutions continue to experience robust growth, playing a crucial role in driving mass adoption. On-chain metrics reveal increasing user traction, underscoring the potential of L2 networks. The number of transactions on leading Layer 2 networks—Arbitrum, Base, and Optimism—has quadrupled this year. This growth saw a significant boost in Q2, following the implementation of […]

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Base Surpasses 1 Million Active Addresses, Leads Ethereum Layer 2s

March 16th marked a significant milestone for Base as it reached over 1 million active addresses, securing its position as the top Ethereum Layer 2 solution. This achievement underscores the platform’s growing prominence within the Ethereum ecosystem. On March 16th, @base achieved a milestone by surpassing 1 million active addresses, claiming the top spot among […]