While Ethereum’s blocks have been nearly full for over a year, we’ve seen multiple L1 & L2 networks...This has been Ethereum’s reality ever since CryptoKitties clogged the network in 2017....What makes rollups special amongst L2s is that they don’t try to get around this problem.

ETH Lags Other L1s Over the past 30 days, ETH has struggled to keep up with other L1 tokens....L2 Gas Consumption L2s have continued to gain steam, with them now comprising ~1% of total daily gas...The two discuss @HopProtocol, a token bridge for Ethereum’s layer-2 ecosystem that allows quick &...

🔍 The L2 Wars The adoption of layer-2 networks built on Ethereum has been impressive over the past...less than 1% at the beginning of 2022....Combined, they account for over 80% of the total value locked across all L2s....After launching in 2021, both L2s experienced a dramatic rise in adoption – driven by the lethal combination...

...is focused on this multi-chain DeFi ecosystem popping up, let’s turn our attention towards a layer 2...While there are other layer 2 DEXs out there, Loopring, in particular, has stood out, settling $590 million...of volume in 2021 thus far....data supports the thesis that a fair number of Ethereum users have actually migrated to Loopring’s L2...

[pdf-embedder url=”https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part...-2-5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...Simulation 2 and 3 did breach this Type something threshold, but only in 2% of iterations for the former...

Continuing from 2024, activity on Avalanche has picked up significantly over the first half of 2025....July 2nd hitting over 300,000....Up nearly 25x from earlier this year....million transactions in the past 24 hours....Over 20 towns in NJ were hit by ransomware in 2023 alone, with some paying millions of dollars to restore...

L2s offer a solution to this, but they’re just starting to get off the ground....L2s Need a Jolt Optimism enjoyed a month-long head start over Arbitrum and has consequently seen more...There’s little doubt that L2s are the ideal scaling solution for Ethereum, however, they do need to introduce...(@stablekwon) September 9, 2021...

Examples like Uniswap (Unichain L2) and dYdX (dYdX L1) come to mind....This subsampling method greatly reduces network constraints and resource usage, enabling sub-2 second...Launching an Avalanche L1 pre-Etna required a set of validators, each needing a stake of 2,000 AVAX tokens...

SLP supply peaked at 584mil on 29th May and had a short period of deflation....On 28th June it stood at 484mil, a 100mil(-17%) supply decrease in 30 days....Small Love Potion (SLP) has seen a significant growth in price of +712% YTD as of June 28th....Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...

In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...In order to unlock the next phase of growth, the scaling torch has been passed over to Layer 2s, led...

Notable Unlocks: 20% (20M ORCA) will be unlocked over a three-year vesting period and one-year cliff...Pools will open for deposits on April 25 and rewards will begin on April 26 at 12:00 UTC Note: Whirlpools...Most L1s already have the significant majority of their supply staked (ETH is currently the outlier for..., 2022 What is Axelar?

Chart of The Day: Near Leads L1 Recovery NEAR led the L1 recovery by growing by ~50% over the past...With LFG putting buy pressure on BTC, it has outperformed multiple other L1s like CRO, AVAX, BNB, and...Avalanche Summit & Hackathon in Barcelona this week (March 22-27th), and the general uptrend in network..., 2022...

Chart of The Day: Some L1s Win, Some L1s Lose Since the BTC bottom around Jan. 24th, most L1s have...With BTC recovering recently, most L1 tokens are still underwater even as BTC approaches +20% from its...Terms on the loan are as follows: 6-month loan for up to $5M in FRAX. 9% APR on drawn balance; 2% on...

Chart of The Day: Gas Spend Surges in March on L2 Activity Layer-2 rollups post all their transactional...data to L1s....This allows L2s to inherit the security of the L1 it settles on....In March 2022, L2s settling to Ethereum hit a new monthly high in terms of gas spent, surpassing 35B.

...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...Ideally as a user, regardless of whether interacting with the ETH-USDC pool on layer 1 or on layer 2,...

...the same amount sold by Tesla. 5 Votes to Follow Aave is voting to relax requirements for Level 2...Level 2 includes any governance actions that affect Aave’s voting dynamics and logic – including stkAAVE...Bored Ghost Labs, the proposer, thinks that the current requirements for Level 2 governance hamper innovation...

L1s Can’t Stop, Won’t Stop BTC is and has been leading the market for a few weeks now....When BTC momentum slows down, L1 tokens often perform better than any category....Most L1 tokens (especially SOL) experienced a strong catch-up move today....@CMEGroup doubled max position per contract from 2k to 4k BTC ($2.5bn).

Each outperforming L1 has its own narrative driving price....What stands out, however, is ETH’s underperformance relative to other L1 assets....But in the last 2 days, we’ve seen traders on other exchanges catch up, with funding starting to move.../LGVBKvmUds — EtherRock Price (@etherrockprice) August 23, 2021 How Crowdloans on Kusama will work...

This, of course, had a knock-on effect on the rest of the market, including other L1s....For more on L1s, you can read more on our Delphi Pro report on L1s vs L2s here. Paywall removed!...Finally, numerous users felt that the 1-year vest was far too short and advocated for a long 2-4 year..., 2022...