Saturday, January 11

Tag: layer-2 blockchain

Mar312024 by adminNo Comments
Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation

Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation

Business
Base, Coinbase's layer-2 blockchain effort for lowering Ethereum deal charges, appears to be experiencing huge needs of increased network activity. As an outcome, its TVL likewise increased greatly, striking a brand-new turning point, exceeding $2 billion today. Among the significant factors for the rise in activity of Base was the activation of the Dencun upgrade. Base's TVL Growth According to information from L2Beat, Base's existing TVL stands at $2.27 billion, increasing by over 230% YTD. Over the previous 7 days alone, this figure has actually grown by nearly 50%. This boost can be credited to the Dencun upgrade, which substantially decreased Layer 2 deal charges, rendering the Layer 2 network a more affordable option for Ethereum deals. Regardless of a short-term boost in typical dea...
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Dec302023 by adminNo Comments
Blast Secures $1.1 B in Deposits Ahead of Launch

Blast Secures $1.1 B in Deposits Ahead of Launch

Business
The native BLUR token has actually likewise seen favorable cost motions. 2024 is just a couple of days away and we currently have actually lots of extremely expected blockchain tasks in the works. Although it is the vacations, crypto enthusiasts are still engaging with these tasks and much of them appear extremely appealing. Take Blast, a layer-2 blockchain that is being released by the developers of Blur. The blockchain will not be totally live till February 2024 however has actually currently reported an outstanding $1.1 billion in deposits. Blast Makes a Splash According to openly offered information, users have actually transferred $1 billion worth of covered Ether and $103 million worth of DAI up until now. This is an extremely motivating indication as it reveals that the neighborhood...
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