Sui has climbed into the top 20 cryptocurrencies by market capitalization.

Celo’s monthly active addresses have jumped to one million, fueled by a rise in stablecoin usage and network growth.

Weekly active wallets, weekly transactions, and DEX traders on Coinbase’s Layer 2 are at all-time highs.

Avalanche is readying to overhaul its subnet architecture.

The teams hope their zkEVM will give rise to Dogecoin-based DeFi and NFT applications.

L2s deploying on top of the solution will leverage Babylon’s Bitcoin staking layer for security.

The governance vote is slated to close in 48 hours, with 99% of voters currently in favor of the proposal.

The latest funding round was led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, and others.

The Solana community has long been antagonistic towards Layer 2 scaling.

Researchers are urging developers to explore solutions that can mitigate deanonymization attacks.