Layer 2

L2 Adoption Wanes Despite Base Activity Continuing To Surge
Active addresses on Arbitrum and Linea have crashed by 62% and 87% in recent months.

Base Accounts for Majority of Ethereum Ecosystem Activity
Weekly active wallets, weekly transactions, and DEX traders on Coinbase’s Layer 2 are at all-time highs.

QED Protocol and Nexus Team Up On Dogecoin zkVM
The teams hope their zkEVM will give rise to Dogecoin-based DeFi and NFT applications.

Babylon Teams Up With Asphere On Bitcoin L2 Infrastructure
L2s deploying on top of the solution will leverage Babylon’s Bitcoin staking layer for security.

Zeta Markets Plots Solana L2 Despite Previous Ecosystem Opposition
The Solana community has long been antagonistic towards Layer 2 scaling.

ZKSync Launches Three-Body Governance System
Governance is designed around three core pillars: token assembly, a security council, and guardians.

Ethereum Layer 2 Atlas Launches Private Testnet
The blockchain is built using an implementation of the Solana virtual machine, but settles transactions to Ethereum.

Fractal Ships Bitcoin Sidechain But Faces Pre-Mine Controversy
Onlookers are unhappy with Fractal pre-mining 50% of its FB token’s supply.

Movement Labs Claims One Second L2 Transaction Confirmations Are Possible
Movement Labs said its new postconfirmation finalization mechanism could unlock new DeFi applications.

Base and Taiko Sustain Boom In Layer 2 Activity
Base and Taiko are driving nearly 6.5 million daily transactions combined.



