Layer 2

Optimism Celebrates Stage 1 Decentralization With Permissionless Fault Proofs
Users can now permissionlessly execute withdrawals from OP Mainnet to Layer 1 Ethereum.

Base Ecosystem TVL Hits All-time High
Activity on Ethereum Layer 2 network Base is surging ahead of Coinbase’s smart wallet release.

Linea Halts Network after Velocore Exploit
Decentralized exchange Velocore was hacked for $7M over the weekend.

ENS Rallies on Layer 2 Migration Plan
The Ethereum Name Service protocol has unveiled its V2 iteration that will offer increased flexibility for .eth domain owners.

Rising Ethereum Layer 2 Usage Raises Fragmentation Concerns
Activity and total value locked (TVL) on Ethereum Layer 2s have grown rapidly in 2024, but some analysts remain cautious of liquidity fragmentation.

Kakarot ZK-EVM Launches Testnet, Paving The Way For EVM-Compatibility On Starknet
Kakarot Labs is backed by StarkWare and Vitalik Buterin.

zkSync Could Launch Token This Week
The Ethereum Layer 2 network’s long-awaited airdrop is expected in mid-June.

Blast Delays Token Launch But Increases Airdrop Allocation
The Ethereum Layer 2 network was widely expected to drop its token in May but has delayed the launch to June 26.

Avara Announces Lens Network L2 Leveraging ZK Stack
Lens Network will host a new deployment of Lens Protocol.

Blast Community Split Over Latest Jackpot Distribution
Blast airdrop participants are frustrated after PacMoon holders earned more Gold in a week than dApps have earned in two months.



