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Day: January 5, 2024

Solana Co-Founder: The Blockchain Doesn’t Need Layer-2s Like Ethereum

cryptocurrency January 5, 2024

Solana co-founder Anatoly Yakovenko has expressed confidence that their blockchain can handle the growing demand for decentralized applications (dapps) without needing layer-2 solutions like those employed by Ethereum. Advertisements Solana Doesn’t Need Layer-2 Solutions In a post on X, Yakovenko argued that Solana’s design, which utilizes a hybrid consensus mechanism, enables it to scale efficiently without […]

Ethereum falls 6% in 24 hours: How did holders react?

cryptocurrency January 5, 2024

Advertisements ETH witnessed its highest drop in over two months. The Ethereum in profit has gone below 80%. Ethereum [ETH] experienced a significant decline in its price, leading to a corresponding decrease in profit supply. Ethereum sees highest drop in months On the 2nd of January, Ethereum faced a notable decrease of over 6%, settling […]

Ethereum Layer-2 Total Value Locked Hits $21B, a New All-Time High

cryptocurrency January 5, 2024

With all attention focused on the premise of a spot Bitcoin ETF, the steady increase in collateral locked on Ethereum layer-2 networks has gone unnoticed. L2 TVL has reached an all-time high this week, but will ETH prices start to move yet? Advertisements According to layer-2 ecosystem platform L2beat, the total value locked across all […]

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