The blockchain’s native token ether has underperformed bitcoin and other altcoins in recent months, the report noted.

Just $33 million worth of ether and stablecoins is currently deployed on Abstract.

Based applications — bApps — will be able to leverage Ethereum validators directly from the layer-1, allowing them to avoid security and centralizing risks.

Vitalik Butern’s proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network’s community.

A combination of rising transaction fees and a buoyant bitcoin price has given miners some relief.

Such fees are remarkably high for a low-cost blockchain, when transactions typically take fractions of a cent to settle.

The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism’s OP Stack.

Also: Ripple’s Chainlink deal; Pyth partners with Revolut

The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets.

Nansen aims to pave the way for more efficient decision-making in Bitcoin layer 2s empowered by the insights its veri and analytics provide