Solana sets a new record in January, thanks to...

In January, Solana recorded a surge in new demand. This drove network activity on the chain to an all-time high. Leading Layer 1 (L1) network Solana [SOL] has seen an uptick in new users, wiThe post Solana sets a new record in January, thanks to... appeared first on AMBCrypto.

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Polkadot's user activity hiked in Q4 2023: Will 2024 see same trend?

Polkadot’s network activity increased in Q4 2023. Its revenue also surged significantly. Layer 0 blockchain network Polkadot [DOT] ended Q4 2023 with a surge in user activity, Messari founThe post Polkadot's user activity hiked in Q4 2023: Will 2024 see same trend? appeared first on AMBCrypto.

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How Shibarium contributed to SHIB's 15% decline in 30 days

Shibarium has seen a drop in its network activity. Bearish pressure continued to put downward pressure on SHIB’s value. Shiba Inu’s [SHIB] Layer 2 (L2) network Shibarium has witnessed a The post How Shibarium contributed to SHIB's 15% decline in 30 days appeared first on AMBCrypto.

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Optimism: What surging transactions mean for OP holders

There has been an uptick in Optimism’s network activity. This has led to a growth in network fees and revenue. Leading Layer 2 (L2) network Optimism [OP] has witnessed a surge in daily traThe post Optimism: What surging transactions mean for OP holders appeared first on AMBCrypto.

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Avalanche MOM volume up 167% as L1 networks record growth

Avalanche (AVAX), an Ethereum Virtual Machine (EVM)-based layer 1 solution, experienced a significant surge in trading activity, spiking to about $2.73 billion.

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What Ethereum's rising burn rate says about the network

ETH’s burn rate has increased in the last month.  This has been due to the surge in activity on the blockchain network. As network activity gains momentum, leading Layer 1 (L1) network EtThe post What Ethereum's rising burn rate says about the network appeared first on AMBCrypto.

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What rising activity on Shibarium means for SHIB

Shibarium’s network activity saw growth last weekend. SHIB holders have started taking profit. Last weekend, Shiba Inu’s [SHIB] Layer 2 (L2) network Shibarium witnessed an uptick in The post What rising activity on Shibarium means for SHIB appeared first on AMBCrypto.

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What Shibarium's low network activity means for BONE

The last two weeks were marked by a decline in Shibarium’s network activity. Bulls shunned BONE as selling activity intensified. Shiba Inu’s [SHIB] Layer 2 (L2) network Shibarium has witThe post What Shibarium's low network activity means for BONE appeared first on AMBCrypto.

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Aptos logs high network activity in Q3 - Here's what caused it

Aptos’ network activity grew significantly in Q3. This resulted in a corresponding uptick in protocol revenue during that period.  Proof-of-stake (PoS) Layer 1 (L1) blockchain network AptThe post Aptos logs high network activity in Q3 - Here's what caused it appeared first on AMBCrypto.

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Arbitrum ecosystem grows, but is it enough for ARB?

Arbitrum's ecosystem saw a surge in growth, while its activity and revenue rose as well. The price of ARB saw green, as its network growth fell. When it comes to layer 2s, the Arbitrum [ARB]The post Arbitrum ecosystem grows, but is it enough for ARB? appeared first on AMBCrypto.

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A look at what lies ahead for the Tron network

Tron outperformed other layer 1 networks in terms of activity. The price of TRX grew, however, sentiment around the token fell. Tron [TRX] has been one of the protocols that has gained a lotThe post A look at what lies ahead for the Tron network appeared first on AMBCrypto.

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Whales gather around Arbitrum - What's brewing?

Whales continued to buy ARB despite making a loss. Price movement remained steady. Activity on proposals remained high. Arbitrum [ARB] was one of the most successful layer 2 solutions in 202The post Whales gather around Arbitrum - What's brewing? appeared first on AMBCrypto.

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Solana: A primer on the performance of the Layer 1 blockchain in Q3

Solana's native coin witnessed a value uptick in Q3. User activity on the chain declined during the same period.  A new report from Messari revealed that leading open-source blockchain SolaThe post Solana: A primer on the performance of the Layer 1 blockchain in Q3 appeared first on AMBCrypto.

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Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test

The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.

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Shiba Inu Team Member Sends Crucial Message To Community And Exchanges

The Shiba Inu community has been markedly more active following the launch of the Ethereum Layer 2 network Shibarium. However, with this rise in activity has come a lot of bad actors trying to take advantage of the situation.

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Charles Hoskinson defends Hydra as Cardano DeFi thrives

Cardano (ADA) co-founder Charles Hoskinson has refuted claims that Hydra, the layer 2 scaling solution for the Cardano blockchain, has been unsuccessful. In an Oct. 5 video on social media platform X (formerly Twitter), Hoskinson revealed how Hydra has pivoted during the last three years and that measuring the network’s activity by transactions per second […] The post Charles Hoskinson defends Hydra as Cardano DeFi thrives appeared first on CryptoSlate.

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Polkadot To Increase Parachains By 10X, Will This Support Free-Falling DOT?

Polkadot, a platform aiming to drive blockchain interoperability, wants to increase the number of parachains from 100 to 1,000 in a planned upgrade. The network, which remains one of the most valuable by market cap, has, like most layer 1 networks, suffered from dropping user activity over the past months.

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Shiba Inu Whales Envision Massive Price Explosion With Trillions Of SHIB On The Move

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Shiba Inu Lead Shytoshi Kusama Claims There's No Bridge Issue: 'Funds Are Safu'

Shiba Inu's newly launched blockchain layer, Shibarium, faced unexpected technical challenges due to overwhelming surge in user activity

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Unraveling the mystery behind Coinbase's L2 meme invasion

Several memes emerged on the chain, driving a surge in network activity. Rumors went around that the Base chain could be temporarily restricted. When BuildonBase, Coinbase’s Layer Two (L2)The post Unraveling the mystery behind Coinbase's L2 meme invasion appeared first on AMBCrypto.

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Polygon Daily Users Surpass Ethereum, Solana As DeFi Activity Grows

Polygon has recorded one of the most significant growth trends among Layer 1 and Layer 2 blockchains over the last couple of weeks. As a result, the daily active users on the Layer 2 blockchain has risen rapidly to surpass daily users on some of the largest Layer 1 blockchain in the world. Polygon Daily […]

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Tracing the journey of Optimism as Layer 2 activity surges

Layer 2 activity began to surge materially over the last few months.  OP's price showed promise. However, network growth started to decline. The L2 sector has shown tremendous growth over tThe post Tracing the journey of Optimism as Layer 2 activity surges appeared first on AMBCrypto.

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Binance Integrates Lightning Network, Bitcoin Layer 2 Transactions Open

Binance has integrated the Bitcoin Lightning Network, enabling faster and cheaper Bitcoin transactions. The move follows a surge in Bitcoin network activity and high transaction fees earlier this year.

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Dwindling Optimism (OP) Value May Be A Result Of This Factor

Optimism (OP), a prominent Layer 2 network, is experiencing a noticeable decline in network activity as the hype surrounding meme coins takes a dip. Once bustling with vibrant transactions and a fervent community, Optimism now faces a subdued atmosphere as users shift their attention away from these speculative assets.

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Optimism renamed to OP Mainnet: Examining the implications

Optimism's single-round fraud-proof left it at a disadvantage compared to Arbitrum. OP's development activity fared better, but the TVL remained in ARB's favor. Layer Two (L2) scaling solutiThe post Optimism renamed to OP Mainnet: Examining the implications appeared first on AMBCrypto.

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Analyzing the performance of L2 solutions amidst market unrest

Layer 2 solutions like Arbitrum, Optimism and Polygon showed consistent growth. Polygon dominates the L2 sector with high activity. The recent lawsuits filed by the SEC against major cryptocThe post Analyzing the performance of L2 solutions amidst market unrest appeared first on AMBCrypto.

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As ATOM sees red, can Cosmos Hub help falling prices

New updates on Cosmos Hub may add liquidity to the protocol. Overall activity on the network declined, and ATOM was bearish. Cosmos Hub has been having difficulty competing with other layer The post As ATOM sees red, can Cosmos Hub help falling prices appeared first on AMBCrypto.

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Arbitrum Vs Optimism: Taking a look at who dominates the L2 sector

The L2 sector continued to see high activity; Arbitrum and Optimism showed improvements. Interest in tokens went on declining and prices fell. The Layer 2 (L2) space observed an increasing aThe post Arbitrum Vs Optimism: Taking a look at who dominates the L2 sector appeared first on AMBCrypto.

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Can Optimism compete in the layer 2 race with these new developments?

A new client program for the OP Stack ecosystem could prove to be beneficial for the Optimism protocol. The protocol falls behind other Layer 2 solutions in various areas such as activity and rThe post Can Optimism compete in the layer 2 race with these new developments? appeared first on AMBCrypto.

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Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy

Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%.

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Ethereum's Shanghai Upgrade Will Help Layer 2 Networks, Crypto Investor Says

Max Williams, chief operating officer at Runa Digital Assets, says secondary blockchains are “already trending well” and the upgrade will spur more activity.

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Waves releases update ahead of upcoming changes, here’s what to expect

Waves plans to release an EVM for layer 2 networks, which might trigger a resurgence in network activity. Its token struggled to regain momentum after a slow performance since mid-March. TheThe post Waves releases update ahead of upcoming changes, here’s what to expect appeared first on AMBCrypto.

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Layer 1 Blockchain Canto’s Daily Active Addresses and Transactions Dips 89% in February

In face of the recent drop in network activity, Canto’s total value locked has held steady at $189 million.

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No harm no foul for ONE holders despite Q4 performance

Harmony struggled as transactions and daily activity declined. New developments and increased volume provided hope for the future. Harmony [ONE], a layer 1 blockchain, faced several challengThe post No harm no foul for ONE holders despite Q4 performance appeared first on AMBCrypto.

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Polkadot: Some wins and some losses, assessing Q4 2022 performance

Polkadot closed Q4 2022 with a growth in its user activity. Despite the launch of nomination pools, staking on the network fell. Polkadot, the Layer 0 blockchain network, ended Q4 2022 with The post Polkadot: Some wins and some losses, assessing Q4 2022 performance appeared first on AMBCrypto.

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Polygon outpaces Ethereum in NFT transactions, but challenges loom ahead

Polygon outperformed Ethereum in NFT transactions, solidifying its layer 2 position. Despite growth in the NFT market, the network faced declining dApp activity and token volume. Polygon [MAThe post Polygon outpaces Ethereum in NFT transactions, but challenges loom ahead appeared first on AMBCrypto.

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Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters

Transactional activity can serve as a predictive indicator of forthcoming investor interest in any blockchain ecosystem.

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Layer 2 Ethereum Networks Flip L1 In Transactions Per Second

Layer 2 activity is ramping up and has surpassed Layer 1 Ethereum for some metrics, including transactions per second. The post Layer 2 Ethereum Networks Flip L1 In Transactions Per Second appeared first on BeInCrypto.

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Cardano: Assessing the state of ADA after its November plunge

Cardano ended November with the highest development activity ADA started December with the highest staked ratio amongst all Layer 1 tokens Leading layer 1 blockchain Cardano [ADA] closed NovThe post Cardano: Assessing the state of ADA after its November plunge appeared first on AMBCrypto.

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Protocols on Ethereum witness high activity, but what does it mean for ETH

Protocols and Layer 2 solutions on Ethereum continue to improve However, Ethereum’s state declines as network growth and velocity go down Ethereum is still in the process of recovering froThe post Protocols on Ethereum witness high activity, but what does it mean for ETH appeared first on AMBCrypto.

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Osmosis making enhancements to order book specific layer one network, Sei

Cosmos DeFi protocol Osmosis announced enhancements to its first order-book-specific layer 1 blockchain, Sei Network, to optimize on-chain order-book activity and trading via a Twitter thread published October 31.

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Optimism: Rally in on-chain activity, but holders are in losses, here's why

According to data from on-chain analytics platform Santiment, since its inception in May, OP, the native token of the Layer 2 scaling solutions provider Optimism, has registered growth in its on-chainThe post Optimism: Rally in on-chain activity, but holders are in losses, here's why appeared first on AMBCrypto.

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Arbitrum, its growing network activity, and everything latest to know

Ethereum layer 2 solution, Arbitrum is looking to rediscover its lost mojo in the crypto market. The roll-up solution is about to undergo a major Nitro upgrade which is scheduled for next week. But ArThe post Arbitrum, its growing network activity, and everything latest to know appeared first on AMBCrypto.

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Ethereum Is Making More Money Than Ever From Layer 2 Networks

With Layer 2 networks gaining significant traction in user activity, the gas fees Ethereum is raking in for renting its security are breaking record highs. Ethereum Profits From Layer 2...

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“Cardano Is Getting Too Big,” Says Hoskinson As ADA Network Flares With Activity Ahead Of Vasil Hardfork

Despite the crypto market being thrust into a brutal sell-off in the last seven or so months, the level of activity on the Cardano network has spiked, with hundreds of projects onboarding the Layer 1 network in preparation for the next bull phase.

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MetaVisa Introduces Decentralized Identity And Credit System For DAO And GameFi

MetaVisa is a layer three middle protocol built on Ethereum to become the metaverse’s decentralized identity and credit system. MetaVisa is helping users establish and display reliable on-chain identity and credit records by analyzing on-chain behavior preferences, credit history, address activity level, address correlation, asset holdings, and portfolio.

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Is Bitcoin leading the tussle among Layer 1, Layer 2 ecosystems

Due to increased adoption, general bullish sentiment in the crypto space and DeFi, transactional activity is at its highest average levels ever. Hence, the popularity of layer 2 solutions due to cheapThe post Is Bitcoin leading the tussle among Layer 1, Layer 2 ecosystems appeared first on AMBCrypto.

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How Bitcoin might get ahead of Ethereum before its PoS shift

Bitcoin's lightning activity has kept pace this time around. Since the beginning of March, BTC's 2nd layer payments protocol has seen parabolic growth in terms of activity. The number of BTC held on tThe post How Bitcoin might get ahead of Ethereum before its PoS shift appeared first on AMBCrypto.

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Loopring DEX Debuts Gas Free L2-to-L1 Transactions

Loopring, a decentralized exchange (DEX) platform has unveiled gasless transfers from Layer 2 (L2) to the Layer 1 (L1) environment. With Ether (ETH) fees prone to spiking during periods of peak activity, a lot of attention is moving towards L-2 adoption and allocating resources to sidechain protocols.

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