OKX launches ETH layer-2 network X Layer following Coinbase’s Base success
[ad_1] Crypto exchange OKX finally opened its Ethereum layer-2 network X Layer mainnet to the general public on April 15. The scaling solution’s testnet was launched in November 2023 to much acclaim and was built with Polygon’s Chain Development Kit (CDK). This toolkit empowers developers to construct their chains using zero-knowledge technology. OKX Chief Marketing Officer Haider […]
Rivalries among Ethereum layer-2s threaten the ecosystem’s future, says Polygon CEO
[ad_1] Polygon Labs CEO Marc Boiron believes that the intense rivalry between Ethereum layer-2 networks is the “biggest problem” facing the second-largest digital asset by market capitalization. In an April 7 post on social media platform X, Boiron emphasized how the competition between these networks has led to Ethereum cannibalizing itself continuously. He explained: “Ethereum’s […]
Polygon Labs CEO sees layer-3s like new Degen Chain as a risk to Ethereum
[ad_1] Polygon’s CEO Marc Boiron emphatically stated that the layer-2 network was not considering developing layer-3 protocols because of the potential risks they pose to Ethereum’s security. Boiron made this statement on the back of the early success of Degen Chain, a layer-3 network running on the Coinbase-backed scaling solution Base. Layer 3 protocols enhance […]
Polygon PoS Sidechain leads Ethereum’s scaling revolution with Napoli hard fork
[ad_1] Polygon PoS implements Napoli hard fork, integrating Dencun upgrades and RIP-7212. RIP-7212 introduces precompile support for secp256r1 curve, enhancing interoperability. The collaborative effort among Layer 2 projects signals a collective push for Ethereum scaling. Polygon PoS sidechain has propelled Ethereum’s scalability efforts with the successful execution of the Napoli hard fork, marking a significant […]
LTC, ARB and MATIC price outlook amid US debt limit deal
[ad_1] LTC bulls need to break above $93, a key hurdle below the psychological level of $100. MATIC must reclaim $1 to target the $1.30-$1.50 range, or risk dip to $0.75. Elsewhere, ARB is near a key resistance level as Arbitrum price jumps 3.9% amid the market’s reaction to US debt ceiling news. The US […]
Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value
[ad_1] The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols, including Arbitrum, Polygon, and Optimism. According to CryptoSlate’s data, the sector has surged by approximately 5% in the last 24 hours, reaching a total market capitalization […]
Buyers Rush Last Opportunity on Rebel Satoshi ($RBLZ) Presale as Injective (INJ) and Polygon (MATIC) Record Gains
[ad_1] TLDR $RBLZ offers 150% gains before the upcoming launch. INJ is set to continue its bullish trend. MATIC could increase toward the $1.05 range. Rebel Satoshi ($RBLZ) investors await the official launch on DEXes on March 4. Let’s see if this revolutionary meme coin has the potential to compete against Injective (INJ) and Polygon […]
3 altcoins to watch this week: Polygon, Frax and Memeinator
[ad_1] Polygon (MATIC) rebranding to POL could be a bullish catalyst. Frax (FXS) is launching its layer-2 blockchain, potentially buoying price outlook. Memeinator (MMTR) presale has reached stage 15 as meme coin looks to dominate market upon launch. The past week saw cryptocurrencies surge as Bitcoin broke above $48,000. While BTC price has retreated below […]