layer 2

(Alex Alvarez/Unsplash)
The Protocol: Meme Coins (and Pepe's Best Friend) Swarm Coinbase Layer 2 Chain
The meme coin frenzy that drove up activity – and failed transactions – on Solana appears to have quickly migrated to Base, Coinbase's six-month-old layer-2 blockchain. Who is...
(Alex Alvarez/Unsplash)

Messari
Layer-2 Blockchain Mantle’s Token Hits All-Time High as Reward System Goes Live
The rally in the MNT token pushed the market cap of the blockchain to over $4 billion.
Messari

BOB team (BOB)
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The fundraising round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
BOB team (BOB)

CEO of Espresso Systems Ben Fisch (Espresso Systems)
Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto
The leading shared sequencer firm said it would further invest in its products as well as additional hires.
CEO of Espresso Systems Ben Fisch (Espresso Systems)

Jesse Pollak, head of protocols at Coinbase (CoinDesk TV)
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
Coinbase is warning users of high fees and slowdowns as traders flock to new Base meme coins.
Jesse Pollak, head of protocols at Coinbase (CoinDesk TV)

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver. (Danny Nelson)
Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature
The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.
StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver. (Danny Nelson)

(Getty Images)
Optimism Finally Starts Testing 'Fault Proofs' at Heart of Design – and of Criticism
A version of the new proof system, which will help secure withdrawals from Optimism and other networks based on its tech, will be deployed to Optimism's Sepolia test network o...
(Getty Images)

Wallet (Allef Vinicius/Unsplash)
Layer 2 Blockchains Become Cheaper After Ethereum's Dencun Upgrade
The upgrade allows layer 2 solutions to store data in "blobs" instead of the expensive call data.
Wallet (Allef Vinicius/Unsplash)

Swell developed its rollup with AltLayer and EigenLayer. (Unsplash modified by CoinDesk)
Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked
Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer.
Swell developed its rollup with AltLayer and EigenLayer. (Unsplash modified by CoinDesk)

Screenshot from Nethermind's Dencun watch party (Nethermind/YouTube)
Ethereum Finalizes 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees
A key element of the upgrade is to enable a new place for storing data on Ethereum – referred to as "proto-danksharding," which gives room for a dedicated space on the blockch...
Screenshot from Nethermind's Dencun watch party (Nethermind/YouTube)