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L2 ecosystem crosses $5.5B in TVL thanks to Boba network’s 570% rise
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ambcrypto.comLayer-1 and Layer-2 scaling solutions are two sides of the same crypto coin. Even though the former makes the base layer of a network, the latter (off-chain) plays a vital role. Mainly for protocol innovation and the ability to solve the bigger problems that the crypto community is facing. This paves a path for long-term success in the ecosystem.
Now, the emergence of layer-two technology such as Arbitrum, Optimism, and other L-2 tokens are revolutionizing the way investors, builders and developers interact with various protocols.
Layer 2s, which make Ethereum transactions more affordable and faster by executing them off the Layer 1 mainnet, are showing signs of mounting a rally of their own.
According to data from L2Beat – an L2 comparison
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Central bank acknowledges Russia’s leading role in crypto industry, outlines major risks ambcrypto.com /2 years ago
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