Ethereum rollups are reshaping blockchain scalability. Top contenders like Arbitrum, Starknet, Nervos, and Blast optimize speed, reduce costs, and enhance efficiency.
Current price: $0.7696
Market cap: $3.43B
Arbitrum solves Ethereum's scalability problems efficiently. It applies optimistic rollups to increase speed scale and reduce costs on the Ethereum platform. Moving most of the computation and storage to layers squeezed between the layers of Ethereum.Hence reducing the gas fees and speeding up the transactions of applications built on the Ethereum platform. The Arbitrum DAO gives power to ARB holders to help in shaping the future of the platform through protocol development and election of its Security Council.
Current price: $0.4853
Market cap: $1.09B
Starknet emerges as an Ethereum Layer 2 solution that leverages zero-knowledge rollups to reduce gas costs while maintaining transaction security and speed. Powered by STARK cryptography, Starknet’s decentralized validity rollup supports high transaction throughput, making it ideal for applications that require substantial scalability. Starknet’s programming environment, Cairo, enables developers to create diverse applications while preserving Ethereum’s security features. With its developer-focused resources and focus on improving transaction efficiency, Starknet enhances the functionality of Ethereum-based dApps.
Current price: $0.01189
Market cap: $543.17M
Nervos Network (CKB) enables peer-to-peer cryptocurrency solutions and secure decentralized services. Its architecture includes a base layer for smart asset storage and consensus, alongside a computation layer for processing transactions.
The platform’s base layer, known as the Common Knowledge Base, is powered by CKByte (CKB) cryptocurrency. It utilizes Proof-of-Work for security, ensuring efficient operations for developers creating decentralized applications.
Current price: $0.009299
Market cap:$221.8M
Blast is a unique layer-2 solution that distinguishes itself by offering native yield on ETH and stablecoins. Unlike other layer-2 solutions that provide a default interest rate of zero, Blast delivers a yield of 3.4% for ETH and 8% for stablecoins. This innovative model allows developers to build competitive products by leveraging yield and gas revenue sharing, providing additional incentives for users to engage with the platform