Tron and Solana are the revenue kings...
Global blockchain networks earn $17.51M in fees each week, and three chains account for more than 70% of that total, according to data from @chainspect_app. Tron, Solana and BNB Chain dominat
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Layer 2
News, analysis, and explainers connected to Layer 2 across the CryptoCompass archive.
Latest Layer 2 Stories
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Hong Kong broker Futu now lets clients move BNB in and out
Nasdaq-listed brokerage Futu has opened $BNB deposits and withdrawals for eligible professional investors in Hong Kong, allowing clients to move the token between self-custody wallets and Fut
HSBC Makes its Biggest Retail Stablecoin Play Yet
HSBC (@HSBC) has launched RedCoin, its first Hong Kong dollar stablecoin, through its PayMe platform. The token, which carries the ticker $RCHKD, is the bank's most visible move yet into reta
Aster rolls out USDC perps markets on Arc
@Aster_DEX, the exchange behind $ASTER, now runs Bitcoin, Ether and Solana perpetual futures quoted in $USDC and backed by USDC deposited on @arc. Arc says this makes the stablecoin a trading
Developers are flocking to the Hedera blockchain...
Developer activity around Hedera is climbing. According to Chainspect data, the number of developers on the @hedera network has risen by more than 57% over the past seven days, while the numb
Ethena’s USDe goes native on OKX’s X Layer, with Aave first in line
@ethena, the protocol behind $ENA, has made its USDe dollar token native on @XLayerOfficial, the layer 2 network run by OKX. Users can hold and swap the token across the chain. The first inte
Initia exploiter shifts over $2.7 million in ETH seconds after network halt
On Friday, an address tied to the Initia exploit sent about 1,135 ETH, worth more than $2.7 million, to a second Ethereum wallet.Initia halted both its Layer 1 and all its rollups at 15:41:30
Gold and Silver Price Predictions for Today (October 24) – Crash Continues?
Gold and silver are heading into October 24 under heavy selling pressure, with both metals testing levels that looked distant only a few weeks ago. Gold has fallen to roughly $4,003 after bri
China sets 2030 target for national blockchain network and regional hubs
China has set a 2030 target to largely complete a national blockchain network, placing a central backbone, regional hubs, and distributed digital identity services in its latest five-year inf
Initia halts blockchain and rollups after reported $2.6M exploit
Initia has halted its layer-1 blockchain and rollups after security researcher Spreek reported unauthorized token minting and approximately $2.6 million cashed out by an attacker. Summary Ini
HSBC Makes its Biggest Retail Stablecoin Play Yet
HSBC (@HSBC) has launched RedCoin, its first Hong Kong dollar stablecoin, through its PayMe platform. The token, which carries the ticker $RCHKD, is the bank's most visible move yet into reta
Developers are flocking to the Hedera blockchain...
Developer activity around Hedera is climbing. According to Chainspect data, the number of developers on the @hedera network has risen by more than 57% over the past seven days, while the numb