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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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XRP Testing the July Ascending Trendline. Here’s What Is Next
XRP has returned to a key support level after retreating from a recent local high near $1.16. Analyst BankXRP (@BankXRP) shared a chart showing the token testing an ascending trendline that h
Ripple Unveils RLUSD Mint Platform for Institutions
Ripple Mint enables institutions to mint, redeem, bridge, and monitor RLUSD through a web interface or API. Ripple expanded RLUSD to multiple networks, including Base, Optimism, Unichain, Ink
Bitcoin Whales Recover but Short-Term Holders Sink
Key Takeaways Small whales have returned to unrealized profit. Short-term holder market cap broke its 2024 low. Exchange netflow reached positive 5,044 BTC. Open interest rose as funding turn
MARA Holdings CEO Says AI Data Center Revenue per Unit of Power Beats Bitcoin Mining
MARA Holdings' chief executive said AI data center revenue per unit of power now exceeds what the company earns from bitcoin mining, a comparison that puts power economics at the center of ho
Worldcoin Price Sinks 10% as Pantera Buys $52.5M in WLD
World Foundation raised $52.5 million in a Pantera-led WLD token sale with a one-year lockup. On-chain data points to an implied sale price well below WLD’s spot market level. WLD fell close
HOOD Stock Slips Amid Robinhood CEO’s X Hack & Scam Token Promotion
Key Insights: HOOD stock fell 2.78% after Robinhood CEO’s X account was hacked. Fake VLAD logged 1,868 transactions before being flagged as a scam. Hack-linked wallets reportedly extracted ab
Bitcoin ETF Sees $225M Outflow as BTC Price Slips Below $65K
Key Insights: Bitcoin ETF outflows reached $225.2 million on July 23. Bitcoin fell below $65,000 as U.S. equities weakened. Ether funds attracted $26.3 million during the same session. U.S.-l
Crypto Bull Market: Bitwise CIO Sees Hyperliquid and Robinhood Leading Next Cycle
Key Insights: The crypto bull market could favor platforms linking real revenue with token value, Matt Hougan said. Hyperliquid crossed $1 billion in lifetime revenue and directs nearly all r
Ripple Mint Launches Institutional RLUSD Management Platform
Key Insights: Ripple Mint unifies RLUSD minting, redemption, and liquidity tools. Institutions gain web access, APIs, and real-time transaction alerts. RLUSD now operates across seven support
Nexchain vs NEAR, Render & Bittensor: Which AI Blockchain Has Upside?
Nexchain vs Other AI Blockchains: Is Early Layer 1 Access Worth? AI is one of crypto's biggest stories right now. New projects launch each month. Most people only hear about a project once it
LMAX Explores Nasdaq Listing or Sale at Valuation of Up to…
Why Is LMAX Reviewing Strategic Options? Institutional trading platform LMAX Group is evaluating a possible sale or public listing that could value the London-based company at up to $5 billio