Tag #Layer 2
10 stories09.10
Blast and Abstract couldn't cover the cost of running their chains. Here are the rivals with even smaller fee revenues
Blast and Abstract are preparing to close, but some surviving rivals collect even less in transaction fees.
06.10
Founders Fund-backed Abstract shuts down four days after Blast, citing the same broken L2 economics
Abstract was supposed to prove a consumer-first blockchain could win without chasing DeFi liquidity. Less than two years after launch, that bet is ending.
28.09
Buterin says Ethereum may need a decentralized layer. And it's not a blockchain
Vitalik Buterin is floating a new layer between Ethereum and its users, though this one wouldn't be a blockchain.
18.07
$44,500. That's how much Ethereum Layer-2 gas fees have brought to mainnet since late 2025
Layer-2 rollups have paid Ethereum less than $45,000 in blob fees since the Fusaka upgrade.
29.06
Robinhood Chain mainnet rumors heat up as data miners point to launch setup
Robinhood Chain mainnet rumors are heating up after data miners found more public clues, though Robinhood hasn't confirmed a launch date yet.
28.06
Ethereum zkRollup pioneer Loopring shuts down its DEX
Loopring shut down its decentralized exchange, saying its first-generation zkRollup design was outpaced by newer Ethereum-compatible zkEVMs.
10.06
Bitcoin DeFi layer Botanix shuts down one year after mainnet launch
Botanix shuts down its network after a four-year bet on tokenless Bitcoin DeFi failed to generate enough real usage.
27.05
DefiLlama MegaETH TVL cut draws pushback from economics lead
MegaETH TVL is under scrutiny after DefiLlama said it removed some TVL for a chain "that was inflating it."
22.05
MegaETH points program abruptly ends three weeks after launch
The developers said they decided to sunset points "after reviewing data," though they didn't disclose which metrics pushed them to shut the campaign early.
21.05
Zerion-backed L2 Zero Network shuts down after TVL falls 90%
A gasless blockchain tied to the Zerion wallet is giving users until July 31 to bridge funds out before block production stops.
