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Ethereum (ETH) news: Not all layer 2s are dying, but many no longer have a reason to exist
ETH
ETH/USDT
$1,880.18
+0.04%
$1,880.18
+0.04%
(24s)24h Volume
$1,626,965,329.93
24h H/L
$1,886.58 / $1,877.01
Change: $9.57 (0.51%)
Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate
+0.0045%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:52 PM UTC)
1 min read
In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.
When Zero Network announced it was shutting down last month, the reaction across crypto was weary: Another Ethereum layer-2 just bit the dust.
The closure joined a growing list of struggling rollups and came amid renewed debate about whether Ethereum's sprawling layer-2 ecosystem has…
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