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via CoinDesk · By CoinDesk Staff

Ethereum (ETH) news: Not all layer 2s are dying, but many no longer have a reason to exist

ETH

ETH/USDT

$2,455.28

-2.83%

$2,455.28

-2.83%

(24s)

24h Volume

$9,683,177,509.17

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short

60.1%

Long: 60.1%Short: 39.9%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,458.24

▲ 0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,458.24

Support 1$2,445.59

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.8

CoinDesk Staff

(01:52 PM UTC)

1 min read

Verified byEmily Watson

0 comments

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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Source

CoinDesk Staff · CoinDesk

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