Community Articles

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

$2,689.01

+0.39%

$2,689.01

+0.39%

(24s)

24h Volume

$10,789,908,060.36

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live ETH price →More ETH news →

Comments