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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

$1,816.79
+2.12%
24h Volume

$13,716,689,458.47

24h H/L

$1,833.40 / $1,728.95

Change: $104.45 (6.04%)

Long/Short
63.5%
Long: 63.5%Short: 36.5%
Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,792.72

0.40%

Volume (24h): -

Resistance Levels
Resistance 3$1,982.72
Resistance 2$1,869.64
Resistance 1$1,807.20
Price$1,792.72
Support 1$1,747.45
Support 2$1,679.06
Support 3$1,615.03
Pivot (PP):$1,775.56
Trend:Downtrend
RSI (14):58.1
CS
CoinDesk Staff
(01:52 PM UTC)
1 min read
EW
Verified byEmily Watson
567 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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