Source: iStock METIS, the native cryptocurrency of the layer 2 network Metis, experienced a surge of up to 50% in the past 24 hours, driven by the buzz surrounding a recently revealed grant that is making rounds in the crypto community. In mid-December, the MetisDAO Foundation, responsible for the development of the Metis network, announced…
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As the broader crypto market slows down after weeks of price surges, a number of tokens on Uniswap (UNI) continue to remain key performers, drawing the focus of both investors and traders. One of these top performs is METIS, which has seen its value reach $50, increasing by more than 32% in just one day.…
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Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees. Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts,…
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Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis. Decentralized liquidity protocol Aave has deployed on Ethereum (ETH) layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem. Aave’s community recently voted in favor…
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On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.” Boba Network Integrates With the Avalanche PoS Blockchain Boba Network, the layer two (L2)…
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