Layer 2 Weekly Roundup #91
Welcome to the latest edition of the Layer 2 Weekly Roundup.
Every week, this newsletter covers the latest and most important updates from across Ethereum’s Layer 2 ecosystem.
Catch up on the previous edition HERE
Protocol Updates
@Starknet - Starknet just got cheaper with v0.13.5. This upgrade features the powerful Stateful compression, ensuring that Starknet remains cost-efficient, even as demand for Ethereum blobs increases.
@arbitrum - Arbitrum Foundation’s 2024 Transparency Report is live. Dive into how the key initiatives played an important part in driving Arbitrum’s growth and the impact it made on the ecosystem.
@Optimism - Optimism welcomes USDT0 to the Superchain. USDT0 is one of the first assets that can seamlessly move across Superchain networks, starting with Optimism Mainnet and Ink, and expanding to more chains soon.
@Celo - Celo is officially an Ethereum Layer 2 built on Optimism’s OP Stack with EigenDA, following a successful hard fork led by core contributors at @cLabs.
@Starknet - Noir devs can now leverage Starknet’s scalability for their ZK-powered applications. With Garaga SDK, you can verify Noir proofs on Starknet without writing a single line of Cairo.
@OptimismGov - The Optimism Governance team dropped three new Foundation Missions to help accelerate the Superchain by leveraging Superchain Interop — including EIP-7702 UX & Developer Tooling, ERC-7683 Integration with Native Interoperability and Interop Oracle Standards & Infra for OP Superchain.
@taikoxyz - Taiko have announced Based Preconfirmations are coming with the upcoming Pacaya upgrade on the Hekla testnet. This upgrade will pave the way for preconfirmations on Taiko Alethia Mainnet.
@taikoxyz - Taiko have released a new Hekla taiko-client hotfix for the upcoming Pacaya hard fork — if you’re running a Hekla testnet node then follow the steps outlined as soon as possible.
@growthepie_eth - growthepie have pushed a release that includes a number of new ways to track your favourite projects across the Ethereum ecosystem — including weekly engagement metrics, top applications and more.
Ecosystem Highlights
@eco - Introducing Eco to Base — a network for apps that use stablecoins or need stablecoin liquidity. Eco provides a frictionless stablecoin experience that accelerates user onboarding and streamlines money movement onchain.
@getaxal - Axal are creating a network of verifiable agents to automate actions on Abitrum. This will include everything from custom portfolio management to offchain tasks like sports betting and trip planning.
@rainbowdotme - Rainbow Token Launcher is now live — launch your own token on your favourite EVM chains, and airdrop tokens to friends and communities.
@STP_Network - AI-driven Worlds powered by AWE have launched on Base. Using the AWE, users can create their own agents and engage with AI Agents in real-time that are living, socializing and evolving in the worlds.
@Alterscope - The Alterscope Testnet is live on Arbitrum, in collaboration with EigenLayer and Alchemy. Alterscope is bringing real-time, decentralized risk management to DeFi and agent platforms.
@Scroll_ZKP - PumpSwap is now live on Scroll — create your own liquidity pool, add to existing liquidity pools, trade all PumpSwap tokens with zero wait time.
@hashflow - hashflow, the RFQ Liquidity Layer, is now live on Base. No slippage. No MEV. Just pure, institutional-grade liquidity.
@Moca_Network - Mocaverse have teamed up with Soneium to launch Anime ID — a decentralized identity and reputation layer that will revolutionize user engagement in web3.
@DigiSharesDK - @realestatebrick has launched the first trading platform for tokenized real estate on Polygon. Investors can now easily trade tokenized real estate on a regulated market, unlocking liquidity in the world's largest asset class.
@gaib_ai - GAIB’s AI Synthetic Dollar (AID) has launched on Arbitrum. GAIB’s vision of financializing AI compute unlocks a new era of decentralized innovation.
@PowerTradeHQ - PowerDex is live on Base. PowerDex provides a next-level DeFi options trading platform that helps you manage market conditions efficiently.
@RenzoProtocol - Use ETH, WETH, or wstETH to mint ezETH on Arbitrum.
@wmchain - @PwC and @SKChainAdvisors are deploying an enterprise-grade SSI solution on World Mobile Chain — the first Layer 3 blockchain for telecoms.
Articles and Threads
@Scroll_ZKP - Dive into Scroll’s latest Stable School lesson where they break down the entire process of using stablecoins.
@taikoxyz - Taiko explores Ethereum's transition from an execution-centric to a data availability-focused network, including the implications for its value proposition and future scalability in this article.
@fuel_network - @0xbuchi and @saniyamore explore how FuelVM's register-based design is changing the game in this comprehensive thread.
Media - Spaces and Podcasts
@Token_Relations - Token Relations were joined by Optimism’s Head of Governance, Justine, to discuss the ecosystem’s approach to governance and how Superchain partners support the growth of the Optimism Collective.
@arbitrum - Hosted a Space with @LitProtocol to celebrate their launch.
@DIAdata_org - Sat down with @allred_chase and Vishnu from Arbitrum to discuss why Arbitrum is the perfect match for DIA Lumia.
@swellnetworkio - Swell were joined by Joe from King Protocol and Tao from Velodrome to dive into the latest restaking opps available for LP's on Swellchain.
@EspressoSys - Espresso held their first Community Call this week to discuss their community vision, creator program, Espresso ELI5, and more.
Events
@base - Based meetups are happening all over the world! Join them for an evening in your city, to explore how creators are bringing their work onchain.
@swellnetworkio - The Swell Hackathon is live on TAIKAI. Compete for $40k in prizes by innovating in restaking, AI, DeFi and more — registrations are open from now until April 25th.
@arbitrum - Join the Arbitrum team at ArbiLink in Hong Kong on April 7th. Connect with ecosystem builders and enjoy a day filled with hands-on builder workshops from @OffchainLabs, @webisopen, @apecoin and alloyx.
@fuel_network - Fuel, along with @OnlyDust_com, are inviting and rewarding open source contributions to their ecosystem with $15,000 in grants.
@StarkWareLtd - The Starknet Hacker Games will begin on the 10th of April — a 5 day elimination-style hackathon to test your creativity, execution, and grit.
@cantinaxyz - Cantina are working with Optimism and OP Labs to secure their next scalability improvement: Superchain Interop. OP Labs are inviting whitehats and developers to their audit contest running from now until April 7th.
@taikoxyz - Taiko are calling all dev studios and builders to build an app/wallet that allows users to earn XP by completing real-life achievements.
@arbitrum - Join the Arbitrum team in Tokyo on April 10th for a panel discussion on the intersection of AI and Blockchain and connect with the local community.
Metrics and Stats
Sum of all value locked in the L2 ecosystem.
User operations of Rollups on Ethereum, including regular transactions and actions bundled into a single transaction.
Number of unique addresses interacting with one or multiple Layer 2s weekly.
The number of daily transactions executed by users/smart contracts.
How much does it cost to transact on Layer 2?
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!