Layer 2 Solutions

Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

cryptosheadlines1 month ago01 mins

Andre Cronje, co-founder of Sonic and yearn.fi, criticized the growing trend of creating Ethereum Layer 2s designed and tailored for a specific protocol or decentralized finance app (Appchains). Cronje detailed that this approach had many downsides, including the lack of infrastructure, zero possibilities of receiving support, centralization, fragmentation of liquidity, and the lack of a…

Ethereum Faces Challenges as Price Stagnates: Coinbase Report

cryptosheadlines2 months ago01 mins

Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency’s current performance. Coinbase Institutional: Ethereum Lags Behind Crypto Peers In its September 2024 outlook, Coinbase researchers pointed out that the cryptocurrency market is…

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Sonic Co-Founder Andre Cronje Criticizes Ethereum L2 Appchain Adoption

Ethereum Faces Challenges as Price Stagnates: Coinbase Report