Weekly Layers 1 & 2 Update (Week 22, 31/05/2022 – 06/06/2022)

Key Takeaways The Solana (SOL) network was halted for four hours due to a bug related to durable nonce transactions. Despite this recent stoppage, Alchemy announced support for Web3 application development for Solana-based apps. Ethereum (ETH) adoption and accumulation grows ahead of the Merge, with 1.4M addresses holding at least 1 ETH. Optimism (OP) experienced […]

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Key Takeaways

Highlights

Layer 1 Project Metrics

Screen Shot 2022 06 07 At 17.29.14
Sources: Coingecko, Etherscan, Ethernodes, Cardanoscan, Avascan, Solana Beach, FTMscan, BSCscan, CronoScan, Cronos Explorer, DeFi Llama

Layer 2 Project Metrics

Sources:  DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer, Andromeda Metis Explorer
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