Key Takeaways

Highlights

Layer 1 Project Metrics

* % change is based on the difference between two subsequent bi-weekly periods
† Sum of P, X and C-chain total transactions
 ‘–’ denotes missing, unavailable, or incomplete data
Sources: Coingecko, Etherscan, Ethernodes, Cardanoscan, Avascan, Solana Beach, FTMscan, BSCscan, CronoScan, Cronos Explorer, DeFi Llama

Layer 2 Project Metrics

* Figure refers to Lightning nodes with active channels
† Ronin is the sidechain developed by Sky Mavis for Axie Infinity
 ‘–’ denotes missing, unavailable, or incomplete data
Sources:  DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer, Andromeda Metis Explorer

Author

Research and Insights Team

26 Jul 2022|MARKET UPDATES

Layers 1 & 2 (Week 29, 19/07/2022 – 25/07/2022)

Vitalik Buterin: Ethereum would only be roughly “55% complete” following its transition to Proof of Stake. Sustainable BTC mining power mix hits 59.5%. Polygon launches zkEVM layer-2 solution.

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