State of Scaling Issue 1: dYdX, Arbitrum, Optimism
Quick Take
- In this new bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding
- Optimism has seen a significant spike in activity since the launch of its native governance token on June 1 but that is trending down together with the bearish sentiment of the markets
- Arbitrum paused its 8-week Odyssey in its second week as a result of surging gas prices, reported exceeding that of Ethereum’s
- dYdX has announced their planned migration to a native chain on Cosmos instead of remaining as a zk-rollup on Ethereum
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Author: Arnold Toh
