Layer-2

Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.

Solana co-founder Anatoly Yakovenko told Ethereum Layer 2 users to "abandon all hope" of being quantum-safe over the weekend, citing fresh production hardening on Solana's Falcon-512 verification suite. The dig is more than tribal — the cryptographic argument has merit.

Coinbase's Base layer 2 network ran the 'Onchain Summer' campaign throughout summer 2024, driving total value locked to over $7 billion and daily transactions exceeding Ethereum mainnet volumes.

The Bitcoin Lightning Network's total capacity surpassed 5,000 BTC in early 2024, representing approximately $225 million in locked liquidity across over 15,000 active nodes.

Polygon migrated from the MATIC token to the POL governance token on September 4, 2023, completing a major rebranding initiative under the new Polygon Labs organizational structure.

Coinbase launched Base Layer 2 on August 9, 2023, an Optimism-based network that achieved $400 million in total value locked within weeks.