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Synthetix Ditches Layer-2s, Returns to Ethereum’s Mainnet
Yahoo Finance· 2025-12-19 22:16
DeFi derivatives protocol Synthetix is returning to the Ethereum Mainnet after a three-year stint on various Layer-2 networks. The move comes as a response to fragmented liquidity that saw its native token, SNX, fall approximately 83% since late 2024. This strategic shift signals renewed confidence in Ethereum’s ability to handle high-speed financial applications, a development that could reshape the DeFi landscape. Why is Synthetix Leaving Layer-2s? For years, high transaction fees on Ethereum pushed c ...
X @CryptoJack
CryptoJack· 2025-09-19 17:01
As Layer-2 solutions and #Ethereum upgrades promise faster transactions and lower fees, which projects are positioned to benefit most? Are you reallocating funds from older chains or diversifying across emerging technologies? 🌐 ...
X @Market Spotter
Market Spotter· 2025-08-25 09:00
Layer‑2 solutions scale #Ethereum effectively - are they part of your allocation? ...