The Block Pro: L2 Total Lockups Up 6.4% YoY in September
On October 11, The Block Pro revealed data showing that total L2 lockups increased 6.4% YoY in September; the number of transactions on the L2 network fell 11.4%, breaking a four-month streak of growth and indicating a slowdown in user activity due to the market downturn. In addition, L2 operator revenues declined 37.1% YoY, while user transactions fell, raising concerns about the sustainability and decentralization of operator node networks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS: The US dollar faces asymmetric structural downside risks
Trending news
MoreAnxiety over the threat of artificial intelligence is rising, and a sudden loss of confidence in private credit bets has led to another sharp decline in the stock prices of banks and asset management companies.
A certain exchange recently issued an announcement stating that users on its platform may experience degraded service performance when using the Lend, Borrow, and Dex (decentralized exchange) functions.
Crypto prices
More
