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
WTI April crude oil futures closed up $1.81, or 2.78%, at $67.02 per barrel.
Data: If BTC breaks $68,773, the cumulative short liquidation intensity on major CEXs will reach $1.759 billions.
LME copper futures closed up by $39, at $13,344 per ton.
Trending news
MoreCrypto prices
More
