Ethereum's layer-2 dream is fading đ
Pudgy Penguins' Abstract just became the SECOND Ethereum layer-2 to shut down in a week, CoinDesk reports. The fallout hit fast: $OP fell 10% to $0.1215 â the worst performer in the CoinDesk 100. $ARB dropped 7% too.
Even PENGU, tied to Abstract's parent, sank over 7%. Two dead L2s in seven days is not a great look for the whole sector. Which L2 token do you still trust?
#Ethereum #Altcoins #CryptoNews
Pudgy Penguins' Abstract just became the SECOND Ethereum layer-2 to shut down in a week, CoinDesk reports. The fallout hit fast: $OP fell 10% to $0.1215 â the worst performer in the CoinDesk 100. $ARB dropped 7% too.
Even PENGU, tied to Abstract's parent, sank over 7%. Two dead L2s in seven days is not a great look for the whole sector. Which L2 token do you still trust?
#Ethereum #Altcoins #CryptoNews
