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Layer-2 Blockchains are Dead; Says Vitalik Buterin After SOL and BNB Supporters Pumped DTX Presale to $2.7M In Record Time

Press Releases Crypto News CryptoDaily UK Layer-2 Blockchains are Dead; Says Vitalik Buterin After SOL and BNB Supporters Pumped DTX Presale to $2.7M In Record Time

Layer 2 blockchains are under considerable criticism from various sects in the Defi community for their centralization and high fee issues. Justin Bons recently accused Ethereum-based layer 2 networks of stealing funds and Vitalik Buterin added that any L2s below stage 1 are dead to him and he won’t mention them publicly.

Though this paves the way for improved architectures and continuous development, many investors and developers are calling layer one networks the future. Following this demand, Solana (SOL) and Binance Coin (BNB) users, after a bullish rally post-FOMC, have pumped DTX Exchange’s presale to new highs as it made headlines with the launch of the first-ever hybrid L1 blockchain.

Solana (SOL) Price Pumps With 13% Bullish Weekly Surge

Solana (SOL) is one of the leading layer-1 blockchains with ground-breaking offerings, lower gas fees, and a vibrant community of meme tokens. Its record-breaking performance this year and a bullish reversal to secure a position above $145 after the FOMC meeting made it a top choice for bigger gains in the bullish market.

Solana (SOL) users are actively following other blockchains having similar growth potential and continue to participate in their community programs and presales. With a 13% weekly rise, many Solana (SOL) holders have come out of the reds and continue strategizing for further investments in new opportunities that can match SOL’s explosive success.

Binance Coin (BNB) Prepares for Massive Year-End Gains

Binance Coin (BNB) is a highly used asset for various purposes in the crypto sector, with a market cap of more than $85 billion. The bullish performance of Binance Coin (BNB) to surge past $590 this week has clouded its ongoing legal battles and has poised it as a top-tier crypto to buy for bullish market gains this week.

While the transactional volume is sky-h

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Author: Adrian Barkley

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