Layer 2 ecosystem is entering a consolidation phase, with the number of closed networks surpassing new ones.

GateNews

2026-03-19 19:37:12

Gate News Report, March 19 — The Layer 2 blockchain ecosystem is currently undergoing an integration phase, with a trend showing more networks shutting down than launching new ones. This phenomenon is mainly observed in chains with a total value locked (TVL) of at least $100,000. Market tightening has led to projects lacking sufficient appeal or funding support being unable to sustain operations, ultimately choosing to shut down.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments