Kraken Joins L2 Fray ($)
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📸 Daily Market Snapshot: While bitcoin has already round-tripped most of yesterday's losses in trading today, ETH is still depressed with a more limited bounceback.
Prices as of 4pm ET | 24hr | 7d |
Crypto $2.32T | ↗ 2.3% | ↗ 1.3% | |
BTC $68,259 | ↗ 2.9% | ↗ 2.0% | |
ETH $2,531 | ↗ 1.1% | ↘ 2.6% | |
APE $1.15 | ↘ 5.2% | ↗ 63.6% |
One of the biggest trends in DeFi this past year has been the steady rise of Coinbase's Base network. But after surging into the pole position for L2s by total value locked (TVL), Base now has a pretty clear target on its back.
Kraken is ready to join the fray.
The centralized exchange is set to release a new rollup, "Ink," built on the OP Stack. Following the much-hyped announcement of Unichain, Kraken is now stepping into the growing Superchain ecosystem.
Let's dig into what Kraken is building with Ink, why they picked the Superchain, and how Ink plans to stand out in an increasingly jam-packed rollup ecosystem. 👇
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There's a new L2 on the block.
Optimism’s Ben Jones and Kraken’s Andrew Koller join us today to talk about Kraken’s latest release. Kraken is launching Ink, a blockchain built on the OP Stack, joining the Superchain to scale Ethereum.
Hear all of the analysis! 👇