Cryptory.net - Ethereum Layer 2 native token Metis (METIS) started to increase on Monday, shortly after the project announced the creation of the Ecosystem Development Fund.
A new layer-2 chain called opBNB has been introduced by the blockchain founded by Binance, although some argue that there are alternative ways to scale the network.
While the Ethereum network and its users continue to suffer the high fees of layer-1 blockchain, various layer-2 (L2) solutions are being noticed to solve the problem.