Layer 2 Networks Hit Record Volumes as Crypto Sectors Diverge in May 2026
Layer 2 networks reached record transaction volumes in May 2026 while decoupling from broader crypto trends. Optimism's OP Stack powers 34 chains that
Layer 2 networks reached record transaction volumes in May 2026 while decoupling from broader crypto trends. Optimism's OP Stack powers 34 chains that
CME Group will launch Nasdaq CME Crypto Index futures on June 8 2026 as its first market-cap weighted contract The index includes Bitcoin, Ether and XRP
Ethereum Layer 2 networks achieved 1.54 million daily transactions, surpassing mainnet Ethereum volume by 48 percent. L2BEAT data recorded 22.
Ethereum L2 networks reached record volumes in May 2026 while altcoins lagged. Base coinbase processed more than 30 percent of U.S. stablecoin transactions
Euro stablecoin market cap reaches an all-time high of $774.2 million as of May 13 2026. 66 percent of EUR stablecoin supply sits on Ethereum according to
Surging AI token costs and usage-based billing create budget volatility for Ethereum layer 2 projects in May 2026. Microsoft's June 30 cancellation of
Ondo Global Markets reached $1B TVL in tokenized stocks less than eight months after launch. Bitmine executed its largest 2026 Ethereum purchase of 111942
XRPL Foundation published the AMM Swappable Curves draft on May 26 to expand the native automated market maker with three pricing curve options.
Solana holds the critical $79 multi-year support zone after falling from $98, with analysts targeting a rebound to $110-$120 if accumulation continues.
DTCC will connect its tokenization service to Stellar, with DTC-tokenized assets expected on the network in the first half of 2027 Tether's USAT stablecoin
Ethereum's Pectra upgrade activated in May 2026 with EIP-7702 centered on account abstraction Whale wallets holding 100K+ ETH reached record levels during
Christoph Jentzsch, a veteran Ethereum developer with no formal ENS governance role, has proposed shutting down the ENS DAO entirely, as reported by