1. Home
  2. liquidity fragmentation

liquidity fragmentation

Andre Cronje critiques appchains: High costs and liquidity challenges

While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.

Andre Cronje, the co-founder of Sonic Labs, has critiqued layer-2 (L2) appchains, claiming they are impractical for builders. 

In an Oct. 13 X post, Cronje raised concerns about high infrastructure costs, fragmented liquidity and insufficient support for developers. He suggested these challenges hinder the widespread adoption of appchains.

Appchains are customized blockchains designed to meet the specific needs of decentralized applications (DApps) or a particular set of functions.

Read more

Pastor Lorenzo Sewell Launches His Own Meme Coin

Binance Labs Invests in Modular Layer-1 Blockchain Project Particle Network

Binance Labs Invests in Modular Layer-1 Blockchain Project Particle Network

The venture capitalist arm of the world’s largest crypto exchange by volume says that it’s investing into a modular Cosmos (ATOM)-based layer-1 project. In a new blog post, Binance Labs says it’s investing an unspecified amount into Particle Network as a means of addressing user and liquidity fragmentation, which is when available trading volume is […]

The post Binance Labs Invests in Modular Layer-1 Blockchain Project Particle Network appeared first on The Daily Hodl.

Pastor Lorenzo Sewell Launches His Own Meme Coin