Layer-2 Chain Deposits Plummet Within First 24 Hours of Launch
Friday, 1 March 2024, 14:17
High Exit Rate on Debut
The layer-2 network, once hyped for its potential, experienced a drastic drop in deposited funds within the first 24 hours of going live. The initial $2.3 billion in deposits had dwindled significantly to $650 million, indicating a lack of confidence among users in the network's stability and reliability.
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