Ethereum Layer 2 Boba Network integrates with Fantom and Moonbeam

Ethereum Layer 2 Boba Network integrates with Fantom and Moonbeam

Boba Network is a Layer 2 solution that leverages Optimistic Rollups, an off-chain computation layer to achieve faster and cheaper transactions for the Layer 1 network.

Boba Network has gone multi-chain by expanding to two other Ethereum-compatible chains: Fantom and Moonbeam. Boba Network currently has a TVL of approximately $82 million, ranked 6th in the top of the largest Layer 2 solutions on Ethereum, up one place compared to 2 months ago.

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