Synthetix Ditches Layer-2s, Returns to Ethereum’s Mainnet

DeFi derivatives protocol Synthetix is returning to the Ethereum Mainnet after a three-year stint on various Layer-2 networks. The move comes as a response to fragmented liquidity that saw its native token, SNX, fall approximately 83% since late 2024. This strategic shift signals renewed confidence in Ethereum’s ability to handle. . . source: https://99bitcoins.com/news/altcoins/synthetix-ditches-layer-2s-returns-to-ethereums-mainnet/