The global non-fungible tokens (NFTs) market was valued at USD 24.78 billion in 2022 and is expected to grow at a robust CAGR of 32.6% during the forecast period. With the increasing acceptance of digital collectibles, expanding use cases across industries, and rising investor interest, the NFT ecosystem is witnessing unprecedented momentum. This surge is propelled by the convergence...

As decentralized applications (DApps) continue to gain traction, scalability and performance remain critical challenges. Layer 1 blockchains like Ethereum, while secure and decentralized, often face limitations such as high transaction fees, low throughput, and latency due to network congestion. Layer 2 blockchain solutions have emerged as a powerful way to address these issues, enhancing...