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Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Kryll³ has announced that the KRL token is now available on Base, Optimism, and Arbitrum. This strategic evolution, requested by the community on the project’s DAO, aims to offer Kryll users improved accessibility, reduced transaction costs and greater accessibility within the crypto landscape. This expansion is a key milestone for Kryll³, as it significantly improves the accessibility and usability of the KRL token. By extending to multiple networks, Kryll³ makes it easier for users to acquire, hold, and use KRL, ultimately simplifying its adoption and strengthening its role within the ecosystem. What Are Ethereum Layer 2 Networks? Layer 2 networks are solutions designed to improve the scalability of Ethereum by processing transactions off-chain while still relying on Ethereum’s security. By bundling multiple transactions before finalizing them on Ethereum, Layer 2 networks offer faster processing times and significantly lower fees. For Kryll users, this translates to cost-effective transactions when moving assets or interacting with DeFi protocols. Integrating KRL with Layer 2 solutions is part of Kryll³’s vision to simplify crypto adoption for its community. Why Expand to Multiple Blockchains? By integrating KRL with Base, Optimism, and Arbitrum, Kryll³ is providing its users with several important benefits: Lower Transaction Fees: These Layer 2 solutions drastically reduce gas fees compared to Ethereum Mainnet. Improved Accessibility: Users can now manage their KRL across multiple networks, offering more flexibility. Broader Exposure and Community Growth: By expanding to multiple chains, KRL becomes visible to new ecosystems and user bases, attracting fresh interest and strengthening its presence across the crypto landscape. Moving KRL Across Networks with Bridges To…

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Filed under: News - @ March 31, 2025 6:11 am