Lisk, a Layer 1 blockchain launched in 2016, is transitioning to the Ethereum ecosystem as a Layer 2 solution.

The new Lisk network will be powered by OP Stack, Optimism’s open-source framework for developing Layer 2 chains, and built using Gelato’s rollup-as-a-service platform. Lisk's Layer 2 will focus on real-world assets and decentralized physical infrastructure networks (DePINs), according to a statement.

“Integrating with the Ethereum ecosystem and aligning with industry standards brings us closer to our goal of making blockchain accessible than ever before,” Lisk co-founder Max Kordek said. 

Back in the heyday of the 2017 bull market, Lisk was a top 20 cryptocurrency by market capitalization. Fast-forward to 2023, and as the blockchain industry has matured, Lisk finds …