Lisk generated some interest from investors in January 2024 after a perpetual contract listing on Binance Futures. The veteran blockchain, which supports decentralized applications (DApps) and its LSK coin enjoyed a small revival in late 2023 as the market shot up due to anticipation about spot Bitcoin exchange-traded funds (ETFs). Lisk is embarking on a significant transition into the Ethereum ecosystem, adopting a Layer 2 solution. This new iteration of the Lisk network will leverage OP Stack, an open-source framework by Optimism designed for developing Layer 2 chains, and will be constructed using Gelato’s rollup-as-a-service platform.