Blockchain Protocols Migrate Between Chains as Ethereum Layer 2 Solutions Gain Traction

Cosmos-native blockchain Canto migrating to Ethereum as a layer 2 rollup using Polygon's framework.
Astar blockchain also moving from Polkadot to become an Ethereum layer 2, citing security benefits.
These follow other protocols like Gnosis, Palm, and IDEX building layer 2s on Polygon.
Some protocols like dYdX and Maker looking to move away from Ethereum to other chains like Cosmos and Solana.
NFT project OnChainMonkey shifting collection from Ethereum to Bitcoin, citing security and community reasons.

cointelegraph.com

Relevant topic timeline:

9/14/2023

Lido to Bridge stETH to Cosmos Ecosystems, Bringing Millions in Liquidity to DeFi Apps

Lido, an ether staking giant, is collaborating with two Cosmos blockchain projects, Neutron and Axelar, to bridge its staked ether tokens to the Cosmos network, potentially transferring large amounts of liquidity between the two blockchains. This move aims to enhance the accessibility and usability of Lido's tokens on various blockchains within the Cosmos ecosystem.

9/29/2023

Cosmos Touts Interoperability Advantage Over Ethereum, But Faces Liquidity Challenge

Ethereum's layer-2 ecosystem fragments user and liquidity, creating silos, while the Cosmos ecosystem offers natively interoperable chains through its Inter-Blockchain Communication (IBC) protocol, although Cosmos faces low liquidity and compatibility issues with Ethereum.