Arbitrum, Base, Optimism, zkSync — Ethereum's Layer 2 networks hold $30+ billion. Here is what this means for ETH value.
Arbitrum holds $18B TVL — the most of any L2. It is EVM-compatible, processes thousands of TPS, and fees average $0.01.
Base grew from $0 to $6.2B TVL in 18 months — the fastest growing L2 in history. Coinbase's brand brings mainstream users on-chain.
All L2 transactions ultimately settle on Ethereum mainnet, paying fees in ETH. More L2 activity = more ETH burned = less ETH supply.
ARB (Arbitrum) and OP (Optimism) are the native tokens. Both are bets on Ethereum ecosystem growth. Higher risk than ETH but more upside.
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