Ethereum Layer-2s Witnessing Surge in Specialization as Key Protocols Carve Out Unique Paths: IntoTheBlock

Ethereum Layer-2s Witnessing Surge in Specialization as Key Protocols Carve Out Unique Paths: IntoTheBlock


Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche.

IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.”

Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol is benefitting from the crypto exchange’s massive user base and the rise of blockchain-based social networking platform Friend.tech.

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Ethereum’s L2 landscape is witnessing a surge of specialization among its key players.

Base is leading with the highest number of unique addresses and transactions, a momentum driven by Coinbase’s expansive reach. Perfect for social apps like FriendTech to flourish.”

In a new report, IntoTheBlock notes that Friend.tech has attracted more

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