#DAOBaseAIBinanceTGE
The Ethereum Layer 2 ecosystem is skyrocketing.
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The recent increase in Ethereum Layer 2 scaling solutions likely contributed to Ether's rally in early May. This coincided with Solana and BNB Chain surpassing Ethereum in trading volumes on decentralized exchanges (DEX). The combined activity on Base, Arbitrum, Unichain, and Polygon has exceeded $65.5 billion in monthly DEX volume for Ethereum.
Many Ether holders are frustrated by the persistently low fees on Ethereum's base layer, a key factor behind the growth in ETH supply. On the other hand, rollups have enabled scalable solutions, opening up new possibilities. For example, the largest decentralized application on Base, Morpho, supports customized infrastructures for use cases such as collateralized lending and yield generation.
On June 12, Shopify launched a limited rollout of USDC payments in stablecoin on the Base blockchain. The product includes a 1% cashback incentive and is expected to be fully launched by the end of 2025. This collaboration with Coinbase highlights the low-cost and secure nature of the Base Layer 2 blockchain.
#SparkBinanceHODLerAirdrop #BombieBinanceTGE #BinanceAlphaAlert