L2s expand @ethereum's reach & network effect | Token Terminal on Binance Square

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L2s expand @ethereum's reach & network effect

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16 tokens (above $100m FDV) with the biggest price increase in the past 90d:

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⛓️📈 @Tether_to's USDT averages $1 trillion in monthly onchain transfer volume. Wild.

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The @fundstrat flywheel: 1. New stablecoin issuance on the L1 2. New stakers for the L1 3. New demand for ETH (to be staked)

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USDG 🤝 @ethereum USDT and USDC will face a new, non-startup, competitor: @global_dollar The increased competition benefits consumers.

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If you believe in progressive decentralization of DAOs, you should believe in progressive tokenization of equities. That is, the product will become better over time (mirrored to natively issued).

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