The previous post provided an in-depth analysis of why Ethereum is rising while its smaller counterparts are not; in this issue, I continue from the end of the last issue to organize a complete list of Ethereum ecosystem tokens for everyone. (Recommended to bookmark)

1. L2 Track (Ethereum Scaling Chains)

Ethereum is too expensive and slow, which has led to a bunch of Layer 2 projects, forming the core of the "Ethereum ecosystem."

ARB; The most popular OP Rollup scaling chain, exploding ecosystem with high TVL

OP; Used by Coinbase and Worldcoin, with strong fundamentals

Base; No token; L2 supported by Coinbase, no token, but the ecosystem is very active, focus on potential airdrop

STRK; ZK series L2, leading technology, but token price performance is average

ZK; ZK Rollup project, just launched its token, causing controversy, high popularity

Linea; No token; L2 supported by ConsenSys, strong expectations for recent token launch

Scroll: No token; good compatibility, ZK Rollup, potential airdrop hotspot

2. Restaking Track

Restaking is the secondary utilization of ETH, a derivative track after the upgrade of Ethereum's PoS mechanism.

EIGEN; (Not fully circulated yet) Leader in Restaking, reusing ETH security, huge potential

ETHFI; Closely linked to EigenLayer, supports LRT

REZ; A rising star in the LRT track, rapidly increasing TVL

KELP; (Not launched) Popular candidate for Restaking, focus on airdrop

Infrastructure (DeFi / NFT / Stablecoins) Projects

3. "Infrastructure tokens" on Ethereum, many of which exploded in the last bull market.

MKR; DAI is the earliest DeFi stablecoin

AAVE; Leading lending protocol

UNI; The ancestor of DEX, the strongest DEX in the ETH ecosystem

BLUR; Competing fiercely with Opensea

LDO; Supports stETH, the largest staking pool for ETH

4. Derivatives and Liquidity Protocols

PENDLE; Extremely high locking rate, based on ETH DeFi interest rates

LBR; A stablecoin system with an innovative mechanism

CRV; An established project, currently sluggish but the underlying technology is still important

FXS; Modular design, involving ETH liquidity and algorithmic coins

5. Eco-Derivative Assets and Narrative Coins

ENS; Ethereum's "DNS" system

GTC; Supports the Ethereum open-source ecosystem

GNO; An established tech team

RPL; Decentralized staking platform

IMX; Focused on gaming NFTs in ZK L2