Ethereum Gas & L2 Narrative (ETH, L2s)
๐ Gas fees on Ethereum are at multi-month lows despite rising on-chain activity.
โก๏ธ Reason: Layer-2 adoption (like Base & Arbitrum) is absorbing transaction load.
๐ก Takeaway: ETH value will increasingly be derived from securing and settling a growing L2 ecosystem.
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