๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ Ethereum Hits Record Weekly Activity on Layer 2!
๐ฅ Ethereum s Layer 2 ecosystem is exploding with growth and opportunity:
๐ Growth Metrics ๐น 58% of DeFi transactions now occur on L2s
๐ฅ 5.8M weekly users with 8,500 TPS capacity
๐ฐ $48B in institutional capital deployed
๐ผ 37% monthly TVL surge
๐ L2s now hold 40% of Ethereum s total TVL
๐ Recent 24.83% drop in L2 multiplier signals usage fluctuation
๐ง Key Developments
๐งฉ EIP-9698 could increase gas limits by 3.6B
โก Dencun upgrade slashed L2 fees by 95% ๐ Pectra upgrade set for 2025
๐ข Robinhood chose Arbitrum for institutional expansion
๐ Arbitrum growth reinforces its L2 leadership
๐ Market Outlook
๐น ETH surged 3.5% to $2,500
๐ ๐ฅ $429M in weekly ETF inflows
๐ 28% of ETH supply staked (35M+ ETH) earning 5.2% APY
๐งฎ L2 success presents a mixed bag for prices: reduced fees vs. rising adoption
๐ Pro Tip: Watch TVL shifts across L2 networks for early investment signals.
