@genevieveconnie
As of March 19, 2025, Ethereum's Layer 2 (L2) competition landscape has evolved into a dynamic, fragmented ecosystem. Post-Dencun upgrade, over 70 L2s, including Arbitrum, Optimism, and Base, vie for dominance, driven by scalability and cost efficiency. Arbitrum and Base lead in Total Value Locked (TVL), with Base leveraging Coinbase’s user base for rapid growth, while Arbitrum thrives on DeFi integration. Optimism’s Superchain vision pushes interoperability, but its TVL lags. Newer L2s like zkSync and Starknet focus on zero-knowledge proofs, enhancing privacy and speed, yet face adoption challenges. The competition has sparked debates over "ETH alignment," with L2s balancing revenue and Ethereum’s settlement role. This fragmentation complicates interoperability, but innovations like proto-danksharding (EIP-4844) promise cheaper transactions, intensifying the race.
0 reply
0 recast
0 reaction