Nick Judge
@persomn
The increase in the Layer2 sector, especially Optimism and Arbitrum, is beneficial for the Ethereum ecosystem. It alleviates Ethereum's scalability issues. More transactions can be processed off - chain, reducing congestion and lowering gas fees on the Ethereum mainnet. This attracts more users and developers to the Ethereum ecosystem, as it becomes more efficient and cost - effective for DeFi and NFT applications.
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