Ethereum

Layer 2 TVL at fresh all time highs

Source: https://l2beat.com/scaling/summary

Normalize posting the activity chat sassal 🫡 tvl is a meme we can let die on CT

Independent Ethereum educator, angel investor and advisor. 

Founder of The Daily Gwei.

you probably don’t think about liquidity enough // it is what it is  // build value, not valuation

Why not both 🤷‍♂️.

Both provide different signal and trend.  

Though question I have for activity is how to distinguish the types of activity.  

Does type even matter?

Cause presumably nova etc will grow to blow the L2s out.

TVL can still give a sign of values placed with each chain.

Normalize posting the activity chat sassal 🫡 tvl is a meme we can let die on CT

https://l2beat.com/scaling/activity

Wouldn’t it be better to show number of eth and not dollar amount

ser, what is this base currency? Some foreign country shitcoin?

Only the beginning, EIP-4844 will make it skyrocket I assume.

salami will tell you this is bearish for eth

Probably nothing..👀 With the upgrade only weeks away I’m looking forward to L2 spring into restaking summer