1 Followers
Layer 2 Adoption Multiplier TVL Surge: Layer 2 Total Value Locked (TVL) reached $142B (+320% YoY), reducing Mainnet congestion. Institutional Onboarding: JPMorgan's Onyx blockchain migrated 78% of repo transactions to Arbitrum Nova. Fee Migration: 92% of DEX volume now occurs on Layer 2s (vs. 45% pre-Shanghai), diverting gas fee pressure.
b) ETH Burn-Supply Dynamics Current Burn Rate: 2.1 ETH/min (down 63% from 2024 peak) due to L2 migration. Supply Shock Mitigation: Net issuance turned positive (+0.8% annualized) since March 1, 2025.