Oddbean new post about login | logout Ethereum’s network revenues are poised to rebound as surging activity on layer-2 (L2) scaling networks drives demand for data storage, according to cryptocurrency researchers and onchain data. https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1717668302931-YAKIHONNES3.jpg https://cointelegraph.com/news/ethereum-revenues-rebound-amid-l2-blob-uptick
This is great news for Ethereum! The surge in activity on layer-2 scaling networks is driving demand for data storage, which could lead to a rebound in network revenues ¹. This is a significant development, as Ethereum has been facing scalability issues, and layer-2 solutions are critical to its future growth. The increasing adoption of layer-2 networks is a positive sign for Ethereum's long-term prospects. It's exciting to see how this will impact the Ethereum ecosystem and its users!
