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#Write2earn Base Network Leads Ethereum L2 Solutions in Transactions #Base #BaseBlockchain #Etheruem #EthereumLayer2 $ARB $ETH Base Network's Impressive Growth Base Network, Coinbase's Layer 2 (L2) scaling protocol, has emerged as the top-performing L2 solution on the Ethereum network, surpassing competitors like Arbitrum. On-chain analyst Leon Waidmann confirmed that Base has become the "most used Ethereum L2." Surge in Transactions In the past 30 days, Base's transactions have surged by over 60%. Daily, Base processes up to 3.5 million transactions, compared to Arbitrum's 2 million. This remarkable growth is attributed to various factors, including the ongoing memecoin frenzy, which has driven increased adoption and activity. Memecoin Impact The memecoin market has seen significant growth, with a current market capitalization of around $54.7 billion. Some of the top memecoins on Base have experienced price increases, attracting the attention of major hedge funds. For example, Solana-based dogwifhat (WIF) has gained support from trading firms like Robinhood and Binance, trading at $2.12 after a 10.15% increase in the last 24 hours. Similarly, Shiba Inu (SHIB) has shown a slight price rise, reflecting a broader crypto market recovery. Base vs. Arbitrum Since April, Base has consistently outperformed Arbitrum in transaction counts. On April 7, Base recorded 45.21 million transactions in 30 days, compared to Arbitrum's 38.58 million and Ethereum's 37.93 million, as reported by L2Beat. Additionally, Base's Total Value Locked (TVL) was $3.89 billion, with a 19.96% increase in transaction volume. Conclusion Base Network's rapid growth and dominance in transaction counts highlight its potential as a leading Ethereum L2 solution. The memecoin frenzy and increased burn rates have contributed to this success, positioning Base as a key player in the crypto market.
#Write2earn

Base Network Leads Ethereum L2 Solutions in Transactions
#Base #BaseBlockchain #Etheruem #EthereumLayer2 $ARB $ETH

Base Network's Impressive Growth
Base Network, Coinbase's Layer 2 (L2) scaling protocol, has emerged as the top-performing L2 solution on the Ethereum network, surpassing competitors like Arbitrum. On-chain analyst Leon Waidmann confirmed that Base has become the "most used Ethereum L2."

Surge in Transactions
In the past 30 days, Base's transactions have surged by over 60%. Daily, Base processes up to 3.5 million transactions, compared to Arbitrum's 2 million. This remarkable growth is attributed to various factors, including the ongoing memecoin frenzy, which has driven increased adoption and activity.

Memecoin Impact
The memecoin market has seen significant growth, with a current market capitalization of around $54.7 billion. Some of the top memecoins on Base have experienced price increases, attracting the attention of major hedge funds. For example, Solana-based dogwifhat (WIF) has gained support from trading firms like Robinhood and Binance, trading at $2.12 after a 10.15% increase in the last 24 hours. Similarly, Shiba Inu (SHIB) has shown a slight price rise, reflecting a broader crypto market recovery.

Base vs. Arbitrum
Since April, Base has consistently outperformed Arbitrum in transaction counts. On April 7, Base recorded 45.21 million transactions in 30 days, compared to Arbitrum's 38.58 million and Ethereum's 37.93 million, as reported by L2Beat. Additionally, Base's Total Value Locked (TVL) was $3.89 billion, with a 19.96% increase in transaction volume.

Conclusion
Base Network's rapid growth and dominance in transaction counts highlight its potential as a leading Ethereum L2 solution. The memecoin frenzy and increased burn rates have contributed to this success, positioning Base as a key player in the crypto market.
#Write2earn Ethereum Scaling Solution Blast Launches Native Token $BLAST #BLAST #LAYER2 #EthereumLayer2 $ETH #airdrop Ethereum Layer 2 (L2) network Blast is set to launch its native token today, with 17% of its total supply airdropped to early adopters. Despite its $1.65 billion in Total Value Locked (TVL), Blast is one of the most debated products in decentralized finance (DeFi). Token Airdrop Details The airdrop will be distributed across Blast and its affiliated NFT marketplace Blurโ€™s points program. Specifically, 7% will go to Blast points, another 7% to Blast gold, and 3% will be shared among the Blur ecosystem. On-Chain Metrics and Native Yield Blast boasts impressive on-chain metrics compared to other blockchains, driven by its token incentives. According to DeFiLlama, Blast is the second largest Ethereum scaling solution by TVL and has the highest user fees among Layer 2 networks. As an optimistic rollup like Arbitrum and Optimism, Blast was the first to introduce native yield. On Blast, all ETH yields 4%, while its native stablecoin, USDB, yields 5%. This allows users to earn yield simply by holding assets on the chain, without engaging directly with DeFi protocols. This native yield is generated through ETH staking and Real-World Asset (RWA) protocols via an automatic rebasing system. Controversial Aspects of Blast Blast is developed by the team behind the leading NFT platform Blur, which has also faced its share of controversies. Blur overtook OpenSea as the dominant NFT trading platform after its token launch in 2023, but its incentives for buying, selling, and lending have drawn criticism from many NFT collectors. Some even claim that โ€œBlur killed NFTs.โ€ The latest season of Blur farming featured previously undisclosed Blast incentives. Recently, Blast announced that Season 3 will allocate 0.5% of its supply to Blur traders and 1.5% to BLUR stakers. The remaining Blur token allocation will be reserved for future uses.
#Write2earn
Ethereum Scaling Solution Blast Launches Native Token
$BLAST #BLAST #LAYER2 #EthereumLayer2 $ETH #airdrop

Ethereum Layer 2 (L2) network Blast is set to launch its native token today, with 17% of its total supply airdropped to early adopters. Despite its $1.65 billion in Total Value Locked (TVL), Blast is one of the most debated products in decentralized finance (DeFi).

Token Airdrop Details
The airdrop will be distributed across Blast and its affiliated NFT marketplace Blurโ€™s points program. Specifically, 7% will go to Blast points, another 7% to Blast gold, and 3% will be shared among the Blur ecosystem.

On-Chain Metrics and Native Yield
Blast boasts impressive on-chain metrics compared to other blockchains, driven by its token incentives. According to DeFiLlama, Blast is the second largest Ethereum scaling solution by TVL and has the highest user fees among Layer 2 networks. As an optimistic rollup like Arbitrum and Optimism, Blast was the first to introduce native yield.

On Blast, all ETH yields 4%, while its native stablecoin, USDB, yields 5%. This allows users to earn yield simply by holding assets on the chain, without engaging directly with DeFi protocols. This native yield is generated through ETH staking and Real-World Asset (RWA) protocols via an automatic rebasing system.

Controversial Aspects of Blast
Blast is developed by the team behind the leading NFT platform Blur, which has also faced its share of controversies. Blur overtook OpenSea as the dominant NFT trading platform after its token launch in 2023, but its incentives for buying, selling, and lending have drawn criticism from many NFT collectors. Some even claim that โ€œBlur killed NFTs.โ€
The latest season of Blur farming featured previously undisclosed Blast incentives. Recently, Blast announced that Season 3 will allocate 0.5% of its supply to Blur traders and 1.5% to BLUR stakers. The remaining Blur token allocation will be reserved for future uses.
Cryptocurrency 2024: Top Trends & Opportunities Hey there, I'm Linkan, your go-to source for the latest and most exciting cryptocurrency trends for 2024! ๐Ÿš€ Let's dive into these transformative developments in the crypto universe, brought to you as part of Binance Square's #Write2Earn campaign. Stay ahead of the curve with these key insights! ๐ŸŒ Bitcoin's Stellar Trajectory in 2024: A Deep Dive ๐ŸŒŸ Bitcoin's Robustness Amidst Economic Shifts: 2024 looks bright for Bitcoin, with potential new highs. The Bitcoin halving and the expected introduction of spot Bitcoin ETFs are pivotal events to watch! ๐Ÿ’น Ethereum's Leap with Layer 2 Networks: What to Expect ๐Ÿš€ Ethereum's 2024 Outlook: Ethereum is poised for significant growth, thanks to advancements like EIP-4884's Proto-danksharding. Keep an eye on Layer 2 networks like Polygon and Arbitrum, leading in Total Value Locked (TVL)! ๐Ÿ“ˆ The Revival of NFTs: A Surge in Digital Art & Collectibles ๐ŸŽจ NFT Market's Comeback: 2024 sees NFTs gaining momentum, especially with the rise of Bitcoin NFTs. It's a pivotal moment for digital creativity and blockchain art! ๐Ÿ–ผ๏ธ The Convergence of AI and Cryptocurrency: A 2024 Perspective ๐Ÿค– AI's Integration in Crypto: The merging of AI with cryptocurrency is set to revolutionize trade automation and data analysis, offering a smarter and more intuitive crypto experience. ๐Ÿง  Corporate Crypto Engagement & Enhanced Security in 2024 ๐Ÿ” Corporate Crypto Holdings & Security Measures: With regulatory evolution, expect a surge in corporate crypto investments and robust security protocols to safeguard our digital assets. It's all about secure and informed investing! ๐Ÿ’ผ Embark on this exciting 2024 crypto journey with me, Linkan. Engage, share, and leverage the Write2Earn campaign to its fullest! #CryptoTrends2024 #BitcoinEvolution #EthereumLayer2 #AICryptoFuture Disclaimer: This is for educational purposes only, not financial advice. Cryptocurrency investments carry risks.
Cryptocurrency 2024: Top Trends & Opportunities

Hey there, I'm Linkan, your go-to source for the latest and most exciting cryptocurrency trends for 2024! ๐Ÿš€ Let's dive into these transformative developments in the crypto universe, brought to you as part of Binance Square's #Write2Earn campaign. Stay ahead of the curve with these key insights! ๐ŸŒ

Bitcoin's Stellar Trajectory in 2024: A Deep Dive ๐ŸŒŸ

Bitcoin's Robustness Amidst Economic Shifts: 2024 looks bright for Bitcoin, with potential new highs. The Bitcoin halving and the expected introduction of spot Bitcoin ETFs are pivotal events to watch! ๐Ÿ’น
Ethereum's Leap with Layer 2 Networks: What to Expect ๐Ÿš€

Ethereum's 2024 Outlook: Ethereum is poised for significant growth, thanks to advancements like EIP-4884's Proto-danksharding. Keep an eye on Layer 2 networks like Polygon and Arbitrum, leading in Total Value Locked (TVL)! ๐Ÿ“ˆ
The Revival of NFTs: A Surge in Digital Art & Collectibles ๐ŸŽจ
NFT Market's Comeback: 2024 sees NFTs gaining momentum, especially with the rise of Bitcoin NFTs. It's a pivotal moment for digital creativity and blockchain art! ๐Ÿ–ผ๏ธ
The Convergence of AI and Cryptocurrency: A 2024 Perspective ๐Ÿค–

AI's Integration in Crypto: The merging of AI with cryptocurrency is set to revolutionize trade automation and data analysis, offering a smarter and more intuitive crypto experience. ๐Ÿง 
Corporate Crypto Engagement & Enhanced Security in 2024 ๐Ÿ”

Corporate Crypto Holdings & Security Measures: With regulatory evolution, expect a surge in corporate crypto investments and robust security protocols to safeguard our digital assets. It's all about secure and informed investing! ๐Ÿ’ผ

Embark on this exciting 2024 crypto journey with me, Linkan. Engage, share, and leverage the Write2Earn campaign to its fullest!

#CryptoTrends2024 #BitcoinEvolution #EthereumLayer2 #AICryptoFuture

Disclaimer: This is for educational purposes only, not financial advice. Cryptocurrency investments carry risks.
๐Ÿค Ethereum layer 2 ZK rollup protocol, Loopring (LRC), announces a partnership with zkPool, a zero-knowledge (zk) infrastructure company. The collaboration aims to integrate zk technology to optimize the protocol and reduce proof-of-stake (PoS) costs in the future. ๐Ÿš€๐Ÿ”— #Loopring #zkPool #EthereumLayer2
๐Ÿค Ethereum layer 2 ZK rollup protocol, Loopring (LRC), announces a partnership with zkPool, a zero-knowledge (zk) infrastructure company. The collaboration aims to integrate zk technology to optimize the protocol and reduce proof-of-stake (PoS) costs in the future. ๐Ÿš€๐Ÿ”— #Loopring #zkPool #EthereumLayer2
๐Ÿ” The Mystery: 56% of OP's Max Supply Unassigned - What's Next? ๐Ÿš€ Hey, it's Linkan here, bringing you some intriguing insights from the crypto world! Today, let's talk about something that's catching everyone's eye: 56% of $OP 's maximum supply is currently unassigned. But what does this really mean for $OP and its investors? ๐Ÿค” According to Token Unlocks, a whopping 2.4 billion $OP tokens, representing 55% of the max supply, are in a 'to-be-discussed' (TBD) allocation. This means the community has yet to decide where these tokens will go in the coming weeks or months. It's a significant moment for OP Mainnet, known for being a popular Ethereum layer-2 scaling solution. ๐ŸŒ So far, over 831 million OP tokens have been unlocked, but the majority remains in limbo. This situation is particularly interesting as OP prices have been trending upwards, breaking past key resistance levels. ๐Ÿ“ˆ Here's where it gets more complex: The TBD allocation could be used for various purposes, like governance, Retroactive Public Goods Funding, or ecosystem funding. This undecided fate of such a large token supply could have a big impact on OP's future prices and market dynamics. ๐Ÿงฉ But what could this mean for the future of OP prices? If a significant portion of these tokens gets unlocked and distributed, it could potentially lead to price fluctuations. It's a delicate balance that needs careful consideration by the community. ๐Ÿ’ฐ I'm curious to hear your thoughts on this development. How do you think this will play out for OP? Let's discuss in the comments! And if you're intrigued, don't forget to engage with a like, comment, or tip! ๐Ÿš€๐Ÿ‘‡ --- *Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.* Hashtags: #OPMaxSupply #CryptoMystery #Blockchain #EthereumLayer2 #CryptoCommunity Your engagement is key to unraveling the complexities of the crypto world. Let's keep exploring together! ๐ŸŒŸ๐Ÿ”
๐Ÿ” The Mystery: 56% of OP's Max Supply Unassigned - What's Next? ๐Ÿš€

Hey, it's Linkan here, bringing you some intriguing insights from the crypto world! Today, let's talk about something that's catching everyone's eye: 56% of $OP 's maximum supply is currently unassigned. But what does this really mean for $OP and its investors? ๐Ÿค”

According to Token Unlocks, a whopping 2.4 billion $OP tokens, representing 55% of the max supply, are in a 'to-be-discussed' (TBD) allocation. This means the community has yet to decide where these tokens will go in the coming weeks or months. It's a significant moment for OP Mainnet, known for being a popular Ethereum layer-2 scaling solution. ๐ŸŒ

So far, over 831 million OP tokens have been unlocked, but the majority remains in limbo. This situation is particularly interesting as OP prices have been trending upwards, breaking past key resistance levels. ๐Ÿ“ˆ

Here's where it gets more complex: The TBD allocation could be used for various purposes, like governance, Retroactive Public Goods Funding, or ecosystem funding. This undecided fate of such a large token supply could have a big impact on OP's future prices and market dynamics. ๐Ÿงฉ

But what could this mean for the future of OP prices? If a significant portion of these tokens gets unlocked and distributed, it could potentially lead to price fluctuations. It's a delicate balance that needs careful consideration by the community. ๐Ÿ’ฐ

I'm curious to hear your thoughts on this development. How do you think this will play out for OP? Let's discuss in the comments! And if you're intrigued, don't forget to engage with a like, comment, or tip! ๐Ÿš€๐Ÿ‘‡

---

*Disclaimer: This content is not financial advice. Always do your own research before making any investment decisions.*

Hashtags:
#OPMaxSupply #CryptoMystery #Blockchain #EthereumLayer2 #CryptoCommunity

Your engagement is key to unraveling the complexities of the crypto world. Let's keep exploring together! ๐ŸŒŸ๐Ÿ”
๐ŸŒ‰ Linea, the Ethereum layer 2 network by ConsenSys' zkEVM, achieves a milestone with over 300,000 ETH bridged, totaling 305,685, accompanied by 814,546 transactions, according to Dune Analytics. ๐Ÿš€๐Ÿ”— #EthereumLayer2 #CryptoMilestone
๐ŸŒ‰ Linea, the Ethereum layer 2 network by ConsenSys' zkEVM, achieves a milestone with over 300,000 ETH bridged, totaling 305,685, accompanied by 814,546 transactions, according to Dune Analytics. ๐Ÿš€๐Ÿ”— #EthereumLayer2 #CryptoMilestone
Blast Off: Ethereum Layer 2 Network Attracts $30 Million in HoursIn a testament to the growing demand for scalable solutions in the blockchain space, the latest Ethereum Layer 2 network, Blast, saw an impressive inflow of over $30 million in ether and stablecoins within hours of its launch on Monday. This surge in investor interest highlights the increasing importance of Layer 2 protocols to address challenges related to speed, cost, and scalability on Layer 1 blockchains, such as Ethereum. Understanding Blast's Unique Design: What sets Blast apart is not just its speed and efficiency but also its unique design that incentivizes users to participate. Depositors on the platform start earning yields on transferred ether in addition to accumulating BLAST points. The team behind Blast announced on Tuesday that the network natively participates in ETH staking, with staking yields being passed back to users and decentralized applications (dApps) operating on the Layer 2 network. However, users will need to exercise patience as the mainnet launch is slated for February, restricting withdrawal or on-chain activities until then. Blast's current status is invite-only, requiring a special code from invited users for access. The intriguing twist is the introduction of BLAST points, which can be redeemed starting in May, adding an extra layer of engagement for users. Staking Dynamics and Partnerships: A breakdown of the total funds bridged reveals interesting dynamics. Over $19 million in ether has been staked on Lido, potentially earning up to a 4% annualized yield. Another $3 million is allocated to Maker, with a smaller tranche of $150,000 in dai (DAI) stablecoins resting in the wallet. Users bridging stablecoins are rewarded with Blast's auto-rebasing stablecoin, USDB, which derives its yield from MakerDAO's on-chain T-Bill protocol. Blast's Journey and Investment Support: Blast's remarkable debut follows a successful funding round that raised over $20 million, led by Paradigm and Standard Crypto. The project, spearheaded by the pseudonymous figurehead @PacmanBlur, a co-founder of the NFT marketplace Blur, aims to extend the Blur ecosystem. Blast not only provides users with an opportunity to earn yields on idle assets but also focuses on enhancing the technical infrastructure to deliver sophisticated NFT products. The positive market response is evident, with BLUR prices witnessing a 12% surge in the past 24 hours following the launch of Blast. As the project unfolds and gains wider accessibility, its impact on the broader Ethereum ecosystem and the adoption of Layer 2 solutions will be closely monitored. Blast's rapid ascent in attracting funds reflects a burgeoning interest in Layer 2 solutions, particularly those offering unique incentives and benefits. As the network progresses towards its mainnet launch, the crypto community eagerly anticipates how Blast will contribute to reshaping the landscape of decentralized finance and NFT ecosystems. ~YOU CAN SUPPORT BITEAGLE NEWS BY TIPPPING US. THANK YOU!!! #EthereumLayer2 #ETH

Blast Off: Ethereum Layer 2 Network Attracts $30 Million in Hours

In a testament to the growing demand for scalable solutions in the blockchain space, the latest Ethereum Layer 2 network, Blast, saw an impressive inflow of over $30 million in ether and stablecoins within hours of its launch on Monday. This surge in investor interest highlights the increasing importance of Layer 2 protocols to address challenges related to speed, cost, and scalability on Layer 1 blockchains, such as Ethereum.
Understanding Blast's Unique Design:
What sets Blast apart is not just its speed and efficiency but also its unique design that incentivizes users to participate. Depositors on the platform start earning yields on transferred ether in addition to accumulating BLAST points. The team behind Blast announced on Tuesday that the network natively participates in ETH staking, with staking yields being passed back to users and decentralized applications (dApps) operating on the Layer 2 network.
However, users will need to exercise patience as the mainnet launch is slated for February, restricting withdrawal or on-chain activities until then. Blast's current status is invite-only, requiring a special code from invited users for access. The intriguing twist is the introduction of BLAST points, which can be redeemed starting in May, adding an extra layer of engagement for users.

Staking Dynamics and Partnerships:
A breakdown of the total funds bridged reveals interesting dynamics. Over $19 million in ether has been staked on Lido, potentially earning up to a 4% annualized yield. Another $3 million is allocated to Maker, with a smaller tranche of $150,000 in dai (DAI) stablecoins resting in the wallet. Users bridging stablecoins are rewarded with Blast's auto-rebasing stablecoin, USDB, which derives its yield from MakerDAO's on-chain T-Bill protocol.
Blast's Journey and Investment Support:
Blast's remarkable debut follows a successful funding round that raised over $20 million, led by Paradigm and Standard Crypto. The project, spearheaded by the pseudonymous figurehead @PacmanBlur, a co-founder of the NFT marketplace Blur, aims to extend the Blur ecosystem. Blast not only provides users with an opportunity to earn yields on idle assets but also focuses on enhancing the technical infrastructure to deliver sophisticated NFT products.
The positive market response is evident, with BLUR prices witnessing a 12% surge in the past 24 hours following the launch of Blast. As the project unfolds and gains wider accessibility, its impact on the broader Ethereum ecosystem and the adoption of Layer 2 solutions will be closely monitored.

Blast's rapid ascent in attracting funds reflects a burgeoning interest in Layer 2 solutions, particularly those offering unique incentives and benefits. As the network progresses towards its mainnet launch, the crypto community eagerly anticipates how Blast will contribute to reshaping the landscape of decentralized finance and NFT ecosystems.

~YOU CAN SUPPORT BITEAGLE NEWS BY TIPPPING US.
THANK YOU!!!
#EthereumLayer2 #ETH
๐Ÿš€ Lattice launches Redstone testnet for Ethereum layer 2 network Optimism, aiming to enhance cost efficiency for on-chain games and dApps! ๐Ÿ”—๐Ÿ’ป Redstone operates like Optimistic Rollup with a focus on data promise hash values, akin to a 'Plasma Rollup blockchain.' #LatticeRedstone #EthereumLayer2 #BitcoinWorld ๐ŸŒ
๐Ÿš€ Lattice launches Redstone testnet for Ethereum layer 2 network Optimism, aiming to enhance cost efficiency for on-chain games and dApps! ๐Ÿ”—๐Ÿ’ป Redstone operates like Optimistic Rollup with a focus on data promise hash values, akin to a 'Plasma Rollup blockchain.' #LatticeRedstone #EthereumLayer2 #BitcoinWorld ๐ŸŒ
**Breaking News:** ๐Ÿš€๐Ÿ›ฐ๏ธ Ethereum Layer 2 Arbitrum (ARB) Unveils Arbitrum Orbit Mainnet #BlockchainTech - Arbitrum Orbit, offering substantial scalability and security, is set to launch soon, allowing Layer 3 deployment without DAO permission. ๐ŸŒ๐Ÿ”’ #EthereumLayer2
**Breaking News:** ๐Ÿš€๐Ÿ›ฐ๏ธ Ethereum Layer 2 Arbitrum (ARB) Unveils Arbitrum Orbit Mainnet #BlockchainTech - Arbitrum Orbit, offering substantial scalability and security, is set to launch soon, allowing Layer 3 deployment without DAO permission. ๐ŸŒ๐Ÿ”’ #EthereumLayer2
Ethereum Upgrade EIP 4844 Is Massive for L2s, Here's Why Seasoned Ethereum (ETH) investor and community member Ryan Berckmans explains what data blobs mean for L2 scaling. EIP 4844 or "Proto-Danksharding" is known as the most anticipated upgrade for Ethereum (ETH), the largest smart contracts blockchain. Besides being a game-changer in transaction fees economy, it is set to significantly increase the transactional capacity of L2s on Ethereum (ETH). EIP 4844 to lower L2 fees by 7x, Ryan Berckmans says Ethereum's EIP 4844 data blobs are expected to kick off in three months to greatly reduce L2 fees, Ethereum (ETH) veteran Ryan Berckmans stated on X. The drop in L2 transactional commissions will be accompanied by advanced bandwidth on the network. Once launched, blob gas will not be competing with L1 execution gas, so the entire blob market should clear at substantially lower fees even if every blob is always sold. As a result, both cost-efficiency and throughput of Ethereum (ETH) will be increased by 600%. With the EIP 4844 activation, L2 solutions of various types will scale Ethereum (ETH) in a novel way. Both solutions with ZK-secured validity proofs (Polygon zkEVM, Starknet) and hybrid optimistic rollups (Arbitrum Nova) will benefit from the upgrade and contribute to Ethereum (ETH) scaling. This will be the next big thing for usability and accessibility of Ethereum (ETH), the investor says: Ethereum's most accessible days are coming soon. In time for the bull! #ETH #EthereumHigh #EthereumLayer2 $ETH $BTC $BNB
Ethereum Upgrade EIP 4844 Is Massive for L2s, Here's Why

Seasoned Ethereum (ETH) investor and community member Ryan Berckmans explains what data blobs mean for L2 scaling.

EIP 4844 or "Proto-Danksharding" is known as the most anticipated upgrade for Ethereum (ETH), the largest smart contracts blockchain. Besides being a game-changer in transaction fees economy, it is set to significantly increase the transactional capacity of L2s on Ethereum (ETH).

EIP 4844 to lower L2 fees by 7x, Ryan Berckmans says Ethereum's EIP 4844 data blobs are expected to kick off in three months to greatly reduce L2 fees, Ethereum (ETH) veteran Ryan Berckmans stated on X. The drop in L2 transactional commissions will be accompanied by advanced bandwidth on the network.

Once launched, blob gas will not be competing with L1 execution gas, so the entire blob market should clear at substantially lower fees even if every blob is always sold. As a result, both cost-efficiency and throughput of Ethereum (ETH) will be increased by 600%. With the EIP 4844 activation, L2 solutions of various types will scale Ethereum (ETH) in a novel way. Both solutions with ZK-secured validity proofs (Polygon zkEVM, Starknet) and hybrid optimistic rollups (Arbitrum Nova) will benefit from the upgrade and contribute to Ethereum (ETH) scaling. This will be the next big thing for usability and accessibility of Ethereum (ETH), the investor says: Ethereum's most accessible days are coming soon. In time for the bull!
#ETH #EthereumHigh #EthereumLayer2
$ETH $BTC $BNB
Bionic-Profit-Trades
7D PNL
-6548.83
7D ROI
-100.00%
AUM
$2000.03
MDD
100.00%
Win Rate
17.9487
Bionic-Risky
7D PNL
-7816.39
7D ROI
-100.00%
AUM
$2000.00
MDD
100.00%
Win Rate
22.5
๐Ÿš€ The zkSync development team, creators of a zero-knowledge (zk)-based Ethereum (ETH) layer 2 network, has introduced the zkSync Era remix plugin. This tool aims to streamline and simplify the development process for developers, offering an intuitive experience. ๐ŸŒ๐Ÿ› ๏ธ #zkSyncDevelopment #EthereumLayer2 ๐Ÿ“ข๐Ÿช™
๐Ÿš€ The zkSync development team, creators of a zero-knowledge (zk)-based Ethereum (ETH) layer 2 network, has introduced the zkSync Era remix plugin. This tool aims to streamline and simplify the development process for developers, offering an intuitive experience. ๐ŸŒ๐Ÿ› ๏ธ #zkSyncDevelopment #EthereumLayer2 ๐Ÿ“ข๐Ÿช™
๐Ÿš€ Taiko, an Ethereum layer 2 network based on zk rollup technology, has introduced the Katla testnet, marking the final testing phase before the mainnet launch. Tyco's mainnet is set to go live in the first quarter of this year, as reported by The Block. Exciting developments for Ethereum's scaling solutions! ๐ŸŒ๐Ÿ’ผ #TaikoKatlaTestnet #EthereumLayer2 ๐Ÿ“ข๐Ÿช™
๐Ÿš€ Taiko, an Ethereum layer 2 network based on zk rollup technology, has introduced the Katla testnet, marking the final testing phase before the mainnet launch. Tyco's mainnet is set to go live in the first quarter of this year, as reported by The Block. Exciting developments for Ethereum's scaling solutions! ๐ŸŒ๐Ÿ’ผ #TaikoKatlaTestnet #EthereumLayer2 ๐Ÿ“ข๐Ÿช™
**๐Ÿšจ ALERT:** Starknet (STRK), an Ethereum layer 2 network using zk rollup, records 1,076,532 bridge users and a bridge lockup of 659,775 ETH, reports Dune Analytics. #Starknet #EthereumLayer2
**๐Ÿšจ ALERT:** Starknet (STRK), an Ethereum layer 2 network using zk rollup, records 1,076,532 bridge users and a bridge lockup of 659,775 ETH, reports Dune Analytics. #Starknet #EthereumLayer2
Blast, an Ethereum Layer-2 Scaling Network Launches and Unlocks Billions in Funds Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3๐Ÿ’ฐ billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.๐Ÿ“ˆ - Follow me for every crypto update and must do like comment for my inspiration.๐Ÿ™Œโค๏ธ $ETH #TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
Blast, an Ethereum Layer-2 Scaling Network Launches and Unlocks Billions in Funds
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, allowing users to unlock billions of dollars' worth of crypto funds that were previously locked up for staking and airdrop rewards. Over $2.3๐Ÿ’ฐ billion had been staked into the bridge from the Ethereum mainnet to Blast before the launch. Despite some controversy surrounding the launch, Blast aims to compete with other Ethereum scalers like Arbitrum and Optimism.๐Ÿ“ˆ
- Follow me for every crypto update and must do like comment for my inspiration.๐Ÿ™Œโค๏ธ
$ETH
#TrendingTopic #EthereumLayer2 #mainnet #ETH #BTC
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