🚀 Ethereum News:

- Ethereum's L2 network activity is surging, driving demand for data storage, promising a recovery in network revenue. 📈

- Data from Dune Analytics shows that L2 transactions are up 3x from March. However, revenue is down 95% after the Dencun upgrade as L2 transaction data is moved to temporary storage.

- Matthew Sigel of VanEck commented: "Signs of change thanks to Base, Scroll and World Chain."

- ETH is predicted to generate up to $66 billion in free cash flow per year by 2030, pushing ETH price to $22,000/token.

- ETH price increased 10% after Donald Trump won the election, paving the way for new crypto investment products in the US.

- Other protocols such as Celestia, EigenDA and Avail are competing with Ethereum for data provisioning.

💬 What do you think about the future of Ethereum and L2s? Share your thoughts!