📉 Layer 2 transaction costs have decreased with Ethereum's Dencun upgrade. This has led to Arbitrum and Base's daily transaction volume being greater than that of the Ethereum mainnet. However, Ethereum's expansion is still ongoing. 🚀

🎮 Layer 3 solutions are ideal for applications that require higher transaction volume or very low transaction costs, such as NFT and gaming projects. Arbitrum Orbit and zkSync Hyperchains are examples of Layer 3 frameworks. 🕹️

💰 Degen Chain and Sanko are Layer 3 applications and both are built using Arbitrum Orbit. Degen Chain was launched on Farcaster's Degen channel and focuses on Sanko, NFT and gaming. 🎲

As a result, the expansion of Layer 2 and the decline in transaction costs indicate that Layer 3 may offer interesting investment opportunities in the future. However, the volatility of native tokens such as DEGEN and DMT shows that these chains are not yet proven. 📊