Layer 2 Showdown: Who's on Top? 🤔

The latest numbers reveal the top Layer 2 protocols by active addresses:

📈 @GravityChain - 40% growth
📈 @MantaNetwork - 72% growth
📈 @Optimism - 32% growth
📈 @Mint Blockchain - 41% growth
📈 @0xMantle - 53% growth

But what's behind @MantaNetwork impressive 72% growth? 🤔

💡 Innovative architecture: MantaNetwork's cutting-edge design enables seamless scalability and security.
💡 Community-driven engagement: MantaNetwork's strong community focus fosters collaboration, driving growth and adoption.
💡 Seamless user experience: MantaNetwork's intuitive interface makes it easy for users to navigate and utilize the platform.

These factors have made MantaNetwork a top choice for scalable and secure Ethereum transactions 📊. The future of Layer 2 scaling solutions is bright, and MantaNetwork is leading the way! 🌟

As the Layer2 landscape continues to evolve, it's clear that MantaNetwork is a force to be reckoned with. With its impressive growth rate and commitment to innovation, MantaNetwork is solidifying its position as a top Layer 2 solution.

#MantaNeverStops #Layer2 #ScalingSolutions #blockchain #Ethereum

$ETH

Ethereum’s Blob Usage Signals Layer 2 Dominance

Recent data from Dune Analytics compiled by Hildobby highlights Ethereum's 21,000+ daily blob usage over the past two months, underlining a clear shift towards Layer 2 (L2) scaling solutions.

Key takeaways:

Blob fees: ~$4M in the last month (GrowthePie), burned permanently, reducing ETH supply.

ETH burn dynamics: Blobs are now driving the ETH burn rate, destroying 453.24 ETH in the past week, surpassing Uniswap’s 396 ETH.

Over the last 30 days, Uniswap leads with 4,681 ETH burned, while blobs follow at 1,068 ETH burned.
$BTC

This trend reflects the ecosystem's evolving dynamics, with Layer 2 solutions gaining traction and contributing heavily to Ethereum's deflationary pressure.

#Ethereum #Layer2 #ETHBurn #ScalingSolutions