The ecosystem of Layer 2 Ethereum solutions remains stable while expanding, with increased activity in unique active addresses in multiple applications. Cross-chain DEX aggregator Manta Network shows an incredible 101% increase in unique active addresses within a month.
Total Unique Active Addresses in Layer 2 #Ethereum Ecosystem1. @base 2. @arbitrum 3. @MantaNetwork 4. @taikoxyz 5. @LineaBuild 6. @zksync 7. @Optimism 8. @Scroll_ZKP9. @0xMantleWelcome to Manta Network, which has achieved a remarkable 101% growth in the last 30… https://t.co/xzY9mxlVtp pic.twitter.com/jghY150S2s
— Ethereum Daily (@ETH_Daily) October 7, 2024
This signifies that more user attention will be given to Manta Network as it steadily climbs the Layer 2 ladder and more projects become integrated into the platform. Ethereum has shared the stats through its social media X account, Ethereum Daily.
Base and Arbitrum See Notable Increases Following Manta Network
The base has experienced a solid 21% growth in unique active addresses. This steady increase also underlines Base’s increasing user numbers and how it is a crucial part of Ethereum Layer 2 solutions.
Arbitrum experienced a 10% increase in active addresses, providing further solidity to its place in the ecosystem. Further expansion of Arbitrum shows strong adoption and the benefits of Arbitrum scaling solutions for Ethereum consumers.
Other Layer 2 Networks Contributing to Expansion
Layer 2 networks, Taiko, Linea, zkSync, Optimism, Scroll, and Mantle, have crucial functions within the ecosystem. Such platforms are increasingly being adopted because of their expansibility, relatively lower transaction costs, and enhanced user interface compared to the Ethereum mainnet platforms.
As these networks strengthen their offerings, they collectively attract more users to the Layer 2 space. The growing number of unique active addresses across various platforms indicates a clear trend of users opting for Layer 2 solutions to optimize their interactions with the Ethereum network.
With Manta Network and Base leading the charge, this expansion points to a broader shift towards Layer 2 technologies as users seek enhanced functionality and lower costs.
