💁As we all know, Ethereum ETF has been substantially approved, and the next steps are only a matter of process. Although ETHE may face some selling pressure in the market, referring to the situation of GBTC, this selling pressure is only temporary. The approval of ETF is a solid long-term positive, representing the entry of old money from Wall Street, which is a real increase in demand. Ethereum has officially distanced itself from other currencies and established its runner-up status in the currency circle.

👀So which sectors will benefit from the approval of Ethereum ETF?

There are many Ethereum-related currencies, but the one that is most closely related to Ethereum is undoubtedly the L2 sector that complements Ethereum.

Among the many L2s, I think you can pay attention to $METIS .

Metis is an Ethereum second-layer project designed to optimize decentralized applications and user experience. Its features include decentralized sorters, hybrid Rollup technology, and multi-functional token applications.

The project has always been centered on the market and users. In May alone, there were 3 major project updates that met market demand, namely:

1️⃣ Faster and cheaper cross-chain services. The $METIS team has integrated the Router Protocol, which has greatly reduced the cross-chain price and efficiency. Now it only takes 5-20 seconds to transfer money to the metis network, and the cross-chain fee is more than 70% cheaper than the same type of stargate and wormhole.

2️⃣ Greatly improve privacy features. metis also improves privacy functions by integrating the privacy computing layer of Secret Network. Very practical functions include anonymous voting, anonymous NFT bid, generating real random numbers, etc.

3️⃣ More token use cases. $METIS has officially opened decentralized sorter mining. This is the first L2 project to be opened. Through token rewards, network users are closely combined with metis network security, with an apr of up to 20%.

In short, don't be affected by the market's bad voice on Ethereum, continue to pay attention to related ecosystems, and pay attention to L2 projects such as metis. I wish everyone can grasp the next market and get the ideal results💴.