In the first half of June 2024, over 50% of Ethereum transactions shifted to layer-2 solutions, surpassing layer-1 counts. The Dencun upgrade fueled this growth, boosting the TVL to $48.2 billion. Despite benefits, centralized sequencers pose risks like censorship and security breaches. Linea's recent exploit highlighted the urgency for decentralization. While some delay citing latency concerns, community incentives can drive acceptance. Sequencer mining and revenue-sharing models align short-term gains with long-term network security. The industry must prioritize decentralization to ensure sustainable growth. Stakeholders, including Bitcoin L2s, must adapt to evolving norms. The future of L2s hinges on collective action towards a decentralized ecosystem, fostering innovation and user retention. Early adopters stand to gain, but unity is key for holistic progress in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news