💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Layer 2 Development Accelerates, Arbitrum Airdrop Leads New Landscape
Development Prospects of Layer 2 under the Airdrop Craze
The Arbitrum Airdrop has become the most eye-catching event in the recent crypto market, sparking a wave of interactions in the Layer 2 ecosystem. According to data, the TVL of Arbitrum One has reached $2.25 billion, accounting for 66.86% of the Layer 2 ecosystem, with the number of unique addresses exceeding 4 million. The number of active users during the week of the airdrop reached 1.38 million.
This airdrop has brought some interesting phenomena:
The airdrop rules failed to effectively shield witch addresses, resulting in some individuals and groups obtaining substantial profits.
A large number of users are flocking to other Layer 2 projects that have not issued tokens for interaction, especially zkSync and StarkNet.
Frequent interactions on Layer 2 lead to accelerated ETH burning, with ETH showing a stable deflationary trend.
Chinese users have a high enthusiasm for Airdrop, with zkSync ranking first in global search volume.
After the issuance of the $ARB token, the market value of the Arbitrum ecosystem has declined, and on-chain activity has decreased.
Apart from Arbitrum, zkSync and StarkNet are currently the most关注的 Layer2 projects:
zkSync Era has officially opened to users, with a TVL of $42.86 million and over 240,000 unique addresses. There are already 34 projects launched in the ecosystem, including DEX, NFTs, and more.
StarkNet leverages zk-STARK technology for scaling and has deployed the native token $STRK. There are over 50 ecological projects covering various fields such as DeFi, NFT, and gaming.
In addition, projects like Scroll, Base, and Linea are also developing rapidly, attracting a large number of users to participate in the testnet interactions.
In terms of BTC's second-layer network, the development of the Lightning Network is stable, and the emergence of the serial number NFT concept has also driven the development of related projects.
Overall, Layer 2 technology and ecosystem still need improvement, and the real Layer 2 summer may not arrive until after the completion of the 2024 EIP-4844 upgrade. At that time, the Ethereum ecosystem applications will flourish, which may mark the beginning of the next bull market.