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.

Airdrop expectations trigger interaction frenzy, is the summer of Layer 2 about to arrive?

This airdrop has brought some interesting phenomena:

  1. The airdrop rules failed to effectively shield witch addresses, resulting in some individuals and groups obtaining substantial profits.

  2. A large number of users are flocking to other Layer 2 projects that have not issued tokens for interaction, especially zkSync and StarkNet.

  3. Frequent interactions on Layer 2 lead to accelerated ETH burning, with ETH showing a stable deflationary trend.

  4. Chinese users have a high enthusiasm for Airdrop, with zkSync ranking first in global search volume.

  5. After the issuance of the $ARB token, the market value of the Arbitrum ecosystem has declined, and on-chain activity has decreased.

Airdrop expectations spark interaction frenzy, is the summer of Layer 2 approaching?

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.

Airdrop expectations spark interaction frenzy, is the summer of Layer 2 approaching?

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.

Airdrop expectations ignite interaction frenzy, is the summer of Layer 2 coming?

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.

Airdrop expectations spark interaction frenzy, is the summer of Layer 2 approaching?

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PanicSellervip
· 20h ago
Layer2 is here to Be Played for Suckers again.
View OriginalReply0
AlwaysMissingTopsvip
· 08-14 18:35
The air smells good, once sold it will big pump.
View OriginalReply0
wrekt_but_learningvip
· 08-12 19:13
What’s the use of huge profits? Just playing people for suckers again.
View OriginalReply0
TokenVelocityvip
· 08-12 19:11
Did you guys manage to grab this wave?
View OriginalReply0
NotFinancialAdviservip
· 08-12 19:11
Still rolling with airdrops? Just lying flat and doing nothing.
View OriginalReply0
WinterWarmthCatvip
· 08-12 19:11
The White Witch has been keeping an eye on it, no surprise.
View OriginalReply0
ChainBrainvip
· 08-12 19:00
Isn't it just Be Played for Suckers?
View OriginalReply0
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