Ethereum Revenue Boost Expected as Layer-2 Activity Surges

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Ethereum Revenue Boost Expected as Layer-2 Activity Surges - BitcoinWorld

Quick Summary:

Ethereum Revenue Boost Expected as Layer-2 Activity Surges Ethereum’s network revenue is poised for a significant revival, driven by the rapid expansion of Layer-2 (L2) networks.

In November 2024, L2 solutions like Base, Scroll, and World Chain tripled the transaction data posted to Ethereum’s mainnet compared to March, according to Dune Analytics.

While the upgrade initially led to a notable drop in Ethereum’s revenue due to reduced transaction fees, the resurgence in activity through L2 networks is driving a revenue recovery.