L2s (Layer 2 scaling solutions) Future - Industry anticipates the beginning of the end for L2s [1]

Industry Adoption & Interoperability - The industry sees value in corporate chains, even if not directly building on existing chains, as they facilitate converting cryptocurrency to real-world goods [1] - The industry highlights the potential for increased flow between cryptocurrency and traditional systems, benefiting the overall ecosystem [1] - The industry acknowledges the complexity (8-12 hops) involved in converting assets like NFTs to usable credits (e.g, Google Play) [1] Institutional Perspective - Institutions might prefer building their own L1 chains due to concerns about the reliability of existing L2 infrastructure and partners [2] - The industry suggests that years of L2 development might be bypassed by institutions opting for independent solutions [2]

DeFi & Layer 2 - The industry is debating whether Ethereum or new Layer 2 solutions will dominate the future of DeFi [1] - The industry is placing bets on the future leader in the DeFi space [1]

Industry Trend - Corporations are launching Layer 1 blockchains (L1s) instead of Layer 2 solutions (L2s) or utilizing existing L1s [1] - The primary motivation for launching L1s is the potential for them to be valued at hundreds of billions of dollars [1] Technological Considerations - Building customizations on L2s or using extensions on platforms like Solana would be significantly less complex [1] - L2 solutions or extensions offer a more efficient alternative, requiring 100x less effort [1] Investment Opportunities - Creating an L1 represents a rare opportunity to pursue a billion-dollar venture for large corporations [1]

L2 Bridge Infrastructure - The industry envisions a standardized bridge for all Layer 2 solutions from the outset [1]

Ethereum Network Activity - Ethereum is hitting all-time highs (ATHs) in multiple metrics [1] - Daily transactions are at ATHs [1] - Active addresses are at ATHs [1] - Stablecoin supply is at ATHs [1] Scaling Impact - Ethereum is powering Layer 2 solutions (L2s), which it wasn't doing the last time it hit similar numbers [1] - Ethereum is powering 20 times the amount of transactions [1] - Ethereum is powering 10 times the amount of active addresses [1] - Ethereum is powering $15 million more in Stablecoin supply [1]

RT Marc, the Degen CEO of Polygon Labs (💜,⚔️, ※) (@0xMarcB)it is great to see Vitalik focusing on the user experience of L2s. it is clearly a better user experience to be able to to withdraw assets from a chain in under an hour rather than days. the key to making this happen is using zk proofs. this is one of the architectural decisions made on @katana that makes it better for defi than any other L2 since there is no need to wait days to withdraw assets.this is all made possible because of the plonky3 proof ...

DeFi Position Tracking - The platform allows users to view their DeFi positions across multiple protocols including Lido Finance, Aave, and Compound Finance [2] - The service supports multiple networks such as Ethereum and Layer 2 solutions [2] - The platform is accessible via MetaMask Extension and Mobile [2] Future Development - More features and details are expected to be released soon [1]

Layer 2 (L2) Networks - L2s are heating up, indicating increased activity or interest in Layer 2 scaling solutions [1]

Onchain Activity & Innovation - Contract deployments reflect the evolving scope of onchain activity and potential new behaviors or use cases [1] - Contract deployment serves as a signal for innovation and growing utility onchain [1] Ethereum Contract Deployments - Ethereum L1 remains a vibrant hub of activity despite developers shifting towards L2s [2] - New contract deployments on Ethereum spiked above 200 thousand per day multiple times this year [2] - Contract deployments lulled during the tail end of 2024 and the start of 2025, followed by a development spree in recent months [2]