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]

Market Dominance - Ethereum holds a 90% share of on-chain liquid assets, drawing parallels to Google's search dominance [1] - Layer 2 solutions like Coinbase and Robinhood are settling on Ethereum, a trend expected to increase with regulatory clarity [1] Future Potential - The report highlights insights on Ethereum's potential [1]

Ethereum Network & Regulation - Ethereum network has been institutionally managing and securing since proof of stake [1] - The Genius Act provides stable coin clarity, benefiting Ethereum as the majority of stable coins settle to it [1] - The industry is shifting from proof of concept to production with ZKevm on the way [1] Layer 2 (L2) Solutions - L2s are improving speed, privacy, and confidentiality [2] - Fast actors like Coinbase (with Base), Robin Hood, and Kraken are creating L2s that will settle to Ethereum layer 1 [2] - Bulge bracket banks are expected to have their own L2s settling to Ethereum [2] Institutional Adoption - The industry aims to educate Wall Street (top-down) and Main Street (bottom-up) about Ethereum [2]

RT tunez (evm/acc) 🤖 (@cryptunez)People often claim that L1s have a premium. This is wrong.In reality, L2s have a premium.Their tokens are not used for anything, yet somehow launch at multi-billion dollar valuations before going down only. https://t.co/S5PkDMk9bQ ...

Key Metrics - ETH in treasuries surged by 5,829% [2] - ETH on CEXs hit the lowest level since 2016 [2] - L2s now see 5x more daily users than L1 [2]

Industry Trends - 4 Bitcoin (BTC) mining operations transitioned to Ethereum (ETH) staking this quarter [1] - Sony, Coinbase (CB), and Robinhood (RH) all announced Layer 2 (L2) solutions [1] Supply Dynamics - 155 thousand ETH were unstaked and moved to exchanges from miners [1] - Exchange Traded Funds (ETFs) absorbed 315 thousand ETH this week alone [1] - Total ETH absorption is running at 3330% (33.3x) of new issuance [1]

L2 Adoption & Network Effects - Companies like Coinbase, Sony, Alibaba, Deutsche Bank, Robinhood & OpenAI have leveraged Layer 2 solutions (L2s) to create powerful network effects [1] - Setting up an L2 is crucial for benefiting from these network effects [1] - There is a high probability that the mentioned companies will establish their own L2s [1] L2 Benefits - L2s offer benefits beyond network effects, including settling on ETH L1, high customizability, and an attractive business model [1] - Base is generating approximately $80 million in annual revenue, indicating the potential of the L2 business model [1] ETH L1 Role - ETH L1 is positioned as the base layer of trust for the onchain economy [2]