Layer 2 Expansion - Gate crypto exchange is adopting OP Stack for its new Layer 2 solution [1] - Gate follows Coinbase and Kraken in utilizing Layer 2 technology [1] Industry Trend - Crypto exchanges are increasingly exploring Layer 2 solutions [1]

RT Crypto.com Research & Insights (@cryptocom_rni)DeFi+L1L2 Update:📈 RWA market surpassed $30B, marking a 93% YTD increase⛓️ Ethereum's Fusaka upgrade was scheduled for December with 12 EIPs included🪙 PayPal is expanding its PYUSD stablecoin to eight new blockchainsFull details 👇https://t.co/fgF09XCIUo https://t.co/2VCJsBCRk3 ...

RT Syndica (@Syndica_io)1/ 🔥 Solana is squarely in the lead against all other chains.In August Solana boasted 839 active TPS, 51M unique wallets, and over 97% of tokenized stock volume.Here’s why Solana is dominating Layer 1 & 2 activity 🧵 https://t.co/SQWWw6HNac ...

Core Viewpoint - Citigroup has updated its forecast for Ethereum, predicting a decline to $4,300 by the end of the year under a baseline scenario, down from the current $4,515. In a bullish scenario, Ethereum could rise to $6,400, while in a bearish scenario, it may drop to $2,200 [1] Group 1: Market Activity and Value Drivers - Network activity remains a key driver of Ethereum's value, with most recent growth occurring in layer-2 networks, though the "transmission effect" of this value to the Ethereum main chain is still unclear [1] - Citigroup assumes that only 30% of layer-2 activity contributes to Ethereum's value, suggesting that the current price is above its activity-based model valuation due to strong capital inflows and enthusiasm around tokenization and stablecoins [1] Group 2: ETF Inflows and Market Dynamics - Although Ethereum ETF inflows are smaller than Bitcoin's, the price impact per unit of capital is greater for Ethereum. However, due to Ethereum's smaller market capitalization and lower recognition among new investors, inflows into Ethereum ETFs are expected to remain limited [1] - Citigroup analysts believe that macro-level support is limited, and with the S&P 500 index nearing their target of 6,600 points, a significant rise in risk assets is not anticipated [1]

Ethereum Layer 2 Starknet resumes block production after network outage https://t.co/w0MkUR5SaW ...

Layer 2 Scaling Solution - Starknet plans to scale Bitcoin and Ethereum together on a single Layer 2 [1] - BTC is live on Starknet DeFi [1] - The community voted to introduce BTC Staking [1]

Ethereum Ecosystem Evolution - Ethereum's value is significantly shaped by the projects built upon it, transforming it from a base layer into a robust ecosystem [1] - Projects adapted and propelled Ethereum forward, preventing its potential collapse under its own limitations [5] DeFi Innovation - Uniswap revolutionized market dynamics with its liquidity pool and swap mechanism, defining the concept of DeFi [1] - MakerDAO introduced DAI, the first stablecoin independent of corporate backing, establishing stability without traditional banks [2] - Aave decentralized lending and borrowing, shifting trust from individuals to code [2] Infrastructure Development - Lido democratized staking, making it accessible to a wider audience and influencing 50% of Ethereum's validator set [3] - ENS transformed numerical addresses into user-friendly names, enhancing on-chain identity [3] Layer 2 Scaling Solutions - Layer 2 solutions like Arbitrum, Optimism, and Base expanded Ethereum's capacity, accommodating millions of transactions [3][4] - These Layer 2 projects ensured Ethereum's survival by alleviating high fees and complexity [4]

💥BREAKING:Big holders are shifting from #BTC and #ETH into L2 #memecoin projects with explosive potential. 💥Are we seeing the next wave of crypto momentum? 📈 ...

Market Overview - The total crypto market is down 2.8% to $3.94 trillion [1] Category Performance - Layer 2 category experienced a decline of 6.63% [1] - Meme category decreased by 5.86% [1] - AI category saw a reduction of 5.57% [1] - GameFi category declined by 5.53% [1]

DEX (Decentralized Exchange) - Starknet ecosystem features various DEXs, including CLOB (Central Limit Order Book) exchanges like RemusDEX and LayerAkira [1] - Aggregators such as FibrousFinance, RocketXexchange, avnu_fi, and OpenOceanGlobal enhance liquidity and offer optimal pricing across multiple chains [1] - Paradex offers CEX-grade speed with zk-privacy and unified margin [1] - WhalesMarket enables on-chain trading of pre-TGE tokens, airdrops, and points [1] Bridge - StarkGate is the official bridge for secure asset transfers between Ethereum and Starknet [2] - Cross-rollup bridges like Orbiter_Finance and Owlto_Finance facilitate asset transfers between Starknet, Ethereum, and other L2s [2] - Layerswap enables direct bridging between centralized exchanges and Layer 2s [2] - Rhinofi offers fast stablecoin bridging across chains [2] - Retro_bridge provides AI-powered multichain bridging across EVM and non-EVM chains [2] - Chaineye_tools offers a zero-fee bridge [4] AMM (Automated Market Maker) & Derivatives - EkuboProtocol is a high-performance AMM on Ethereum & Starknet [4] - CarmineOptions provides an on-chain AMM for options trading [4] - Extendedapp offers a decentralized perpetuals exchange on Starknet [4] Lending & Staking - Vesuxyz is a modular lending protocol on Starknet [4] - Nostrafinance is an all-in-one DeFi hub offering lending, borrowing, swapping, and bridging [4] - Endurfi allows staking STRK to earn rewards [4] Wallet - myBraavos is a self-custodial wallet supporting Starknet, Bitcoin, ETH, and more [5] - ready_co provides a gateway to Starknet DeFi [5] - BitgetWallet is an all-in-one Web3 wallet with over 80 million users [5] - dynamic_xyz powers user access to Starknet and multi-chain apps [5] Infrastructure - 0xvoyageronline is a Starknet explorer [5] - redstone_defi provides oracles for scalable DeFi [5] - NethermindStark is building Starknet's scalability infrastructure [5] - BlastAPI is a multichain API platform [5] - Infura_io is a Web3 API suite powering over 400 thousand developers [5] - Alchemy offers an all-in-one toolkit for on-chain app development [5] - Footprint_Data focuses on on-chain data analytics [5] - CalimeroNetwork enables building secure apps with encrypted data [5]