Something’s happening with Layer 2 networks that’s worth paying attention to. While Ethereum (CRYPTO: ETH) processes roughly 1.65 million transactions daily, Layer 2 platforms are now handling over 5 times that volume, with weekly active addresses reaching 10.18 million. This isn’t speculation. This is real migration happening in real time.But here’s where it gets interesting for investors. Strong usage doesn’t automatically translate to strong token performance. I’ve been tracking these networks closely, a ...

Layer 2 networks now handle most Ethereum activity, which means the mainnet processes fewer fee-generating transactions. Lower gas prices lead to weaker burn rates, cutting into the deflation story that once attracted investors.Ethereum's decline reflects problems that go deeper than normal market cycles. User activity has moved elsewhere, fees have collapsed, and institutions are starting to question whether ETH can still capture value from the ecosystem it helped build.Throughout these five months, the ch ...

EigenLayer Ecosystem Expansion - EigenLayer officially unveils multi-chain verification, starting with Base, marking a major evolution in its ecosystem [1] - Active Validated Services (AVSs) can now operate on Layer 2 networks and other blockchains while keeping EigenLayer's security intact [1] - The multi-chain verification feature is live on Base's Sepolia testnet, with a full mainnet rollout and support for additional chains expected in Q3 [3] Security and Functionality Improvements - EigenLayer's security model expands from Ethereum's mainnet to faster, cheaper Layer 2s, improving user experience and reducing costs [2] - Critical operator data, including slashing events or node removals, syncs instantly across all chains [3] - Developers can configure contract parameters and have their services live within hours, offering more flexibility and reach [2] Partnerships and Future Goals - EigenLayer aims to create a "verifiable cloud" for decentralized apps, following the June launch of EigenCloud [4] - EigenLayer is partnering with key infrastructure players such as Infura, LayerZero, and Pier Two, which oversees over $1 billion in delegated assets [4] Staking and Protocol Value - Nearly $18 billion in staked ETH and liquid tokens are locked in the protocol, supporting a variety of decentralized applications [3] - EigenLayer allows users to re-stake ETH, including liquid staking tokens, to secure multiple third-party apps simultaneously [2]

EigenLayer Overview - EigenLayer allows users to re-stake ETH and liquid staking tokens to secure third-party apps [1] Multi-Chain Expansion - EigenLayer officially unveiled multi-chain verification, starting with Base, marking a major evolution in its ecosystem [1] - Active Validated Services (AVSs) can now operate on Layer 2 networks [1]

Key Updates - EigenLayer officially launched multi-chain verification, starting with Base, marking a significant advancement in its ecosystem [1] - This update allows Active Validated Services (AVSs) to operate on Layer 2 networks and other blockchains while maintaining EigenLayer's security [1] - The multi-chain verification feature is currently live on Base's Sepolia testnet, with a full mainnet rollout and support for additional chains expected in Q3 [3] Technology and Functionality - AVSs can now deploy on faster, cheaper Layer 2s, enhancing user experience and reducing costs [2] - Developers can configure contract parameters and have their services live within hours, providing greater flexibility and reach [2] - Critical operator data, including slashing events or node removals, syncs instantly across all chains [3] Ecosystem and Partnerships - EigenLayer supports a variety of decentralized applications with nearly $18 billion in staked ETH and liquid tokens locked in the protocol [3] - EigenLayer is partnering with key infrastructure players such as Infura, LayerZero, and Pier Two, which oversees over $1 billion in delegated assets [4] - The release aligns with EigenLayer's broader objective of establishing a "verifiable cloud" for decentralized apps, following the June launch of EigenCloud [4]