Layer 2 Network Activity - The Base ecosystem is rapidly emerging as a highly active Layer 2 network within the cryptocurrency space [1] Market Potential - The industry highlights Base's potential to become the next major retail hub in the crypto market [1] Momentum Drivers - The report analyzes the factors contributing to Base's recent growth and increased activity [1]

Ethereum Upgrade & Technology - Fusaka upgrade, including peer data availability sampling (peer DAS), significantly improves Ethereum's scaling capabilities by reducing data download requirements for validators by approximately 875% (8x efficiency gain) [6][7][8][9] - Blob parameter only forks (BO) will gradually increase data space supply, potentially reducing layer 2 fees by 40% to 95%, making sub-cent transactions more common [9][10][11] - EIP7918 establishes a minimum price for blobs, ensuring Ethereum captures value as layer 2 solutions scale [13] Institutional Investment & Market Dynamics - Ethereum futures volume on the Chicago Mercantile Exchange (CME) has surpassed Bitcoin futures volume, indicating increased institutional activity and rotation into ETH [19] - Institutions are showing interest in Ethereum options, with implied volatility exceeding 60%, signaling potential price movement and opportunity [21] - Potential approval of staking ETFs in 2026 could attract significant institutional investment, positioning Ethereum as a "digital real estate" asset generating yield [26][27] Market Analysis & Price Targets - Ethereum/Bitcoin ratio is at a historical support level of around 0032, with technical indicators suggesting a potential bullish reversal [27][28] - Standard Chartered has revised its ETH price targets, projecting $75000 by the end of 2025 and $25000 per ETH by 2028 [30] - VanEck's base case for 2030 is $22000 per coin, representing approximately 600% upside from current levels [31] Risks & Competition - Fragmentation across layer 2 solutions creates user experience challenges, potentially lagging behind competitors like Solana [36] - Macroeconomic factors, including Federal Reserve meetings, recession fears, and Treasury yields, pose risks to Ethereum's price [37][38] - Regulatory uncertainties surrounding staking rewards and KYC requirements for validators could negatively impact the staking economy [39] - Solana poses a competitive threat with faster, cheaper transactions and a better user experience, potentially capturing market share if Ethereum fails to scale effectively [32][33]

Starknet 生态 - Starknet 上的 BTCFi 活动持续加速 [1] - tBTC ( @tbtc_project ) 现已在 Starknet 上的多个协议中使用，包括借贷市场、质押选项和 AMM 池 [1] tBTC 整合 - tBTC 支持更广泛地访问 Layer 2 网络上的比特币流动性 [1]

RT everstake.eth (💙,💛) (@eth_everstake)Ethereum L2s are absolutely dominating the charts.Quarter 3 set a new record - 1.4B transactions across Layer 2 networks, showing just how fast Ethereum’s scaling ecosystem is growing.The breakdown you need:👇 https://t.co/HcbuNieF1Y ...

RT everstake.eth (💙,💛) (@eth_everstake)Ethereum L2s are absolutely dominating the charts.Quarter 3 set a new record - 1.4B transactions across Layer 2 networks, showing just how fast Ethereum’s scaling ecosystem is growing.The breakdown you need:👇 https://t.co/HcbuNieF1Y ...

RT Leon Waidmann 🔥 (@LeonWaidmann)🚨 Ethereum just broke another record! 🚨Layer 2 networks processed 25M transactions in a single day – a new all-time high.📈Add Ethereum mainnet (L1), and the ecosystem hit nearly 27M daily transactions.👉 That’s already bigger than many national payment systems:🇬🇧 UK Faster Payments ~11M/day🇩🇪 girocard ~22M/day🇫🇷 Cartes Bancaires ~40M/day (slightly higher)🇯🇵 Zengin ~7–8M/dayMind-blowing.🤯🌍 Still smaller than the very largest payment systems:🇮🇳 UPI ~650M/day🇨🇳 UnionPay & mobil ...