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2024-11-07 18:39:26
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cointelegraph.com11 on Nostr: Ethereum's network revenues dropped by 95% after the March upgrade, but researchers ...


Ethereum's network revenues dropped by 95% after the March upgrade, but researchers expect a rebound due to surging activity on layer 2 scaling networks. These networks have been posting 3x more transaction data each day to mainnet than in March, according to Dune Analytics. The increased activity is driving demand for data storage, which is expected to boost Ethereum's revenues.

#MatthewSigel #EdwardWilson #mainstream #technology

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.
https://cointelegraph.com/news/ethereum-revenues-rebound-amid-l2-blob-uptick

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