So cool, ETH skyrocketed in July, and L2 also ignited a frenzy on-chain at the same time!
In July, the trading volume on L2 on Uniswap alone approached $40B.
Arbitrum, Unichain, and Base are leading the charge, with @arbitrum topping the list with a trading volume of $13.99B! 🔥
So, my friends,
Is ETH paving the way for L2?
Or is L2 boosting ETH's continuous rise?
It's getting a bit hard to tell.
📈 DeFi up only
As capital from Europe and the US continues to flow in and TradFi officially enters the scene, on-chain finance is moving from the margins to the mainstream, with ETH and L2 working together to kick off the next round of crypto innovation's super flywheel.
Is the summer we know not far away?
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