💹Layer2 Boosts ETH to Quickly Seize Market Share

With the continuous development of layer2 solutions on Ethereum, ETH is expected to further seize the share of the traditional financial market.

Layer2 is a second-layer protocol built on the Ethereum network, which can significantly increase the throughput and transaction speed of the Ethereum network while reducing transaction fees. For example, Arbitrum is an Ethereum-based layer2 solution that enables high-speed and low-cost smart contract execution and transactions.

The Ethereum network will be able to better meet the needs of different application scenarios and attract more users and capital inflows with the emergence of layer2 solutions. The development of layer2 will also help the Ethereum network to be more widely used in exchanges and other scenarios, and further increase the proportion of ETH in the traditional financial market.