The market for Layer 2 solutions on Ethereum has been growing steadily with Dencun and Proto-danksharding solidifying their value for users of the network with significantly lower gas fees.
Currently, the L2 market amounts to around $38.61B with Arbitrum, Optimism, and Base collectively comprising 74.4% of the total L2 market share.
Pay attention to this in Coin Market Cap:
The FTX bankruptcy proceedings are underway. The FTT token no longer has any use, and may be liquidated by the estate to pay creditors. Please proceed with caution
