L2s create demand for ETH. Kate @ElectricCapital digs into the numbers 👇🏽
Kate Li
Kate Li15.7. klo 00.52
1/ L2s aren’t just scaling Ethereum. They’re scaling demand for ETH. • 50K+ ETH bridged to L2s weekly • ETH = 35% of L2 lending collateral • Every new wallet = more ETH to hold, trade, and stake L2s turn ETH into the monetary base of the on-chain economy.
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