CandleFocus

Manta Network and Base Lead Growth in Ethereum Layer 2 Ecosystem

Author: Content Editor
The Layer 2 Ethereum ecosystem is expanding and remaining stable, with increased activity in unique active addresses across multiple applications. Manta Network has experienced a remarkable 101% increase in active addresses within a month, signaling increased user attention and integration with other projects. Other Layer 2 networks, including Base and Arbitrum, have also seen growth in active addresses, highlighting the adoption and benefits of Layer 2 scaling solutions. These networks offer lower transaction costs and improved user interfaces compared to the Ethereum mainnet, attracting more users to the Layer 2 space. The expansion of Layer 2 technologies, led by Manta Network and Base, indicates a broader shift towards optimizing interactions with the Ethereum network through enhanced functionality and lower costs.

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