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The adoption of Layer 2 solutions (L2s) on Ethereum is gaining traction as users seek cheaper transactions. L2s are seen as a way to scale Ethereum's capabilities and attract more users. Meme coins are being used as a go-to market strategy for L2s and alternative Layer 1 solutions. Despite skepticism from some, there is significant demand for transacting with Ethereum using L2s, with expectations of induced demand and innovation. The focus is on building tech for Ethereum adoption and leveraging aggressive marketing for L2 adoption.
Ethereum adoption is about building tech. L2 adoption is about building funnels and aggressive marketing. The two L2s running the show are less than six months old and went to market with that understanding. Lesson in there.
Why do you as an Ethereum user & maxi Fade the only L2 Which is gaining traction in 2024
i want every alt-L1 maxi to cry loudly and publicly about people using Ethereum L2s every single day for the rest of the cycle that is how we will 1000x the ETH userbase