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The competition among Ethereum Layer 2 (L2) scaling solutions is intensifying, with Base, Arbitrum, and Optimism emerging as dominant players. Base, developed by Coinbase, is witnessing significant growth in transaction count, throughput, and total value locked (TVL), and is expected to catch up to Arbitrum, which had a first-mover advantage. Arbitrum and Optimism currently hold leading positions in the Ethereum Virtual Machine (EVM) scaling space. Coinbase's expertise, including USDC, smart wallet, and direct on/off ramps, is contributing to Base's growth.
imagine if L2s could collect more margin because their operating costs were lower the path to challenging the EVM is an arduous one what you get as an L2 provider is a built-in intents engine the best case for Fuel imo is to get more adoption at the L1/L2/L3 level https://t.co/LLB5ATHUJR
People think that an alt L1 can compete with whatever Coinbase is cooking on $ETH with Base, USDC, their own smart wallet, direct on/off ramps, leading position as an exchange and crypto custodian, strategic relationships, expertise in delivering easy to use simplified UX, and…
accessability of tezos and comfort of evm tezos still >> culturally i think ppl overestimate layer/network/token effects all got different cultures and different user bases, no shame in using more than one, or just the one you're comfy w/ imo eth mainnet still rocks for 1/1's https://t.co/fLd50OkCE1