Data: In May, the Base network achieved an on-chain profit of $6.98 million, the highest among all L2 networks.
According to crypto data analyst Kofi Data, in May Base network achieved on-chain profit of $6.98 million, the highest among all L2 networks. Optimism ranked second, with on-chain profit of $1.57 million, while Scroll, Arbitrum, and Linea ranked third to fifth. Note: On-chain profit = L2 gas fee revenue - batches published and verification proof on L1
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason
Metaplex unveils indexing and data availability network for Solana
BREAKING: Important Development – Surprise Altcoin Announces It Raised 100 Million Dollars
Is Bitcoin's Rise Real? Analyst Makes Reference to 2021, Announces New ATH Prediction!
The analyst stated that when Bitcoin's ATH level in 2021 is adjusted for inflation, its new ATH level in 2024 corresponds to $83,000.
Trending news
MoreCrypto prices
More
