Analysis: Ethereum L2 solution may trigger market concerns about liquidity fragmentation
Odaily2024/08/06 18:11
By:Odaily
Odaily News Several analysts have pointed out that the surge in Ethereum Layer 2 solutions is raising concerns about liquidity fragmentation. Patrick Liou, head of sales at Gemini, said that the emergence of multiple Layer 2 blockchains, although intended to solve scalability issues, has inadvertently weakened the operation and adoption of blockchains and their applications. Although it is not easy to transfer liquidity from one blockchain to another, advances in bridging applications are making the process smoother. Geminis report shows that a new Ethereum Layer 2 appears every 19 days, further exacerbating the problem of fragmented liquidity. (TheBlock)
0
0
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.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Bitcoin secures $4.5B in NFT sales with over 75M Ordinal inscriptions
Grafa•2024/09/20 03:30
Stablecoin issuers become 18th largest holders of US Treasuries
Grafa•2024/09/20 03:30
RFK Jr. debunks Bitcoin mining myths
Grafa•2024/09/20 03:30
Federal judge dismisses Consensys’ lawsuit against SEC over Ethereum
Grafa•2024/09/20 03:30
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$63,644.16
+2.48%
Ethereum
ETH
$2,493.46
+3.59%
Tether USDt
USDT
$1
+0.03%
BNB
BNB
$567.53
+1.13%
Solana
SOL
$143.83
+4.06%
USDC
USDC
$0.9999
-0.00%
XRP
XRP
$0.5873
+0.25%
Dogecoin
DOGE
$0.1055
+1.19%
TRON
TRX
$0.1521
+1.51%
Cardano
ADA
$0.3581
+2.62%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now