⚠️ Most Ethereum L2 networks… are not needed by anyone?

Fresh statistics speak for themselves 📊

Despite dozens of second-layer networks, there is real demand for only three:

🥇 Base (Coinbase)

🥈 Arbitrum (Offchain Labs)

🥉 Starknet (StarkWare)

💰 Distribution of L2 fees (according to Happy Coin News):

• Base — ~70% of all revenues

• Arbitrum — 19%

• Starknet — 4%

• All other L2s combined — a pitiful 7% 🤷‍♂️

📉 In fact, it turns out that "Ethereum fragmentation" is largely nominal.

The lion's share of activity and money circulates on just three platforms, while the others exist more as a formality.

🔥 But there is an important nuance

L2s really compete with Ethereum itself:

⛓ In the last 24 hours:

• Ethereum mainnet users paid validators $240 million

• ETH-based L2 platforms earned $210 million — only 12.5% less 😳

— Most of the market does not need L2s

📌In short, it turns out to be some kind of nonsense 🤠