l2s

According to CoinDesk, data shows that the average daily active addresses on Ethereum rose in January due to a decrease in transaction fees, even surpassing major Layer 2 networks at one point. According to Token Terminal, the daily active addresses on Ethereum approached 1 million this month and briefly rose to about 1.3 million on January 16, before falling back to around 950,000.However, analysts warn that the active address data may be overstated. Security researcher Andrey Sergeenkov pointed out that the address growth in January is highly correlated with attacks such as Address Poisoning, where attackers send tiny amounts of stablecoins to a large number of wallets, causing fake addresses to appear in the victim's transaction records, thereby inducing erroneous fund transfers. Overall, there are signs of recovery in Ethereum's mainnet activity, but the short-term data is mixed with a lot of non-genuine demand, and the "quality of on-chain recovery" still needs further observation.

Data shows that the average daily active addresses on Ethereum have rebounded due to a decrease in transaction fees, even surpassing major Layer 2 networks at one point. According to Token Terminal statistics, the daily active addresses on Ethereum approached 1 million this month and briefly rose to about 1.3 million, before falling back to around 950,000. However, analysts warn that the active address data may be overstated. Security researcher Andrey Sergeenkov pointed out that the growth in addresses is highly correlated with attacks such as Address Poisoning, where attackers send tiny amounts of stablecoins to a large number of wallets, causing fake addresses to appear in the victim's transaction records, thereby inducing erroneous fund transfers.Overall, there are signs of recovery in Ethereum's mainnet activity, but the short-term data is mixed with a lot of non-genuine demand, and the "quality of on-chain recovery" still needs further observation.

According to on-chain analyst Yu Jin's monitoring, the Ethereum mainnet Gas has dropped to 0.1 Gwei, and the Gas fee for a transfer transaction is only 0.02 USD. Currently, the transfer fees for some mainstream L2s are as follows: Arbitrum is 0.004 USD, OP Mainnet is 0.006 USD, and Base is 0.03 USD.

The Ethereum Account Abstraction team has released the "Ethereum Interoperability Layer" (EIL) proposal, aimed at allowing all L2s to operate seamlessly as if they were on the same chain.EIL is based on ERC-4337, enabling users to perform cross-chain operations with a single signature within their wallets, without the need for cross-chain bridges or relays, while maintaining self-custody and censorship resistance, thus achieving a unified experience in the Ethereum multi-chain ecosystem.

ChainCatcher news, according to Solana co-founder toly's tweet, multiple L2s are meaningless. If a single L2 can handle parallel execution, then it can exhaust all blobspace and run every use case. More importantly, there are not infinite useful smart contracts; there are only 6 important main smart contracts.In response, Ethereum community member @ryanberckmans commented that there is not only a lack of imagination for future L2s but also a lack of understanding of current L2s. Toly's post implying "only 6 main smart contracts are important" should become one of the proudest, most absurd, and most mundane predictions in cryptocurrency history. This will be proven time and again in the years to come. 1confirmation founder Nick Tomaino retweeted in agreement with this viewpoint.

ChainCatcher message, Manta Network officially launched the Expedition exploration event, encouraging users to cross-chain ETH from Scroll and other L2s to Manta, hold assets on the Manta chain, participate in DEX trading, and add LP to earn double points. The event lasts for 3 months, and at the end, the points will be exchanged for real MANTA token rewards.

ChainCatcher news, according to Grow the Pie data, the current daily active users on the Manta Pacific chain are 102,000, ranking third among L2s, only behind Base and Arbitrum. Additionally, the current Manta Gas is only 21.07 Gwei, the lowest among all L2s. In comparison, Base is at 652.38 Gwei, and Arbitrum is at 1950 Gwei.Manta Pacific is the first and largest modular L2, supported by institutions such as Binance Labs and Polychain. The current on-chain gas profit sharing program, Gas Gain, is underway.

ChainCatcher news, Alex Gluchowski, CEO of Matter Labs, the main developer of ZKsync, believes that as L2s continue to increase, fragmentation is the next major challenge that needs to be addressed in the blockchain space.He stated that the new competition will be between projects providing interoperability solutions, "more specifically, the Superchain from Optimism and the Elastic Chain from Matter Labs, as they are the only two ecosystems in blockchain that actually implement interoperability." Gluchowski expressed skepticism about whether Optimism's interoperability plans would be easily achievable without upgrading its system to incorporate zero-knowledge proofs, "these are complex technologies."Gluchowski mentioned that L2 chains need to be redefined and viewed as useful for specific use cases, "the real question is, do we have significant L2s? I don't think we need too many general-purpose L2s, but we do need some application-specific L2s or community-specific L2s."

ChainCatcher message, Vitalik Buterin posted on Warpcast: "Welcome Optimism to the L2 club with stage 1, and looking forward to more L2s, especially those based on zero-knowledge proofs, joining."

ChainCatcher news, the decentralized indexing protocol Hemera announced on X that Hemera has partnered with 0G Labs to launch BlobArchive, providing permanent data availability for L2. BlobArchive can store all data blobs created after the launch of EIP-4844 on Ethereum. Taiko is the first customer to retrieve blob data using this solution after EIP-4844.BlobArchive leverages cloud hosting and decentralized storage to create a decentralized solution with performance guarantees, featuring high performance, permanent storage, and easy verification.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on social media: "We need an open decentralized (no operators, no management) protocol for quickly transferring assets from one L2 to another and integrating it into the default sending interface of wallets. But before getting too attached to any fancy toys, let's do the foundational work first."He also added: "I think we need to establish an 'Infrastructure Guild' in addition to the 'Protocol Guild.' It can cover advanced programming languages, L2 token bridging protocols, ZK-EVMs (Zero-Knowledge Ethereum Virtual Machines), light clients, portal networks, and their extensions. Anything that does not involve tokens, operators, and governance, but is not part of L1, is valuable content within the entire ecosystem."

ChainCatcher news, NFTScan data shows that the NFT trading volume on the Base chain reached 11.6 million dollars in the past 7 days, ranking first among L2s; in addition, the NFT trading volume on the zkSync Era chain reached 9.9 million dollars in the past 7 days, ranking second; the NFT trading volume on the Blast and Arbitrum one chains reached 1.5 million dollars in the past 7 days, ranking third.

ChainCatcher message, Mirror L2 has officially been renamed to Mirror Staking Protocol, which will focus more on providing decentralized and secure BTC staking solutions for BTC L2 projects, ensuring the safe transfer of BTC to L2 and sharing it within BTC L2.Mirror Staking Protocol utilizes the overlapping group multi-signature (MSG) algorithm, managed collectively by hundreds of nodes, which has been published in top conference papers. This is also a practice of modular blockchain design, generating mBTC that is 1:1 anchored to BTC and is EVM compatible, empowering the restaking mechanism.Mirror provides secure and decentralized BTC staking solutions for BTC L2 projects, and Mirror and BTC L2 projects are in an upstream and downstream collaborative relationship.Mirror's subsequent plan is to establish TVL and ecosystem together with other BTC L2 projects through the "Stake Once, Earn Twice" campaign.

ChainCatcher news, according to Cointelegraph, Manta Pacific co-founder Kenny Li stated that among the currently active 44 Ethereum Layer 2 blockchains, only a few will survive in the next 5 years. Li believes that the surge of new Layer 2 solutions on the Ethereum network is repeating the past "forking" issues seen in Bitcoin and Ethereum networks. In Li's view, the core problem with all "forks" of Bitcoin and Ethereum is that they are built as wholes, meaning they cannot quickly integrate and adopt new technologies that emerge over time.However, Austin Federa, strategic director of the Solana Foundation, referred to the debate around modularity versus monolithic as a marketing gimmick. "Celestia created the distinction between modularity and monolithic. This is not a natural distinction, nor is there anything organic about it."

ChainCatcher message, Vitalik Buterin posted on X that all L2s should run on the CCIP resolver so that ENS subdomains can be registered, updated, and read directly on L2. ENS is very important, and it needs to be affordable.