Voice of Crypto’s Post

How can you capture the upside in L2 tokens? As Ethereum grapples with scalability issues and high transaction fees, L2 solutions like Arbitrum and Optimism emerge as vital players, promising enhanced speed and reduced costs. This shift not only attracts developers and users but also creates lucrative investment opportunities. To capture the upside of Layer 2 (L2) tokens, consider these strategies: ▪️Invest in Ethereum (ETH): ETH can be seen as an index for L2 ecosystems, as it benefits from the growth of L2 solutions. Holding ETH provides exposure to the overall L2 space. ▪️Build a basket of top L2 tokens: Focus on L2s with strong fundamentals, active development, and growing user adoption, such as Arbitrum, Optimism, and Polygon. This approach allows you to capture the potential upside of multiple L2 projects. ▪️Participate in L2 ecosystems: Engage with L2 protocols by providing liquidity, staking tokens, or using their services. This can generate yield and allow you to benefit from the growth of the L2 network. ▪️Wait for L2 token launches: Some major L2s like Arbitrum are expected to launch their own tokens in 2023. Participating in token distributions or buying tokens early can potentially lead to significant gains if the L2 ecosystem thrives. To capitalize on this growth, projects should leverage robust L2 launch and monitoring infrastructures. Zeeve provides unparalleled support for deploying, managing, and optimizing L2 solutions, ensuring that businesses can navigate this dynamic environment effectively. Embrace the future of blockchain—partner with us for your L2 needs and unlock your project's full potential. Which strategy will you be trying out this market phase? #l2 #blockchain #web3 #token #crypto

Solana is more competitive than BASE in the memecoin market because it's faster, cheaper, and has a larger, more active community. Solana can handle many transactions quickly and cheaply, which is perfect for rapidly trading memecoins. It has more developers and projects, making it a go-to platform for many in the crypto space. On the other hand, BASE is still catching up in terms of speed, costs, and community support, so it's not quite as attractive for memecoin traders yet. #BASE #Solana #Memecoin #MemecoinLaunchpad #MemeTokenomic #Tokenomic #Crypto #Web3

Transform your blockchain journey at L2con 2024 on July 9th! Collaborate with industry leaders to solve Ethereum's scalability issues & connect with top Web3 minds at this key event for the future of blockchain. Learn more. https://lnkd.in/dEi3C2Fa #Event #EventAlert #technology #DailyDose #FollowUs #StayTuned #StayConnected #trending #trendingnow #trendingpost #explore #explorepage #TechDogs

🚀 Web3 is Stuck — Here’s How We Move Forward 🚀 The Web3 space is facing a standstill, inundated with gambling tools instead of user-centric products. Finger-pointing at VCs, founders, and infrastructure abounds, but the root cause lies in misaligned incentives fostering short-term thinking. The prevalence of "grant mercenaries" chasing quick grants is hindering the creation of lasting value, plunging the ecosystem into stagnation. To break this cycle, our focus must shift to three key areas: 1️⃣ Prioritizing blockchains with active users and liquidity. 2️⃣ Encouraging builders to develop products that tackle real-world challenges. 3️⃣ Urging VCs to invest in impactful projects, emphasizing solutions over infrastructure. Embracing growth demands a willingness to navigate discomfort. Blockchains, builders, and investors must unite to propel the next wave of innovation. It's time to transcend the blame game and collectively construct a future-ready ecosystem. 🌐🔥 #Web3 #Blockchain #Innovation #Crypto #Builders #VCs #Growth #Future https://lnkd.in/dnCBNbTx

In this week's edition of The Insider, we examine the significant increase in decentralised exchange (DEX) volumes and its implications for the crypto ecosystem, with a focus on Solana and emerging trends. 🔍 The Insider - Decrypting the DEX Boom ▶ Market Shift: DEX to CEX ratio approaches 14%, marking the second time in history, with an upward trend since 2020. ▶ Volume Explosion: Solana's 1-year DEX volume up 77x, Ethereum L2s up 4x, Base up 14x, and Ethereum mainnet up 1.7x. ▶ DEX Concentration: Top five DEXs account for 60-70% of all trading volumes, led by Uniswap at 28%. ▶ Solana's DeFi Boom: Raydium expands market share from 21% to a peak of 60% in July, currently at 43% YTD. ▶ Memecoin Impact: 2.9 million new tokens added in the past year, with Solana holding 72% market share and Base at 22%. ▶ Ecosystem Economics: Solana's validator revenue shifts dramatically, with MEV rising from 1.9% to 15.3% and fees from 3.1% to 6.5%. ▶ Cross-Chain Competition: Justin Sun's SunPump on Tron challenges Solana's memecoin dominance, outpacing PumpDotFun in 24 hours. Our analysis reveals a complex landscape driven by memecoin speculation and changing trader behaviors, with implications for blockchain sustainability and market dynamics. Read the full analysis here: https://lnkd.in/e_G2d5uJ Subscribe for regular research updates: archimed.substack.com

Crypto Market Alert: $EIGEN's Explosive Start. As I watched $EIGEN list on BingX and other major exchanges this morning, I couldn't help but feel a sense of excitement. The token's impressive surge from $4 to $6 in minutes is a testament to its potential. With its cutting edge technology, $EIGEN is poised to: Enhance Ethereum's staking mechanisms Boost security features Enable seamless cross chain functionality As someone who has been in the crypto space for a while, I believe $EIGEN has what it takes to drive real change. What's your take on $EIGEN's future?

❗ Important Update ❗ In response to our target market's demands and to enhance the experience of your assets on Sinbad, we are updating our stablecoin offering on the Polygon network. All Sinbad accounts currently holding USDC on Polygon will be transitioned to USDT, one of the most widely adopted and liquid stablecoins in the crypto ecosystem. Read the full update here: https://lnkd.in/dKyX87m3 #crypto #sinbad #bitcoin #africa #middleeast #blockchain

Vitalik Buterin just dropped some 🔥 on how to speed up Ethereum transactions! 🚀 In his latest essay, the Ethereum co-founder [explores](https://lnkd.in/gqaXtGm8) tech that could cut L1 confirmation times from seconds to milliseconds. His big idea? Ditch epochs and slots for a single-slot finality system (SSF). 💡 #Ethereum #BlockchainRevolution

OKX Announces New Altcoin Listings: MOODENGUSDT and NEIROUSDT https://lnkd.in/epfFeBYu #digitalassets #MOODENGUSDT #NEIROUSDT #OKX #perpetualcontracts - #Cryptocurrency