Can ETH Handle L2 Demand? ($)
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- 🏦 SWIFT to Trial Digital Asset Transactions in 2025. The prolific banking communications network is gearing up to embrace crypto.
- 👻 Grayscale Launches Aave Trust as its V3 TVL Surpasses $10B. The flagship DeFi lending protocol is gaining more support and attention.
- 📺 Upcoming HBO Documentary Claims to Know Satoshi Identity. 'Money Electric: The Bitcoin Mystery' premieres next week.
📸 Daily Market Snapshot: Bitcoin briefly dipped below the $60K barrier Thursday, but a rougher week for ETH prices still brought bitcoin dominance back above 58% – within striking distance of its highest point since ETH's early 2021 run-up.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.11T | ↗ 0.1% | ↘ 7.5% |
|
BTC $60,913 | ↗ 0.6% | ↘ 6.3% |
|
ETH $2,352 | ↘ 0.5% | ↘ 10.8% |
|
AXL $0.647 | ↗ 12.0% | ↘ 8.6% |
Most of us who spend time in the world of Web3 believe that new waves of adoption are around the corner. From global payments, tokenization, and DeFi to gaming and online culture, the promise of useful crypto applications reaching the wider world feels closer than ever. However, for this vision to become reality, the underlying infrastructure must be prepared to handle the extra weight.
Today, we aim to answer a crucial question: Is Ethereum equipped to handle the growing demand placed on its Layer 2 solutions?
Let's dig in 👇
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Dive into crypto regulation with CFTC Commissioner Summer Mersinger on the latest Bankless episode.
Learn how the CFTC navigates the evolving world of digital commodities, the differences between CFTC and SEC oversight, and the challenges of regulating decentralized finance. A must-listen for anyone following crypto’s regulatory future!
Hear all of the analysis! 👇
Each week, Citizens get a curated list of market opportunities that the Bankless team is watching 👇
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