L2s appear to have beaten Ethereum: So why is ETH still a Billion-dollar bet?
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最新报道：Ethereum's Layer-2 networks like Polygon, Arbitrum, and Optimism now dominate the ecosystem's transaction volume, handling millions of daily transactions compared to the mainnet. While this shift has contributed to a return to inflationary ETH supply and a decline in Ethereum's own TVL to around $66 billion, market sentiment remains strong. Derivatives data shows elevated Open Interest above $15 billion and positive funding rates, with multiple valuation models suggesting ETH is significantly undervalued, supporting the narrative of Ethereum as enduring core infrastructure.
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