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𝐄𝐗𝐏𝐄𝐑𝐓 πˆππƒπˆπ€
February 25, 2025 at 10:00 AM
πŸ’°πŸ“Š Superchain will reach 80% of Ethereum L2 transactions in 2025 β€” Optimsm exec - Sony, Coinbase, Kraken and Sam Altman’s World are all building on Optimism’s OP Stack. ➑️ Ethereum’s fragmented layer-2 ecosystem has given rise to a dominant market player in Optimism, whose Superchain collective has attracted builders from several major firms from across the blockchain industry and beyond. πŸ’­ In an interview with Cointelegraph, Optimism’s chief growth officer, Ryan Wyatt, said Superchain now accounts for 60% of Ethereum layer-2 transactions. It’s on track to reach 80% by the end of the year. ➑️ In actual numbers, Superchain currently has more than $4 billion in total value locked and sees 11.5 million daily transactions, Wyatt said. - Superchain is a collective of layer-2s that are using Optimism’s OP Stack to scale the Ethereum network. So far, companies such as Coinbase, Kraken, Sony, Uniswap and Sam Altman’s World have joined the collective. πŸ’­ β€œEvery chain in the Superchain helps create a flywheel effect by contributing revenue back to the Optimism Collective, participating in governance, and supporting core development of the OP Stack,” said Wyatt. πŸ’­ Beyond just OP Stack developers, Ethereum layer-2s have seen significant growth over the past year. The total value secured across all Ethereum L2s peaked at around $55.5 billion in December, according to industry data. πŸ’­ L2s are likely to see even bigger growth once interoperability upgrades are implemented. For MetaMask developer Consensys, solving this so-called interoperability puzzle is a key priority. The company’s research director, Mallesh Pai, told Cointelegraph Magazine that crosschain swaps on L2s will be implemented this year. ___ 🟦 Stay connected with us on our social media platforms to receive the latest exciting updates. πŸ”₯ Trust our team of professional traders with your finances and see that smart investing is the key to achieving your financial goals. Trust Sybbex

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