Ethereum’s layer-2 network has just hit a new record, boasting over 13.6 million unique addresses – a remarkable 74% increase within just one week. This surge is primarily driven by Unichain’s expanding adoption across the ecosystem. ๐ This significant milestone signifies growing interest in Ethereumโs Layer 2 solutions, which aim to handle increased transaction volumes and lower costs. ๐ฐ Major drivers behind this growth include Unichain, Base, Arbitrum, Optimism, and zkSync, all of which have facilitated a substantial increase in transactions. Uniswap’s Unichain led the way with over 5.82 million active addresses, showcasing Uniswap Labsโ commitment to scaling. ๐ค The benefits are already being felt across the ETH network: increased gas usage and collateral within Layer 2 networks, which is reflected in the rise of related governance tokens like ARB, OP, and UNI. ๐ Despite the positive outlook, further developments remain to be seen as the impact on the overall price of Ethereum (ETH) is still unfolding. ๐ The bullish signals from the Ichimoku cloud and predictions by anonymous crypto traders CRG further add to this optimistic perspective. ๐ฎ While the financial implications are currently limited to user participation and transaction volumes, similar growth in the past has ignited interest in DeFi and DEX ecosystems on Ethereum. This could potentially lead to future technological advancements as Layer 2s solidify their role in the future of the crypto ecosystem. ๐