Ethereum

Lido DAO

Optimism

Gnosis

Metis

<ul class="news-points">
 <li>Ethereum sidechain Gnosis Chain completed its Dencun upgrade on March 11th and can now send blobs .</li>
 <li>Traders eye Layer 2 tokens such as Arbitrum (ARB), Optimism (OP), Lido DAO (LDO), and Metis after expected drop in gas fees on their respective L2s.</li>
 <li>The Dencun upgrade adopts proto-danksharding, increasing scalability and reducing gas fees.&nbsp;</li>
</ul>
Earlier today, Gnosis <a href="https://twitter.com/gnosischain/status/1767259776101052684" target="_blank" rel="noopener noreferrer nofollow">announced</a> that the Dencun upgrade is live on Gnosis mainnet. Ether’s (ETH) price is hovering above $4,000, fueled by anticipation surrounding the upcoming Dencun upgrade. With the upgrade set for Wednesday, March 13th the interest in Ethereum Layer 2 (L2) tokens in particular is surging.
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 The Dencun upgrade has been activated on the <a href="https://twitter.com/gnosischain?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@gnosischain</a> mainnet! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f421.png" alt="🐡" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f989.png" alt="🦉" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f421.png" alt="🐡" class="wp-smiley" style="height: 1em; max-height: 1em;"> Next <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum Mainnet <a href="https://t.co/S6GKhfe3TX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/S6GKhfe3TX</a>— Gnosis Chain <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f989.png" alt="🦉" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@gnosischain) <a href="https://twitter.com/gnosischain/status/1767259776101052684?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 11, 2024</a>
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The Dencun upgrade, which will adopt proto-dank sharding, is <a href="https://consensys.io/ethereum-dencun-upgrade" target="_blank" rel="noopener noreferrer nofollow">expected</a> to make Ethereum more efficient and secure by scaling the network. This is likely why there is increased interest in Ethereum Layer 2 tokens, which are tokens that are built on top of the Ethereum blockchain but that process transactions on a separate layer.&nbsp;
Crypto analyst Mike De…
The post <a href="https://coinedition.com/ethereum-layer-2-tokens-see-increased-interest-ahead-of-dencun-upgrade-2/" rel="noopener noreferrer nofollow">Ethereum Layer 2 Tokens See Increased Interest Ahead of Dencun Upgrade</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum Layer 2 Tokens See Increased Interest Ahead of Dencun Upgrade

Coin Edition

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