“Latest excessive market volatility confirmed Arbitrum remains to be the lead performer within the L2 race, capturing six occasions the 24-hour buying and selling quantity of Optimism, and 25 occasions that of Base,” Ben Yorke, WOO Ecosystem VP stated in a observe shared with CoinDesk, referring to layer-2 blockchains. “That stated, what’s clear is that Ethereum remains to be in the end the top boss, overseeing greater than twice the amount of all Layer 2 scaling options mixed – pushed partly by the volatility surrounding Blackrock’s obvious submitting for an ETH ETF.”