80% of L2s on Ethereum are witnessing underwhelming user activity, with activity skewed towards the more prominent L2s

Ethereum’s L2s are not doing too well. Data from L2Beat shows that prominent L2s like Arbitrum and Base handle around 90% of the total Ethereum scaling traffic, while the smaller or newer ones struggle with low engagement.  According to data from L2Beat, which tracks about 136 projects, only about 27 projects currently record a daily […]