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Ethereum's Layer-2 Networks Dominated Transaction Activity in Q3, Driven by Base and Friend.tech


According to Messari's State of Ethereum report, Ethereum's Layer-2 networks accounted for 61% of all transactions in the third quarter. The surge in activity was driven by the launch of Base and the popularity of the Friend.tech social token platform. Despite the impressive growth of Layer-2 solutions, the overall market sentiment remains cautious due to the current bear market
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