Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms By Cointelegraph
In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the crypto community are necessary for any project that looks to have long-term success in the ecosystem.
Since each protocol facilitates low-cost, fast transactions, which both improves the ecosystem’s fundamentals and makes it more accessible to retail investors looking to profit from opportunities, layer-2 technologies like Arbitrum and Optimism have emerged.
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