Ethereum Layer-2 is very successful, which native tokens are you investing in?

[Faisal2202]

Maybe Base is the network I'm best positioned for if I have an airdrop, as I've made a lot of transactions and use it a lot
However, I'm fully aware that because it's Coinbase's network, and it's a regulated exchange in the United States, the best chance is that an airdrop won't occur
Something may change with the legislation in the Trump era, but I keep my expectations low

What do you think? (about Base and regulations)

There's no doubt that Base is the most refined project in terms of L2 ecosystem on ETH, but as you said yourself Airdrop expectations are low still in terms of growth BASE is crazy but it doesn't matter like as they are not gonna drop their chain token.

Starknet StRK seems a little better than all others because others except the top ones. Tokenomics are not good at all for any L2 so everybody must consider a check on unlocks before any position even STRK is terrible.

[KryptoBull]

Maybe Base is the network I'm best positioned for if I have an airdrop, as I've made a lot of transactions and use it a lot
However, I'm fully aware that because it's Coinbase's network, and it's a regulated exchange in the United States, the best chance is that an airdrop won't occur
Something may change with the legislation in the Trump era, but I keep my expectations low

What do you think? (about Base and regulations)

Base is performing quite well and offers users an attractive option when looking to experience L2 on Eth. Coinbase's decision not to create a separate token is a wise one to avoid unnecessary trouble with the SEC, and the reality has proven that: Base's ecosystem can be sustained without a new native token.

However, under Trump's term, all SEC concerns would be eliminated, and a BASE token could potentially be launched to provide more value and utility for both the ecosystem and users. The upcoming legal framework will provide projects with specific guidance to follow, and Coinbase is very skilled in this area and they will do what is best for Base.

[erus]

Yep, BASE has not announced that its developers will launch a native token from BASE but the probability level is very high so that many of our communities use BASE for investment and trading, especially their daily trading.
More and more of them trade on DEX with various Meme coins and also use the swap feature of the newly born DEX platform, in order to get volume in case the original BASE token is actually launched.

Arbitrum and Optimism have been abandoned in our community, although only about 2% are used for small transactions, the reason is that Arbitrum and Optimism have launched tokens and provided rewards several years ago.

Base is really bustling thanks to memecoins, but Arb and Op are also being used a lot. They are the best L2s in the Ethereum ecosystem, especially OP with its Op Stack being used by Base and many other L2s.

I also checked it on decentralized trading (DEX) like DexScreener where Meme coins in BASE are very much and almost a few seconds Meme coins immediately appear. Maybe because the fee is cheap in BASE so the development of Meme coins there is also very easy to create.

Currently, ETH price is stagnant and there has been no impressive explosion to create growth for the price of many L2 native tokens. We will wait for that moment, who knows, the BASE token may also be launched if Coinbase really has a plan to take full advantage of this uptrend

Do you know the leak that Coinbase will launch its native token?
If you know the leak about Coinbase will launch a token please share the information with me.

[joniboini]

If you know the leak about Coinbase will launch a token please share the information with me.

It has been rumored for years now, and I doubt they'll let people leak their plan just because it might affect how much they make from launching a native token. Most rumors usually involve being active on their base network just like any other L2 project. I think that makes sense unless Coinbase is too greedy and won't airdrop anything. That's such a stupid move because they directly went against the market trend though, so I doubt they'll do that. As always, DYOR.

[rdluffy]

Base is performing quite well and offers users an attractive option when looking to experience L2 on Eth. Coinbase's decision not to create a separate token is a wise one to avoid unnecessary trouble with the SEC, and the reality has proven that: Base's ecosystem can be sustained without a new native token.

However, under Trump's term, all SEC concerns would be eliminated, and a BASE token could potentially be launched to provide more value and utility for both the ecosystem and users. The upcoming legal framework will provide projects with specific guidance to follow, and Coinbase is very skilled in this area and they will do what is best for Base.

I'm in doubt, half of me thinks they can launch a token, the other half thinks they can't

The decentralization of the BASE network would be something cool to happen, in addition to the airdrop there could be decentralized governance and it could become an even more attractive network, independent of Coinbase.

However, Coinbase wouldn't have total control of the BASE network and it seems that the exchange wouldn't want to lose that control since it is now practically the most important exchange in the US, always on the side of regulation.

[erus]

If you know the leak about Coinbase will launch a token please share the information with me.

It has been rumored for years now, and I doubt they'll let people leak their plan just because it might affect how much they make from launching a native token. Most rumors usually involve being active on their base network just like any other L2 project.

In the crypto space, the name "Rumor" is usually "Delayed Fact", do you agree with me? As far as I know, Arbitrum, Optimism, zKsync and all of them based on Ethereum Layer 2 before they launched their native tokens, there were a lot of "Rumors" circulating and the end result was that the fact also became a reality by launching their native tokens in the market.

I think that makes sense unless Coinbase is too greedy and won't airdrop anything. That's such a stupid move because they directly went against the market trend though, so I doubt they'll do that. As always, DYOR.

Coinbase has been the largest and most trusted marketplace for a long time and as far as I know before Binance listing, Coinbase was already present and successful. If Coinbase is really greedy and launched its native token but did not provide airdrop to the community, I think I will hate Coinbase from that moment on at the same time.

[KryptoBull]

I'm in doubt, half of me thinks they can launch a token, the other half thinks they can't

The decentralization of the BASE network would be something cool to happen, in addition to the airdrop there could be decentralized governance and it could become an even more attractive network, independent of Coinbase.

However, Coinbase wouldn't have total control of the BASE network and it seems that the exchange wouldn't want to lose that control since it is now practically the most important exchange in the US, always on the side of regulation.

I agree, as the BASE token could come with governance rights through a DAO instead of being led by Coinbase. I think Coinbase's experienced developers will know what's best for their ecosystem and they will decide whether or not to issue the BASE token.

Currently, both Arb and Op still have many issues to resolve regarding the value and utility of their native tokens in the L2 ecosystem. If Coinbase can overcome this challenge or is willing to accept it, I would also be willing to buy BASE tokens when they are introduced

[Report]

I'll answer your questions with simple like as my real experience.

I would like to know your opinion on this issue:
    Do you think the success of Layer-2 is also the success of Ethereum?
    Are you holding any native tokens of Layer-2?
    Are you planning to invest in tokens in the Layer-2 ecosystem this season?

• Success, my experience is that it is good in terms of reducing Ethereum transaction fees for each transfer, for example, if I send real Ethereum to the wallet, the fee is around 3 dollars, while if I send Ethereum L2 to the wallet, the fee is only around 0.3 dollars.
• No, I have never held native tokens from Layer 2 Ethereum like ARB and OP, somehow I seem to be less interested in their native coins.
• Let alone for investment, I am not interested in becoming a Hodler of ARB and OP, let alone I have to buy and invest. Maybe my knowledge is lacking about ARB and OP and I may tend to like Ethereum Layer2 only. 

This answers for owner this topic. Thank you.

[KryptoBull]

I'll answer your questions with simple like as my real experience.

• Success, my experience is that it is good in terms of reducing Ethereum transaction fees for each transfer, for example, if I send real Ethereum to the wallet, the fee is around 3 dollars, while if I send Ethereum L2 to the wallet, the fee is only around 0.3 dollars.
• No, I have never held native tokens from Layer 2 Ethereum like ARB and OP, somehow I seem to be less interested in their native coins.
• Let alone for investment, I am not interested in becoming a Hodler of ARB and OP, let alone I have to buy and invest. Maybe my knowledge is lacking about ARB and OP and I may tend to like Ethereum Layer2 only. 

This answers for owner this topic. Thank you.

+ Thanks a bunch for your detailed answer!

Right now, both L1 and L2 in the Eth ecosystem are facing issues related to tokenomics and coordination mechanisms. L2s were expected to bring a lot of value and benefits to Eth, but unfortunately, they are doing too well and competing directly with Sol and Avax instead of supporting Eth's value. The decline in demand for tokenization from institutions on Eth is also making L1 less used, less attractive, and causing the ETH price to drop.

At this very moment, the EF is focusing on upgrading L1, and this could threaten the value of L2 tokens. If Eth L1 becomes fast and good enough, users will leave L2 to fully enjoy the value of L1, including safety, security, decentralization, good liquidity, and reputation in the market.

[Report]

I'll answer your questions with simple like as my real experience.

• Success, my experience is that it is good in terms of reducing Ethereum transaction fees for each transfer, for example, if I send real Ethereum to the wallet, the fee is around 3 dollars, while if I send Ethereum L2 to the wallet, the fee is only around 0.3 dollars.
• No, I have never held native tokens from Layer 2 Ethereum like ARB and OP, somehow I seem to be less interested in their native coins.
• Let alone for investment, I am not interested in becoming a Hodler of ARB and OP, let alone I have to buy and invest. Maybe my knowledge is lacking about ARB and OP and I may tend to like Ethereum Layer2 only. 

This answers for owner this topic. Thank you.

-
Right now, both L1 and L2 in the Eth ecosystem are facing issues related to tokenomics and coordination mechanisms. L2s were expected to bring a lot of value and benefits to Eth, but unfortunately, they are doing too well and competing directly with Sol and Avax instead of supporting Eth's value.
-

Ethereum L1 is supported by Ethereum L2 such as arbirtum and optimism.
Ethereum L2 Arbirtum and optimism compete with Solana and Avalanche.

Solana and Avalanche compete in Ethereum L2 (OP and ARB) in what ways?
As far as I know, Solana and Avalanche are coins, which have their own blockchain (not token).

At this very moment, the EF is focusing on upgrading L1, and this could threaten the value of L2 tokens. If Eth L1 becomes fast and good enough, users will leave L2 to fully enjoy the value of L1, including safety, security, decentralization, good liquidity, and reputation in the market.

What stands for EF? Is that a new coin? Or is that an abbreviation of the Ethereum Foundations?


I will assume,
Ethereum L1 has a speed transaction of 3,000 Ethereum in 1 second with a transaction fee below 0.6 dollars.
Ethereum L2 has a speed transaction of 3,000 Ethereum in 1 second with a transaction fee below 0.3 dollars.

This almost the same comparison, what do you mean by that later all communities will definitely choose to return to Ethereum L1, isn't that right?