ANALYSIS OF $ETH: The Price Drops, But the $L2 Infrastructure Remains Unstoppable
Ethereum ($ETH) is testing the support at $3,100, but the underlying ecosystem (its Layer 2s) is showing massive structural strength. The ETH strategy of delegating scalability to the L2s is working.
🌐 The Key Metric: TVL in L2
The Total Value Locked (TVL) in the leading Layer 2s of Ethereum continues to break records. This means that while traders are selling ETH out of macro fear, developers and advanced users continue to deposit capital into solutions like Arbitrum and Optimism.
Physical Support of $ETH: Support at $3,080 is vital. If this level gives way, we will see more short-term volatility.
Long-Term Strategy: The price of $ETH will follow the use of its L2s. A correction in the price of $ETH now is an accumulation opportunity for those who believe in mass adoption.
#Ethereum #L2s #Escalabilidad $ETH
