Research

Emerging EVM L2s

Jan 24, 2024 ⋅  8 min read

Arbitrum and Optimism have increased in price by 54% and 49% in the last two months, respectively, but alternate L2s have also grown in prominence in both price and TVL. These emergent L2s heavily rely on incentives to garner attention and users, but Manta’s DDoS attack and fleeting user counts underscore the negative consequences of doing so.

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Toe is a technical research analyst at Messari specializing in DeFi coverage. Before joining Messari, he worked as a data scientist at both Celsius Network and IBM. Toe graduated from the University of Michigan School of Information.

About the author

Toe is a technical research analyst at Messari specializing in DeFi coverage. Before joining Messari, he worked as a data scientist at both Celsius Network and IBM. Toe graduated from the University of Michigan School of Information.