HOW SYNTHETIX, RONIN, AND CELO SAW THE LIGHT

Summary from the TLDR Crypto newsletter

Synthetix is returning to the Ethereum mainnet to tap enormous liquidity that never migrated to L2s despite years of expansion across Optimism, Arbitrum, Base, and SNAXchain. 86% of Aave's revenue is still generated on L1, demonstrating whales' preference for the mainnet's security over L2 bridge risks. Ronin is becoming an Optimism Superchain L2 in early 2026 to save $35 million in annual staking rewards while supporting 100 games for 350,000 daily active addresses. The move cuts security costs 99.8% while redirecting validator emissions toward developer incentives and high-value users.