ETHEREUM ‘KILLER' VS ETHEREUM L2 REALITY

Summary from the TLDR Crypto newsletter

From 2019 to 2024, Solana marketed itself as the scalable, monolithic alternative to “band-aid” L2s, but by 2024 to 2025, Base was leading L2s in TVL growth, daily active users, and meme/creator activity, even overtaking Solana in new token launches and associated DEX volume in August.