The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade to the Ethereum network has helped […]
Source: https://news.bitcoin.com/developing-several-layer-2-solutions-the-real-solution-to-ethereums-scalability-issue-says-ken-timsit/