Technical analysis by maliyousefi790 about Symbol ETH: Buy recommendation (5/10/2024)

The market for Layer 2 solutions on Ethereum has been growing steadily with Dencun and Proto-danksharding solidifying their value for users of the network with significantly lower gas fees. Currently, the L2 market amounts to around $38.61B with Arbitrum, Optimism, and Base collectively comprising 74.4% of the total L2 market share.