Since the beginning of this year, the Ethereum mainnet has a net outflow of US$6 billion, 83% of which has flowed to the L2 network

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Cointime2024/10/31 10:22

By:Cointime

citing data from Artemis, cryptocurrency analyst Michael Nadeau revealed that the Ethereum mainnet has seen a net outflow of $6 billion this year, with 83% of it flowing to Layer 2 (L2) networks. Therefore, Arbitrum has seen a net inflow of $2.4 billion, Optimism has seen a net inflow of $2.2 billion, and Base has seen a net inflow of $1.6 billion so far this year. In addition, Solana has seen a net inflow of $2.36 billion from Ethereum L1, with over $1 billion flowing back to the Ethereum ecosystem (42%).

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