ETH mainnet is powerful but let’s be honest, it’s pricey AF. $50 swaps, $100 NFT mints. Perfect for whales flexing, useless for billions of everyday users.
That’s why Layer 2s (L2s) exist. They’re Ethereum’s highways: same security, but faster and dirt cheap. No L2s = crypto stays niche. With them, ETH finally goes global.
2021 gas fees were brutal. People spent rent money on swaps. NFT mints sometimes cost more than the art.
Ethereum nailed security, but it was locked behind insane fees. Rollups solved that by bundling transactions, compressing data, and anchoring it back to Ethereum.
Think of ETH as the courthouse. L2s are the highways around it. Same rules, way more traffic can flow.
Two main flavors run the show:
Either way → fees drop from $20 to cents. That’s the unlock.
Mass adoption = billions of cheap, everyday transactions. That’s impossible on L1, but normal on L2.
Without L2s, Ethereum is boutique. With them, it becomes global infrastructure.
Then came Dencun (2024). Ethereum introduced blobs, slashing L2 fees by ~95%. Overnight, “cheap” became “basically free.”
L2s are the backbone, but they’re not perfect:
For L2s to truly onboard billions, three things must click:
When that happens, no one says “I bridged to Arbitrum.” They just say: “I sent crypto. It was instant. It was cheap.”
Ethereum is the air. Without it, nothing runs.
L2s are the engines. They move the people, the culture, the transactions.
No L2s = crypto stays niche.
With L2s = we onboard billions.
They’re not a side quest. They’re the backbone of Ethereum’s future. Period.
No L2s, No Mass Adoption. Period. was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.



Highlights: The BNB price is down 2% to $1111.46, despite the trading volume spiking 26%. The BNB on-chain demand has slipped, with the open interest plummeting 3% showing a drop in demand. The technical outlook shows a tight tug-of-war, with the bulls attempting to overcome resistance zones. The BNB price is down 2% today, to trade at $1111.46. Despite the plunge, the daily trading volume has soared 26% showing increased market activity among traders. However, BNB Chain has seen declining network activity, with the open interest plummeting, signaling a drop in demand. On Chain Demand on BNB Cools Off The BNB Chain is in a state of cooldown of network activity, which indicates low on-chain demand. In most instances, when a network fails to ensure large volumes or revenues, it means that there is low demand or outflows to other networks. BNB DeFi Data: DeFiLlama According to DeFiLlama data, the volume of the Decentralized Exchanges (DEXs) is down to at least $2.12 billion in comparison to the high of $6.313 billion on October 8, which also means low on-chain liquidity. On the other hand, Coinglass data shows that the volume of BNB has grown by 3.97% to reach $4.95 billion. However, the open interest in BNB futures has dropped by 3.36% to reach $1.74 billion. This reduction in open interest is an indication of a conservative stance by investors since the number of new positions being opened is low. This could be an indication that investors are not so sure about the short-term price outlook. BNB Derivatives Data: CoinGlass Meanwhile, the long-to-short ratio is sitting at 0.9091. This shows that the traders are undecided on BNB price’s next move, as it sits below 1. BNB Price Moves Into Consolidation The chart displays the BNB/USD price action on a 4-hour timeframe, with the token currently hovering around $1111.46. The 50-day Simple Moving Average (SMA) is at $1113, while the 200-day SMA sits at $1129, cushioning the bulls against upside movement. The price has mostly been trending below both SMAs, indicating that the bears are having the upper hand. The BNB trading volume is up, soaring 26%, signaling the momentum is real. On the 4-hour chart, BNB is trading within a consolidation channel. In such a case, this pattern may act as an accumulation period, giving the bulls hind wings to break above resistance zones. BNB/USD 4-hour chart: TradingView Zooming in, the Relative Strength Index (RSI) sits at 44.15, below the 50 level. This shows weakening momentum in the BNB market, and might lead to the RSI plunging to the oversold region if the bulls don’t regain control. In the short term, the BNB price could move up to $1113 resistance and flip it into support. A close above this zone will see the bulls target $1126 resistance, giving the bulls strength to reclaim the $1230 mark. Conversely, if the resistance zones prove too strong, a dip towards $1012 could be plausible. In such a case, this could be a prime buy zone for the risk-takers. In the long term, if the token keeps the hype alive, the bulls may reclaim the $1375 high or higher. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.