Layer-2 Networks Consolidate Amid Pectra Upgrade

Layer-2 Networks Consolidate Around Dominant Tech Stacks

• Layer-2 (L2) networks are clustering around major tech stacks, not universal standards.
• The OP stack is a leading player in the L2 sector, widely used on the Optimism network.
• Transaction volumes on L2 networks like Base rose nearly threefold to 80 million monthly transactions.
• Native bridging between Layer-1 (L1) and L2 decreased by approximately 80% since early 2024.
• Monthly active users per L2 chain increased by 250% in autumn 2024, stabilizing at around 11,000 users.

L2 networks are forming clusters around dominant tech stacks such as the OP stack, with transaction volumes increasing but native bridging declining significantly. Monthly active users have shown sustained growth, indicating ongoing adoption beyond initial hype.