0/ Disclaimer: predictions are mostly done for fun and are not necessarily my investment theses. Timelines are mostly arbitrary just so I have some sort of benchmark.
An update: here's what major L1 protocols look like if we use TVL as a proxy for usage
Few personal thoughts:
1/ $ETH: @arbitrum is slowing creeping up in volume, but I think the space is underestimating the impact of L2s on usage because of current fees, which will come down over time
With all the attention on @avalancheavax lately, here are some tips for those who are bridging their assets across for the first time.
Thread π
1/ As part of my work, I've played around with most cross-chain bridges that came live the past 6 months... and I had the best experience with @avalancheavax hands down.
It's extremely easy to send $ETH assets over to Avalanche with: bridge.avax.network
2/ Avalanche is EVM-compatible - you can easily use your @Metamask setup and bridge over in a few clicks.
Clever design choices:
- Shows live confs so you know what's going on
- Auto-wraps your ETH
- Airdrops you free $AVAX to pay for gas (!)