ETH Wave | growthepie.com 🥧📏

Ethereum Makes the Complex Beautiful 🌊 V3 of my (incomplete) ETH Supply Map ⬇️ See Below: ⬇️ 🌊 Things Worth Looking at 🌊 Funding 🌊 Sources 🌊 Feedback 🌊 Live Version 🌊 Shout Outs Follow for more stats and visuals 🏄‍♂️

Build in public ➡️ Socials Label contracts in public ➡️ @open_labels Grow in public➡️ @growthepie_eth app metrics

There are currently 101 Ethereum Layer 2s with at least $100K in Total Value Secured. Source: @growthepie_eth, @l2beat

Who is at EthCC? One of our founders @tobschcom is there right now - reach out to him directly to meet up!

1/4 The era of expensive Ethereum is officially over! Right now, @ethereum mainnet transaction costs have hit their lowest levels in history. People used to joke about $50-$100 gas fees just to do a simple swap. But today, the chart is literally hugging the zero line. Thread: 👇

The latest @thedailygwei Refuel is ready for your consumption! ⛽ Today's topics: - Post-quantum Ethereum 🔐 - Fast confirmation rule 👍 - L1<>L2 relationship 🤓 - and much more ➕ Watch 👇 youtu.be/1_iNz6xkkpM

@leolanza Lol Labour - we have done some research and found other parties are getting higher donations than us in cryptocurrency... Well we could try easing some of our anti-crypto legislation but instead we should just double down and ban crypto donations.

🚨 BREAKING: UK bans all cryptocurrency donations to political parties.

Tell me, what do you see? I see the future of finance

Layer 2s like @Celo already allow gas fees paid in stablecoins. Celo - Median fee <$0.0005 (past 7 days) vs Tempo - Flat fee of $0.001

After 1 year of joining the @Optimism Superchain as an Ethereum Layer 2, @Celo is proof that bringing financial tools to everyone, everywhere, is not just a vision... It's happening. Our new, 18-page research report, in collaboration with @Celo, explores how we got here and where we are headed. 👇 Link in the post below What shaped Celo - Milestones explored: ▸ A year of growth: Why Celo ranks among the fastest-growing chains in real users - measured by daily verified active addresses via Self Connect ▸ A thriving ecosystem: The rise of MiniPay, stablecoin economy, and a deeper look at Celo's user profiles ▸ The benefits of blockchain: Real-world adoption via stablecoins and tokenization across emerging markets and the unbanked ▸ What's ahead: Accelerating the mission - a look at what comes next for Celo's technical roadmap and ecosystem growth Read the full report - see next post 👇

Arbitrum has processed 2.5 billion transactions since genesis. Breakdown: ▸ Finance: 37.3% ▸ Token Transfers: 19.8% ▸ Utility: 15.8% ▸ Cross-Chain: 5.7% ▸ Social: 1.9% ▸ Collectibles: 1.3% Unlabeled: 18.2% Something tells me that the next 2.5 billion will come a lot sooner - @arbitrum

This one might be controversial... The most important thing to me is that we are building something that is used. We need more high-quality apps. We spend a lot of time focusing on scaling capacity, but we also need to prioritize filling this capacity.

1/ How L1 and L2s can build the strongest possible Ethereum tldr: we should continue to lean into the unique capabilities of each layer, and make sure all users have a clear path to securely and seamlessly benefit from the core properties of Ethereum

Fees are always controversial and for me this is a long-term ambition which shouldn't come at the expense of the basic needs. It's the cherry on top. Ultimetely we should be building something that users want to pay for. Both fees and ETH price will be my measurement for this.

OMG I can't believe you put usage before decentralisation. This is what Layer 2s are doing, this is the role they play. I am not saying the L1 needs to sacrifice any of the basic needs but I do want it to grow the usage pie faster. Increasing capacity and use cases - apps.

Which chain would you like to see added to growthepie?

Breaking - someone just open sourced something to do with AI! It sounds useful enough for you to bookmark and then forget about. This is my timeline right now.

On Monday in NYC: Etherealize will join 150+ executives from major US institutions at the Institutional Ethereum Forum, hosted by @ethereumfndn. $250+ trillion in assets represented in one room to discuss Ethereum's role as infrastructure for the future of finance.

Apps in the Ethereum Ecosystem are consolidating. This chart shows the weekly number of apps that have received transactions. We tracked 490 active apps last week, thousands of smart contracts. This metric is down from its peak of 639 last year. Despite this fall, overall activity has increased as market leaders grow from strength to strength. Consolidation is normal - this is the first wave of many! As both technology and regulatory clarity continue to improve, builders will do what they do best. Want your app included? Attest to contracts on @open_labels

The people who hate on Bankless never give them credit for their excellent communication and breakdowns like this. Just look at the quality of guests they have, including regulators. Ethereum needs better comms - stop pushing them away because you don't agree 100% on everything.