🚨 Pudgy Penguins’ Igloo Inc. is shutting down Abstract, its Ethereum Layer 2 network, following Blast’s recent shutdown. This signals growing pressure on niche L2s lacking sustainable adoption. ETH may see short-term relief from reduced L2 fragmentation, but long-term layer 2 viability remains under scrutiny. Is this the start of a broader L2 consolidation phase? #L2s

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