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命犯桃花
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命犯桃花

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What Exactly Is a Layer 2 Network (L2)? Explained with a Week of DataWhat Exactly Is a Layer 2 Network (L2)? Explained with a Week of Data When beginners first hear about L2, it can sound like an obscure term. But here’s a simple everyday analogy: Ethereum mainnet is like a very secure highway with a limited number of lanes. When traffic gets heavy, tolls go up. L2 is like a “side road” built alongside it: many transactions are bundled and processed off-chain first, then the compressed results are sent back to mainnet to be “stamped.” This borrows the security of mainnet while bringing the fee per transaction down to just a few cents. 1. How L2 Works

What Exactly Is a Layer 2 Network (L2)? Explained with a Week of Data

What Exactly Is a Layer 2 Network (L2)? Explained with a Week of Data
When beginners first hear about L2, it can sound like an obscure term. But here’s a simple everyday analogy: Ethereum mainnet is like a very secure highway with a limited number of lanes. When traffic gets heavy, tolls go up. L2 is like a “side road” built alongside it: many transactions are bundled and processed off-chain first, then the compressed results are sent back to mainnet to be “stamped.” This borrows the security of mainnet while bringing the fee per transaction down to just a few cents.
1. How L2 Works
$SOL has been trading sideways around $100 for a few days, so I took a look at its on-chain data to see how it’s doing. First, the price: SOL is currently around 101.55 on Kraken, with an open of 102.24 today, a 24-hour low of 98.51, and a high of 102.64. Over the past 7 days, 4-hour closes have ranged from 99.66 to 108.40. The chart shows a steady pullback after the spike on October 22, with support around 99.7 this morning. A few on-chain metrics: 1. DEX volume on Solana was about $1.73 billion over 24 hours, up 38% week over week. The price hasn’t risen, but trading activity is picking up. 2. On-chain stablecoins totaled about $15.85 billion, up slightly by around $20 million from 7 days ago, so funds haven’t withdrawn. 3. On-chain TVL was about $5.77 billion, roughly 2% below the $5.90 billion a week ago. Catalysts: The Alpenglow consensus upgrade went live on October 21, aiming to cut finality to around 150 milliseconds. Tokenized stocks have also launched on the chain. Starting November 11, about 397,000 SOL in staking rewards will unlock each week—a known source of supply. Risks: Watch the 98.5–99.7 range, which includes the recent low. A break below it could lead to a test of lower levels. The 104–108 range above is a previous high-volume area, where a rebound could run into selling pressure. Rising macro yields and ETF outflows could also weigh on the price. My take: Higher trading activity alongside declining TVL suggests short-term speculation rather than a trend. Do you pay more attention to trading volume or TVL? #Solana #链上数据 #Crypto This is not investment advice. Please assess the risks for yourself.
$SOL has been trading sideways around $100 for a few days, so I took a look at its on-chain data to see how it’s doing.

First, the price: SOL is currently around 101.55 on Kraken, with an open of 102.24 today, a 24-hour low of 98.51, and a high of 102.64. Over the past 7 days, 4-hour closes have ranged from 99.66 to 108.40. The chart shows a steady pullback after the spike on October 22, with support around 99.7 this morning.

A few on-chain metrics:
1. DEX volume on Solana was about $1.73 billion over 24 hours, up 38% week over week. The price hasn’t risen, but trading activity is picking up.
2. On-chain stablecoins totaled about $15.85 billion, up slightly by around $20 million from 7 days ago, so funds haven’t withdrawn.
3. On-chain TVL was about $5.77 billion, roughly 2% below the $5.90 billion a week ago.

Catalysts: The Alpenglow consensus upgrade went live on October 21, aiming to cut finality to around 150 milliseconds. Tokenized stocks have also launched on the chain. Starting November 11, about 397,000 SOL in staking rewards will unlock each week—a known source of supply.

Risks: Watch the 98.5–99.7 range, which includes the recent low. A break below it could lead to a test of lower levels. The 104–108 range above is a previous high-volume area, where a rebound could run into selling pressure. Rising macro yields and ETF outflows could also weigh on the price.

My take: Higher trading activity alongside declining TVL suggests short-term speculation rather than a trend. Do you pay more attention to trading volume or TVL?

#Solana #链上数据 #Crypto
This is not investment advice. Please assess the risks for yourself.
How cheap are Bitcoin transaction fees right now? Let’s use on-chain data to do the math for beginners. As of this morning, all recommended fee rates on mempool.space—from “fastest” to “economy”—are 1 sat/vB. There are about 41,500 transactions queued in the mempool, and you can still find low-fee transactions paying around 0.13 sat/vB. Over the past 7 days, the median block fee rate averaged less than 1 sat/vB, with only two brief spikes to 25 sat/vB, on the 22nd and 23rd. How do you convert the fee rate into a dollar amount? A typical native SegWit transaction (1 input, 2 outputs) is about 141 vB. At 1 sat/vB, that comes to 141 sats, or roughly $0.11 at the current BTC price of about $80,878. Two tips for beginners: 1. When sending from your own wallet, don’t blindly choose “fastest.” Check the current recommended fee rate first. During quiet periods like this, even the low-fee option can confirm quickly. 2. If you want to consolidate your UTXOs (combine lots of small amounts into one), doing it when fees are low will save you the most. When you send BTC, do you adjust the fee manually or just use the default? #比特币 #链上数据 #BitcoinBasics Not investment advice
How cheap are Bitcoin transaction fees right now? Let’s use on-chain data to do the math for beginners.

As of this morning, all recommended fee rates on mempool.space—from “fastest” to “economy”—are 1 sat/vB. There are about 41,500 transactions queued in the mempool, and you can still find low-fee transactions paying around 0.13 sat/vB. Over the past 7 days, the median block fee rate averaged less than 1 sat/vB, with only two brief spikes to 25 sat/vB, on the 22nd and 23rd.

How do you convert the fee rate into a dollar amount? A typical native SegWit transaction (1 input, 2 outputs) is about 141 vB. At 1 sat/vB, that comes to 141 sats, or roughly $0.11 at the current BTC price of about $80,878.

Two tips for beginners:
1. When sending from your own wallet, don’t blindly choose “fastest.” Check the current recommended fee rate first. During quiet periods like this, even the low-fee option can confirm quickly.
2. If you want to consolidate your UTXOs (combine lots of small amounts into one), doing it when fees are low will save you the most.

When you send BTC, do you adjust the fee manually or just use the default?

#比特币 #链上数据 #BitcoinBasics
Not investment advice
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Bullish
$币安人生 This is organized, right? 😂
$币安人生 This is organized, right? 😂
The wallet will be updated at 4 PM on $币安人生 , everyone must fill in the wallet invitation code on Binance: SRWZ69QF Binance has reduced transaction fees for everyone, and a great wallet update experience is coming soon. #BNB hits a new high #wallet
The wallet will be updated at 4 PM on $币安人生 , everyone must fill in the wallet invitation code on Binance: SRWZ69QF
Binance has reduced transaction fees for everyone, and a great wallet update experience is coming soon. #BNB hits a new high #wallet
$XAN Thank you for the mercy of Dog Farm, it has relieved me from my predicament.
$XAN Thank you for the mercy of Dog Farm, it has relieved me from my predicament.
#BinanceTurns8 Join us to participate in the #BinanceTurns8 celebration event and share a prize of up to $888,888 worth of BNB! https://www.marketwebb.org/activity/binance-turns-8?ref=GRO_19600_P2JVP
#BinanceTurns8 Join us to participate in the #BinanceTurns8 celebration event and share a prize of up to $888,888 worth of BNB! https://www.marketwebb.org/activity/binance-turns-8?ref=GRO_19600_P2JVP
Pineapple Sister
Pineapple Sister
菠菠萝
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Brothers, come and grab the $200,000 at $WCT !!!
The KOLs have already monopolized the push on this, and as grassroots, we can only seek alternative paths. Many people haven't noticed that Big Brother is also giving benefits to Binance creators.
It's still early, so everyone should catch up quickly!
Binance, in conjunction with @WalletConnect WalletConnect, is giving us bonuses, and everyone can participate.
You just need to complete the tasks according to the instructions on the page. Special note: For tasks 4 and 5, you only need to complete one of them. No need to finish them both at the same time!
Next, tell your good friends or like and comment back and forth with the participants in the square tasks.
#WalletConnect # Airdrop share
Must get it going
Must get it going
命犯桃花
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Brothers, let's go for the $200,000
$WCT !!!
The push has been monopolized by KOLs, and as grassroots, we can only find another way. Many people haven't noticed that Big Brother is also giving benefits to Binance creators.
It’s early days now, so everyone should catch up quickly!
Binance has partnered with @WalletConnect WalletConnect to give us bonuses, and everyone can participate.
As long as you complete the tasks according to the prompts on the page, especially note: for tasks 4 and 5, you only need to complete one. No need to complete them simultaneously!
Next, tell your good buddies, or like and leave comments with other participants of the square task.
#WalletConnect #空投分享
Brothers, let's go for the $200,000 $WCT !!! The push has been monopolized by KOLs, and as grassroots, we can only find another way. Many people haven't noticed that Big Brother is also giving benefits to Binance creators. It’s early days now, so everyone should catch up quickly! Binance has partnered with @WalletConnect WalletConnect to give us bonuses, and everyone can participate. As long as you complete the tasks according to the prompts on the page, especially note: for tasks 4 and 5, you only need to complete one. No need to complete them simultaneously! Next, tell your good buddies, or like and leave comments with other participants of the square task. #WalletConnect #空投分享
Brothers, let's go for the $200,000
$WCT !!!
The push has been monopolized by KOLs, and as grassroots, we can only find another way. Many people haven't noticed that Big Brother is also giving benefits to Binance creators.
It’s early days now, so everyone should catch up quickly!
Binance has partnered with @WalletConnect WalletConnect to give us bonuses, and everyone can participate.
As long as you complete the tasks according to the prompts on the page, especially note: for tasks 4 and 5, you only need to complete one. No need to complete them simultaneously!
Next, tell your good buddies, or like and leave comments with other participants of the square task.
#WalletConnect #空投分享
Brothers are here to grab $200k of $WCT!!! The KOLs have already monopolized the top spots on Twitter, and as grassroots members, we can only seek other paths. Many people haven't noticed that Big Brother is also giving benefits to Binance creators. This is the early stage, so everyone should catch up quickly! Binance, in collaboration with @WalletConnect, is giving us bonuses, and everyone can participate. You just need to complete the tasks as prompted on the page. Please note: for tasks 4 and 5, you only need to complete one of them. They do not need to be completed at the same time! Next, tell your good buddies, or exchange likes and comments with the participants of the square task. #WalletConnect #AirdropShare
Brothers are here to grab $200k of $WCT!!!
The KOLs have already monopolized the top spots on Twitter, and as grassroots members, we can only seek other paths. Many people haven't noticed that Big Brother is also giving benefits to Binance creators.
This is the early stage, so everyone should catch up quickly!
Binance, in collaboration with @WalletConnect, is giving us bonuses, and everyone can participate.
You just need to complete the tasks as prompted on the page. Please note: for tasks 4 and 5, you only need to complete one of them. They do not need to be completed at the same time!
Next, tell your good buddies, or exchange likes and comments with the participants of the square task.
#WalletConnect #AirdropShare
WCT Token Trend Analysis $WCT has just retreated to the $0.309–$0.310 range after reaching a high of $0.329—currently undergoing consolidation. Holding steady above the $0.308 resistance? It may move towards $0.35+ next. 🚀 Analyst's key levels: support around ~$0.3116, resistance range at $0.339–$0.349. WCT, or WalletConnect Token, is the native cryptocurrency of the WalletConnect protocol. This protocol is an open-source communication system that standardizes how users interact with blockchain applications (DApps) through their cryptocurrency wallets, facilitating secure and reliable communication without leaking private information. Learn about the role of WalletConnect and WCT: WalletConnect Protocol: WalletConnect connects millions of users, over 600 wallets, and thousands of DApps across all blockchains. It provides a seamless and decentralized user experience for blockchain. $WCT #WalletConnect @WalletConnect
WCT Token Trend Analysis
$WCT has just retreated to the $0.309–$0.310 range after reaching a high of $0.329—currently undergoing consolidation.
Holding steady above the $0.308 resistance? It may move towards $0.35+ next. 🚀
Analyst's key levels: support around ~$0.3116, resistance range at $0.339–$0.349.
WCT, or WalletConnect Token, is the native cryptocurrency of the WalletConnect protocol. This protocol is an open-source communication system that standardizes how users interact with blockchain applications (DApps) through their cryptocurrency wallets, facilitating secure and reliable communication without leaking private information.
Learn about the role of WalletConnect and WCT:
WalletConnect Protocol: WalletConnect connects millions of users, over 600 wallets, and thousands of DApps across all blockchains. It provides a seamless and decentralized user experience for blockchain.
$WCT
#WalletConnect
@WalletConnect
Earn $200,000 effortlessly, WalletConnect's cash giveaway event is in the final sprint Total prize pool $200,000 equivalent to $WCT nearly 10,000 participants Simple four steps to share the prize Follow @WalletConnect on Binance Square 2 Follow @WalletConnect on Twitter 3 Post with #WalletConnect +wct+ 4 Spot trade over $20 in $WCT Reward formula = your number of posts / total posts x your engagement / total engagement x $200,000 More posts, more engagement = doubled prizes #WalletConnect
Earn $200,000 effortlessly, WalletConnect's cash giveaway event is in the final sprint
Total prize pool $200,000 equivalent to $WCT nearly 10,000 participants
Simple four steps to share the prize
Follow @WalletConnect on Binance Square
2 Follow @WalletConnect on Twitter
3 Post with #WalletConnect +wct+
4 Spot trade over $20 in $WCT
Reward formula = your number of posts / total posts x your engagement / total engagement x $200,000
More posts, more engagement = doubled prizes
#WalletConnect
Earn $200,000 effortlessly, WalletConnect cash giveaway final sprint Total prize pool $200,000 equivalent in $WCT with nearly ten thousand participants Simple four steps to share the prize 1 Follow @WalletConnect on Binance Square 2 Follow @WalletConnect on Twitter 3 Post with #WalletConnect +wct+@walletconnect 4 Trade $20 or more in spot trading of $WCT Reward formula = your post count / total post count x your interaction volume / total interaction volume x $200,000 More posts, more interactions = double the prize #WalletConnect
Earn $200,000 effortlessly, WalletConnect cash giveaway final sprint
Total prize pool $200,000 equivalent in $WCT with nearly ten thousand participants
Simple four steps to share the prize
1 Follow @WalletConnect on Binance Square
2 Follow @WalletConnect on Twitter
3 Post with #WalletConnect +wct+@walletconnect
4 Trade $20 or more in spot trading of $WCT
Reward formula = your post count / total post count x your interaction volume / total interaction volume x $200,000
More posts, more interactions = double the prize
#WalletConnect
Earn $200,000 effortlessly, WalletConnect cash giveaway final sprint Total prize pool $200,000 equivalent to $WCT nearly 10,000 participants Simple four steps to share the prize Follow @WalletConnect on Twitter, follow @WalletConnect Post with #WalletConnect +wct +@walletconnec 4 Trade spot over $20 in $WCT Reward formula = your post count / total post count x your interaction volume / total interaction volume x $200,000 More posts, more interactions = doubled prize
Earn $200,000 effortlessly, WalletConnect cash giveaway final sprint
Total prize pool $200,000 equivalent to $WCT nearly 10,000 participants
Simple four steps to share the prize
Follow @WalletConnect on Twitter, follow @WalletConnect
Post with #WalletConnect +wct +@walletconnec
4 Trade spot over $20 in $WCT
Reward formula = your post count / total post count x your interaction volume / total interaction volume x $200,000
More posts, more interactions = doubled prize
#BNX #GameFi The first wave of #MatthewPlan is taking off, setting sail to brave the winds and waves #MatthewPlan is coming strong, soaring into the journey #BNX #GameFi #GameFi #MatthewPlan is launching, the journey to take off is about to begin! #Bnx Stablecoin in the bear market, soaring in the bull market!
#BNX #GameFi The first wave of #MatthewPlan is taking off, setting sail to brave the winds and waves
#MatthewPlan is coming strong, soaring into the journey #BNX #GameFi
#GameFi #MatthewPlan is launching, the journey to take off is about to begin! #Bnx Stablecoin in the bear market, soaring in the bull market!
#BNX#GameFiThe first wave of#MatthewPlan takes off, and the journey is sailing against the wind and waves #MatthewPlan is coming strongly, and the journey is about to start#BNX#GameFi #GameFi#Matthew Plan is launched, and the journey of soaring is about to begin!#Bnxis a stable currency in the bear market, and it soars into the sky in the bull market!
#BNX#GameFiThe first wave of#MatthewPlan takes off, and the journey is sailing against the wind and waves #MatthewPlan is coming strongly, and the journey is about to start#BNX#GameFi #GameFi#Matthew Plan is launched, and the journey of soaring is about to begin!#Bnxis a stable currency in the bear market, and it soars into the sky in the bull market!
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