Cancun upgrade should be the biggest#ETHecological event in the second half of the year. In this cycle, our core configuration is#ETHrather than .
Just a few days ago, Devnet-9 was launched on September 27. This is an important testnet that provides a full set of programmatic changes for the upcoming Dencun upgrade. Key Ethereum Improvement Proposals (EIPs), such as EIP 7514 and EIP 7516, will be activated for the first time in Devnet-9. If all goes well in this testing phase, the time for the launch of the Dencun mainnet will be clearer after the Ethereum developer conference Devconnect in November 2023.
The core reasons why we are optimistic about ETH in this cycle: First, we see its potential for continuous upgrading in the future, just like Tesla cars, which can be continuously upgraded via OTA and always stay young.
Second, we see its modular ecosystem built under its future expansion advantages. ETH is used as the bottom layer to ensure the stability and security of the system; L2 ecosystem, application chain, alliance chain, etc. are built on it. Third, the current huge ETH application construction has formed a system and system that is difficult to shake. This siphon effect will eventually form a Matthew effect, where the winner takes all. At present, the only one that can form such a situation is ETH.
Currently, the two L2 public chains that benefited the most from the Cancun upgrade are#ARBand #OP.#OPhas excellent scalability, ETH security integration, EVM compatibility, and provides a standardized Optimistic Rollup Chain. The OP Stack software development kit (SDK) developed by the Optimism Foundation is becoming a new weapon for major companies to enter L2. With the success of the#BASEchain,#Aeroodromeand http://Friend.tech have brought funds to the#BASEchain, and also brought more people faith and hope in #OP. In addition to #BASE.
There are also opBNB, Mantle, and Linea that all choose to be built on top of #OP.
Here are some potential alpha projects on#OPthat are worth digging into:
Dex: ➤ @VelodromeFi ➤ @Uniswap ➤@BeethovenX ➤@KyberSwap ➤ @1inch
Credit: ➤ @SonneFinance ➤ @AaveAave ➤ @QiDaoProtocol ➤ @dForcenet
Derivatives: ➤ @Kwenta_io ➤ @PikaProtocol ➤ @synthetix_io ➤ @lyrafinance ➤ @PremiaFinance
Yield Farms: ➤ @Reaper_Farm ➤ @beefyfinance ➤ @ArrakisFinance ➤ @picklefinance NFTs: ➤ @GanlandNFT ➤ @bluesweep_xyz ➤ @BoredTownNFT ➤ @Apetimism ➤ @TheDopeWars
Cross-chain bridge: ➤ @HopProtocol ➤ @StargateFinance ➤ @SynapseProtocol ➤ @AcrossProtocol ➤ @BungeeExchange
Wallets: ➤ @rainbowdotme ➤ @coin98_wallet ➤ @FoxWallet ➤ @CoinbaseWallet
