$BTC $ETH

I believe everyone has been blown away by the adoption of the Bitcoin ETF and the skyrocketing increase in ETH these days. So what are the chances of the Cancun upgrade that the entire network is looking forward to?

For a long time, the interaction speed of ETH has been reduced and the cost has been increasing, which has caused various complaints. In order to solve this situation, ETH launched L2 and the emergence of the Cancun upgrade is an optimized L2 solution. Skipping the complex underlying logic and technical principles, let’s summarize what can be changed through the Cancun upgrade? The gas fee of L2 has been reduced and the transaction speed has been improved. After the Cancun upgrade, the gas fee of L2 will be one-tenth of that before the upgrade (as shown below)

So what opportunities should we be looking at in the Cancun upgrade? Here I will list a few L2 projects that I know about, and everyone is welcome to add to them.

1.GMX (@GMX_IO), arb’s leading protocol is unquestionable. The historical high of okx is 91 and the currency price as of this article is 56.

2. trader joe (@TraderJoe_xyz) This is also a completely decentralized dex that I personally like very much. I recommend you to go to their official website to see the very cartoon style. Similarly, his tokens are also listed on Binance and okx. History The highest price is 2.79 and the price comparison as of this article is 0.574.

3. Vrtx (@vertex_protocol) is also the dex on arb. It uses the method of combining orderbook on the chain to promote liquidity and reduce slippage. However, the performance of its token has been tepid. The reason for recommendation is simply that this currency tvl and The market value of joe is almost four times lower than that of others. If you are interested, you can use it as a lottery ticket. The current currency price is 0.28.

4.Synthetix (@synthetix_io), a veteran project in the op ecosystem and the leader in the defi financial derivatives track. The project level is very high and has been under construction and updating. The bull-bear crossing is still alive and well. The highest price in history is 28.9 and the current currency price is 3.881.

5.Gains Network (@GainsNetwork_io) A decentralized leverage trading market with a transaction volume of over 20 billion. Just hearing this name makes me feel awesome without an introduction. However, it is indeed very powerful after being listed on Binance. The highest price in history is 13.88. As of this article, the price comparison is 5.31. .

The above are some of the l2 projects that I personally know and follow and their tokens do not constitute investment opinions. Due to the limited text, I cannot introduce each project to you in detail. Friends can choose the projects that they are interested in to have an in-depth understanding. , with the Cancun upgrade approaching and the concept of Ethereum ETF, there is really not much time left for everyone to lay out.