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Transactions Surge on Ethereum Layer-2 Following Recent Update; Early Investors Spot Growing Bullish Pattern on Milei Moneda Presale

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  • Following the Dencun upgrade, the number of transactions settled on leading Layer-2 platforms increased by 1.96%.
  • Milei Moneda ($MEDA) remains one of the top crypto coins to invest in in 2024.

March 13 became an essential date in the crypto space because of the Dencun fork upgrade. This upgrade led to Ethereum’s adoption of a Layer-2 solution, driving a huge rise in activity. Elsewhere, Milei Moneda ($MEDA) has made headlines as a top crypto to buy. Investors see it as one of the best cryptos to invest in as they spot growing bullish patterns.

Economize Like Milei: Invest in $MEDA!

Ethereum Layer 2 Transactions Surge Following Dencun Upgrade

The Dencun fork, which took place on March 13, has played a huge role in Ethereum’s adoption of Layer-2 solutions. This has resulted in a massive rise in activity post-upgrade.

The statistics revealed a huge 196% increase in transactions settled on leading Layer-2 platforms, reaching 5.67 million transactions. Base emerged as the main contributor, processing about 57% of the transactions. Next on the list are Arbitrum and Optimism, which handled 31% and 11% of these transactions.

This huge uptick not only highlights the increased adoption and demand for Layer-2 scaling solutions but also indicates the arrival of “Base Spring.” Recently, Base’s transaction volume surpassed $1.6 billion for the first time ever, surpassing established players and almost tripling  Optimism’s volume.

Furthermore, in recent months, Base has also seen an increase in network activity. This can be attributed to the increased frenzy around meme coins. DefiLlama data also reveals that on April 9, Base network’s TVL (total value locked) rose to a record high of $1.5 billion. This reflects a massive 235% increase since the start of 2024, primarily fueled by the influx of meme coins into the network.

Over the last few months, Layer-2 solutions saw a huge expansion, with Dencun being actively involved in their adoption. An analysis by VanEck predicts that by 2030, their scaling solutions could reach a market cap of $1 trillion.

Milei Moneda ($MEDA) Is the Best Cryptocurrency To Invest in as Investors Spot a Growing Bullish Pattern

Milei Moneda has become investors’ number-one choice due to its high possibility of generating massive returns and its impressive performance in the ongoing presale. Having gained momentum in the meme coin market, Milei Moneda has continued to grow a community of dedicated members.

$MEDA, the primary token of Milei Moneda, doesn’t only grant investors membership access but also comes with other offers like NFT staking rewards, access to discounts, and monthly giveaways. This makes it the best crypto for beginners.

Furthermore, Milei Moneda embraces a deflationary mechanism that helps to ensure the scarcity of its native token. Furthermore, the whole supply of the $MEDA token is carefully placed in a liquidity pool, preserving its long-term value.

Milei Moneda‘s recognition and popularity lie in its significant growth potential, vibrant community of supporters, and partnership with influencers. For investors looking to explore the meme coin market, Milei Moneda presents the best investment opportunity.

Stage 2 of the $MEDA presale is ongoing, with the token valued at $0.0125. This project will result in a 60% increase for investors who purchase $MEDA in this stage before it officially launches and reaches $0.020. Crypto enthusiasts have undoubtedly considered $MEDA as the best crypto to invest in due to the unique benefits it offers investors.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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John Kiguru
John Kiguru
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience. John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space. Business Email: info@ethnews.com Phone: +49 160 92211628