According to the source, Ethereum is reportedly handling 1.6M+ daily transactions while average fees hover near ~$0.01, a claim traders should validate against Etherscan for L1 activity and L2Beat for rollup fees to distinguish Layer 1 from Layer 2 costs, source: the source; Etherscan; L2Beat. Post-Dencun (EIP-4844) introduced blob space that cut L2 data availability costs and enabled cent-level fees on major rollups, as documented by the Ethereum Foundation, source: Ethereum Foundation. OP Labs and the Arbitrum team publicly reported significant fee reductions on OP Mainnet and Arbitrum following EIP-4844 implementation, supporting lower L2 transaction costs, source: OP Labs; Arbitrum Foundation. For ETH valuation mechanics, higher L1 utilization increases base fees and EIP-1559 burn, impacting net issuance that can be tracked on Ultrasound Money, source: Ethereum.org (EIP-1559); Ultrasound Money. Trading checklist: confirm L1 daily transactions and gas via Etherscan, check L2 fee and throughput trends via L2Beat, and compare DEX volumes on L2s via Dune Analytics to assess whether low-fee activity is sustainable, source: Etherscan; L2Beat; Dune Analytics.

According to the source, an Ethereum upgrade dubbed Fusaka is claimed for December 3 to make layer-2 transactions cheaper, but this timing and upgrade name are not confirmed on the Ethereum Foundation blog or AllCoreDevs repositories; traders should treat it as unverified and wait for official client release notes, source: Ethereum Foundation; Ethereum AllCoreDevs GitHub. For context, prior L1 scaling work such as EIP-4844 in the Dencun upgrade reduced L2 data availability costs and lowered typical user fees across major rollups, which historically supported higher activity and throughput, source: Ethereum.org EIP-4844; L2Beat analytics. If official confirmation arrives, trading checklist: watch ETH funding and options implied volatility into and after the fork, track L2 fee prints and blob gas prices to gauge cost reduction magnitude, and map beta on OP, ARB, and MATIC versus fee changes using on-chain dashboards before taking positions, source: Deribit metrics; L2Beat fee tracker; Ethereum client release notes; ultrasound.money blob fee charts.

According to @santimentfeed, the top ecosystems by total development activity events over the past 30 days are Ethereum, BNB Chain, Polygon, Optimism, and Arbitrum (source: Santiment tweet on Sep 23, 2025; dev activity dashboard app.santiment.net/dev-activity). According to @santimentfeed, the free dashboard can be bookmarked and checked anytime, enabling traders to monitor 30-day development event counts for these ecosystems as part of their market tracking (source: Santiment tweet and dev activity dashboard).

According to @MilkRoadDaily, Jesse Pollak said they are exploring a network token for Base on Sep 15, 2025, source: @MilkRoadDaily on X. This indicates only that a BASE token is under exploration with no details on launch, tokenomics, or timing disclosed, source: @MilkRoadDaily on X. Base is an Ethereum Layer 2 incubated by Coinbase and built on Optimism’s OP Stack, which ties the development to the Optimism ecosystem and Coinbase’s corporate exposure, source: Coinbase blog Introducing Base and Base documentation. Traders can monitor Base’s official channels for confirmation and track Base on-chain activity for early signals of ecosystem traction, source: base.org, @BuildOnBase on X, and BaseScan by Etherscan. There is no official token announcement beyond the exploration comment referenced in the report, so any airdrop, listings, or launch dates remain unconfirmed, source: @MilkRoadDaily on X.

According to @CryptoMichNL, OP/BTC has been in a 20-month downtrend and is now approaching a 20-week moving average breakout that he says could open a 100-200% upside window and benefit altcoin portfolios; source: @CryptoMichNL on X, Sep 13, 2025.

According to @CryptoMichNL, the entire altcoin market is positioned to break higher, with Optimism (OP) testing the 20-EMA resistance as the key trigger level, source: @CryptoMichNL on X, Aug 30, 2025. He adds that a clear break above this resistance could precede a 200-500% run, referencing similar moves he cites from 2023 and 2024, source: @CryptoMichNL on X, Aug 30, 2025.

According to @jessepollak, a major trend is emerging where every crypto exchange and fintech firm is expected to launch its own layer-2 blockchain within the next five years, a prediction from OP Labs' Sam McIngvale. This movement is heavily influenced by the success of Coinbase's Base network, built on Optimism's (OP) OP Stack, which enables the monetization of custodied assets like Bitcoin (BTC) for lending. In other strategic shifts, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, redirecting focus to the AggLayer for cross-chain liquidity and retiring its zkEVM network. Additionally, the Ethereum (ETH) Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to concentrate on critical deliverables for 2025-2026. For Bitcoin (BTC), the upcoming Bitcoin Core 30 release will significantly increase the OP_RETURN data limit, impacting the on-chain data and inscriptions ecosystem.

According to @jessepollak, OP Labs, the developer behind Optimism (OP), predicts that every crypto exchange and fintech firm will launch its own blockchain within the next five years. This trend is driven by the success of Coinbase's Layer-2 network, Base, which was built using the OP Stack and enables the monetization of custodied assets, such as lending out Bitcoin (BTC) to borrow USDC. The source notes that major exchanges like Kraken, Bybit, and OKX are already developing their own L2 solutions. This development is part of a larger trend in asset tokenization, which is evolving from stablecoins and tokenized money market funds (like BUIDL and ONDO) to more complex instruments like structured credit and private funds. The key trading implication is that tokenization can bring significant transparency and liquidity to traditionally opaque and illiquid markets, with smart contracts automating processes and providing real-time data to investors.