Starknet claims the top spot in crypto's Layer 2 projects by development activity, holding steady at number one, while Aztec Network and Arbitrum secure second and third places without shifts since last month. Optimism climbs to fourth with its $OP token, but zkSync slips to fifth amid ranking changes, rounding out the top 10 with steady performers like Cartesi, Fuel Network, SKALE, Immutable, and Scroll. This GitHub activity snapshot from Santiment underscores accelerating innovation in Ethereum scaling solutions, where projects like these drive layer 2 crypto projects forward, potentially boosting ETH adoption as Bitcoin hovers in its own hype cycle. Traders eye this for crypto development activity signals, especially with our new Layer 2 token screener revealing hidden edges in the market.

Zooming into ETH's 4-hour chart as a macro overlay for these Layer 2 dynamics, price action at $2328.28 sustains a bullish trend structure, comfortably perched above the EMA50 at $2242.32 and EMA200 at $2141.59, which act as rock-solid long-term support zones guarding against deeper pullbacks. Yet the MACD clocks in at 32.39 with a fresh death cross, flashing bearish momentum that could pressure shorts, while RSI at 59.5 stays neutral, suggesting room for volatility without immediate exhaustion. Price dances inside the Bollinger Bands, with upper resistance at $2434.77 capping upside bursts and lower support at $2126.96 offering a volatility exhaustion floor—expect a test of that upper band before any retracement to EMA50 confluence, positioning smart entries for institutional flows riding this Layer 2 momentum into broader crypto market trends.