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Cryptocurrency investors are increasingly turning their attention to projects with strong fundamentals and active development, particularly those focusing on Layer 2 solutions. According to Santiment, a leading cryptocurrency analytics platform, three Layer 2 coins have stood out in terms of development activity: Optimism (OP), Starknet (STRK), and Arbitrum (ARB).
Optimism, a Layer 2 scaling solution for Ethereum, has claimed the top spot on Santiment’s list with an impressive 146% more daily development activity than the next closest project. This suggests that the Optimism team is actively working on improving the protocol and expanding its ecosystem. Currently trading at $2.74, OP has experienced an 8.13% increase in the past 24 hours.
Starknet, another Layer 2 scaling solution that utilizes zero-knowledge proofs to enable fast and secure transactions, has secured the second spot on Santiment’s list. Currently trading at $1.28, STRK has experienced a 6.45% increase in the past 24 hours.
Arbitrum, a Layer 2 scaling solution for Ethereum that utilizes optimistic rollups, has claimed the third spot on Santiment’s list. With a strong focus on development activity and a growing ecosystem, Arbitrum is well-positioned to continue its growth and adoption in the coming months. Currently trading at $1.02, ARB has experienced a 1.35% increase in the past 24 hours.
These Layer 2 solutions are poised for significant growth and adoption, presenting attractive investment opportunities for those looking to capitalize on the future of blockchain technology.
