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Trading Crypto Inflection Points | Hal Press
Empire
ETH Is Going to Generate a Lot of the Value?
The majority of value accrues to the app layer. However, there's only one ETH and then there's 10 L2s. If I recall correctly, more value accrued to ETH than the L2. But it's like in the same order of magnitude. So that's an interesting point. I do think that app layer is going to generate a lot of the value... but I actually don't know how much it matters for ETH specifically,. How much value they capture.
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