The report discusses the performance of Ethereum in Q1 2023 and its outlook for the rest of the year. It highlights the significant increase in value flow to Ethereum holders, with a 17x increase in Q1. The report also notes the rise in gas fees and staking Annual Percentage Rates (APRs), which are expected to bring even more value to Ethereum investors and stakers. The report also discusses the recent launch of zkEVMs, with @zksync’s Era leading the pack, and the impressive growth in Decentralized Exchange (DEX) volumes on Layer 2 (L2) solutions.
- Invest in Ethereum: With the increase in value flow and the rise in gas fees and staking APRs, Ethereum presents a promising investment opportunity.
- Explore Layer 2 Solutions: The growth in DEX volumes on L2 solutions indicates a promising area for exploration and investment.
- Keep an Eye on zkEVMs: The recent launch of zkEVMs, particularly @zksync’s Era, presents another potential area for investment and development.