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Which L2s gained attention today?

Published 423 words 2 min read

TLDR

Todays attention clustered around Starknet (STRK), Base, and RISE, driven by a rally, a bank token pilot, and a trading infrastructure launch.

  1. Starknet (STRK): token momentum and TVL climb drew coverage, highlighting renewed activity on the chain per a market report on Starknets rally and TVL trend (media coverage).
  1. Base: JPMorgan piloted a deposit token (JPMD) on Base for 24/7 programmable settlement between bank clients, signaling real-world finance on L2 rails (project update).
  1. RISE: announced MarketCore and RISEx, repositioning the L2 as a foundation for onchain markets with fully onchain orderbooks (media coverage).

Deep Dive

1. Starknet Momentum

Starknet drew attention as coverage cited a sharp token rally and a rising TVL, pointing to revived user and builder activity on the chain. A recent article highlighted performance versus a weak broader market and referenced increasing staking and protocol usage on Starknet (media coverage).

A separate piece described investors funneling capital into Starknet programs, underscoring the chains efforts to attract liquidity and a renewed focus on use cases such as BTC liquidity strategies (market report).

What this means

If you track L2 momentum, monitor unlock windows and leading apps activity on Starknet to gauge whether the attention converts into sustained usage.

2. Bases Institutional Rails

Base gained attention as JPMorgan launched a deposit token pilot (JPMD) on the chain, enabling always-on settlement for bank clients and showcasing regulated money transacting over an Ethereum L2 (project update).

This signals growing institutional experimentation with public blockspace, even if access remains allowlisted and limited to bank clients. The symbolic impact is meaningful for L2 adoption in finance.

What this means

Institutional pilots can anchor non-speculative volumes. Watch for additional banks or larger transaction footprints to validate Bases role in enterprise settlement.

3. RISEs Market Infrastructure Launch

RISE announced MarketCore (shared onchain orderbooks) and RISEx (onchain perpetuals), reframing its L2 as a market infrastructure layer aiming to run orderbooks fully onchain and aggregate liquidity across markets (media coverage).

The company outlined closed-mainnet timelines and a path to permissionless deployment, while emphasizing low-latency execution and composability for trading venues. If execution quality proves out, it could attract builders exploring new market structures.

What this means

For a builder lens, watch latency benchmarks, initial market depth, and early integrations to assess whether RISEs orderbook-first approach can sustain liquidity.

Conclusion

Attention today tilted toward L2s with clear catalysts: Starknets activity rebound, Bases enterprise settlement pilot, and RISEs market infrastructure launch. The broader tailwind is that L2s keep absorbing more real-world and trading use cases, which could sustain attention if these pilots and launches convert into durable user flows and liquidity.

Educational information only. Crypto markets are volatile and this is not financial advice.


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