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    HomeCryptocurrenciesEthereumThe Ethereum ecosystem is alive and continues to evolve.

    The Ethereum ecosystem is alive and continues to evolve.

    In the second half of 2024, Layer 2 solutions such as Arbitrum, Optimism and StarkNet demonstrated record performance. The amount of blocked funds in these protocols exceeded $20 billion, which has become a new milestone in the development of the ecosystem. These solutions reduce the load on Ethereum's core network by offering users cheaper and faster transactions.

    There has also been rapid development of zkEVM (zero-knowledge Ethereum Virtual Machine), a technology that allows smart contracts to run on Layer 2 while preserving compatibility with the underlying Ethereum network. This has opened up more opportunities for developers, increasing the number of new decentralized applications (dApps).

    Following Ethereum's transition to Proof-of-Stake (PoS), the ecosystem continues to develop architectural enhancements. One of the key developments was the introduction of Danksharding.

    Anyone who dares to bury the Ethereum ecosystem will soon remember its power.

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