WIF flips two Ethereum L2s, Optimism and Arbitrum, on market cap metrics as Dogwifhat price climbs 10%

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Optimism,Arbitrum,Ethereum

Meme coins were the first to hint at what now looks like signs of a broader market recovery.

Dogwifhat price has soared nearly 10% to become largest gainer among top nine meme coins. WIF has overtaken two of the biggest L2s on Ethereum, Optimism and Arbitrum, on market capitalization metrics. OP and ARB are last cycle’s narrative, not inspiring much excitement this time around. While Pepe price led the pack on Thursday, Dogwifhat has since taken the baton, alongside Cat in a Dogs World , as Solana-based meme coins lead the sector.

Ethereum development FAQs What is the next big Ethereum software update? After the Merge, the Ethereum community is looking at the Sharding upgrade next, which has been slated for sometime later in the year. The development can be summarized in four words, “scalability through more efficient data storage.” The software update will increase the capacity of the blockchain, widening the amount of data that can be stored or accessed.

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