Coinbase says that if more user activity moves to layer 2s and those blockchains need their own tokens to enable transactions, that could reduce the ФИНАНСИРАЊЕ yields to Ethereum validators , cutting their revenue. That could reduce staking on the platform and increase the amount of ether (ETH) circulating, potentially damaging the cryptocurrency’s price. A decline in validators could also have a negative impact on the overall security of the network, the report said.
Source: https://www.coindesk.com/tech/2022/08/09/ethereum-layer-2s-could-take-revenue-from-the-blockchain-as-they-become-more-competitive-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines