Optimism

Ethereum vs. the Competition: A Look at the Top Ethereum Killers in 2023

This is an up-to-date list of Ethereum's highest quality competitors that you should be keeping an eye on in 2023.

Coinbase is launching a new Ethereum Layer 2 called Base using the technology powering Optimism.

Optimism airdropped $30M in OP tokens to 300k addresses. The market did not react well to the airdrop, and the OP token lost $148M in market cap.

Optimism's aggressive token issuance schedule makes it a tough investment, as it is expected to 10x its supply soon.

MetaMask teases an airdrop, Coinbase launches a wallet, Metis Bridge and the Maker Wormhole are coming to ETH, and ENS had a large airdrop.

Optimistic Rollup Ethereum L2 Metis announced a $100 million fund. Maker announced the Wormhole, an oracle-driven bridge with low fees.

Last weeks crypto news including new DeFi ecosystems, GameStop's rumored partnership with Loopring, and Reddit bringing web3 to 500M users.

Ethereum blocks are worth the most. Low-fee networks like Solana struggle to generate significant fee income.