Coin Bureau Analyst Guy Turner Predicts Ethereum Layer-2 Surge: Unveils Top Selections
Guy Turner, host of the popular Coin Bureau YouTube channel, exudes optimism regarding Ethereum’s (ETH) layer-2 endeavors.
With over 2.41 million subscribers eagerly tuned in, Turner emphasizes the impending Dencun upgrade’s potential to spark significant rallies across layer-2 projects. Expected to launch in March, the Dencun update aims to slash costs associated with layer-2 transactions and enhance data availability on Ethereum’s premier smart contract platform. Turner asserts, “As the Dencun upgrade draws near, Ethereum’s layer-2s are about to take off.” Among his top selections, Turner highlights Arbitrum (ARB), citing its recent surge to an all-time high of $2.40 on January 12th. With Dencun’s anticipated impact on transaction speeds and costs, Arbitrum stands poised for further adoption as a cost-effective Ethereum interaction method.
Currently trading at $1.83, down 6% in the past 24 hours, Arbitrum remains on Turner’s radar. Optimism (OP) also garners Turner’s attention, with its ambitious aim to foster collaboration across various layer-2 scaling solutions within a “superchain” ecosystem. Turner notes the entrance of Coinbase’s Base as a pioneer in this arena, suggesting that the superchain concept could materialize swiftly post-Dencun.
Clever Robot News Desk 23rd February 2024
