Smaller blockchains like Zilliqa, Gnosis and Ronin are moving onto Ethereum
Layer-1 networks Zilliqa, Gnosis and Ronin are joining the Ethereum ecosystem. The report says rising costs of running independently make security and liquidity benefits hard to pass up. For traders, this shows where other smaller chains may be heading and how Ethereum's network could gain activity.
Why it matters
- Running a standalone blockchain is becoming more expensive, according to the report.
- Security and liquidity advantages are pulling smaller chains toward Ethereum.
- Ethereum-linked projects may draw more attention and activity in the coming period.
What to watch next
Watch whether more smaller layer-1 chains announce moves onto Ethereum and how trading activity on those networks develops.
