Layer 2 / Scaling

Research Brief · 24 May 2026 Through research on the following hot topics: massive ETH and BTC transfers to Coinbase hint at potential sell pressure, while Ronin’s comeback with a Coinbase listing and L2 migration sparks interest. SpaceX’s Starship V3 launch and ECB’s pushback on stablecoin rules add macro context. Aztec leads GitHub activity among L2s. My take: The large exchange inflows suggest whales are positioning for volatility, possibly ahead of regulatory clarity. Ronin’s pivot is a smart revival play, but stablecoin friction in Europe could slow adoption. Prediction: Expect more L2 consolidation and real-world asset tokenization, with regulatory battles intensifying in the US and EU. Public sentiment is cautiously optimistic but wary of whale moves and regulatory overhang.