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Too early to say Ethereum L2s are ‘cannibalistic’ of revenue: Sygnum Bank

Ethereum daily fees hover between $1 million and $5 million — far less than the $30 million consistently reached throughout 2021 and 2022.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Too early to say Ethereum L2s are ‘cannibalistic’ of revenue: Sygnum Bank

Ethereum daily fees hover between $1 million and $5 million — far less than the $30 million consistently reached throughout 2021 and 2022.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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