L2 War Heats Up as Robinhood Chain Surges and Base Focuses on Distribution

The cryptocurrency market has seen significant developments in the Layer 2 (L2) space, particularly with the rise of Robinhood Chain and Base.

A recent update from KuCoin highlights that Robinhood Chain has experienced a surge, while Base has taken on a more distribution-oriented approach. This strategic difference is part of what's being referred to as the 'corporate L2 war.'

The numbers suggest that Coinbase has reached a record-breaking 10.3% market share, and users can seamlessly switch between Coinbase and Base with just one tap.