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In the aftermath of Ethereum's Dencun upgrade, with fees down on most L2s, everyone is thinking about what comes next.
The scaling conversation has now rapidly shifted towards the potential next step — Layer 3s. L3s, which have also been called appchains, offer environments tailored to specific communities and use cases, such as enterprise blockchain applications or gaming.
Further, while Dencun generally reduced fees, we've yet to fully overcome the challenge, with gas prices on popular L2s like Base remaining a thorn in the side for many – though progress is being made.
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* Bankless team holds crypto assets and advise crypto projects. Offchain Labs and Conduit are included in our disclosures. See our complete investment disclosures here
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