# Can ETH Handle L2 Demand?

*Author: Bankless*
*Published: Oct 3, 2024*
*Source: https://www.bankless.com/fr/can-eth-handle-l2-demand*

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Can ETH Handle L2 Demand?
    
  

  
  Published on Oct 3, 2024

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      NEED TO KNOW
    
    
  
  
    
Crypto Meets SWIFT
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/10/Group-14---2024-10-03T181200.971.png)](https://www.bankless.com/dashboard)- 🏦 **SWIFT to Trial Digital Asset Transactions in 2025.** The prolific banking communications network is [gearing up to embrace crypto](https://www.bankless.com/crypto-on-swift).
- **👻 Grayscale Launches Aave Trust as its V3 TVL Surpasses $10B. **The flagship DeFi lending protocol is [gaining](https://www.bankless.com/grayscale-launches-aave-trust-as-its-v3-tvl-surpasses-10b) more support and attention.
- 📺 **Upcoming HBO Documentary Claims to Know Satoshi Identity.** 'Money Electric: The Bitcoin Mystery' [premieres next week](https://www.bankless.com/upcoming-hbo-documentary-claims-to-know-bitcoins-creator).

.  .  .

 
  
    
      
      GO BANKLESS
    
    
  
  
    
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    MARKET VIBES

  
  

Bitcoin Dominates
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Bitcoin briefly dipped below the $60K barrier Thursday, but a rougher week for ETH prices still brought bitcoin dominance back above 58% – within striking distance of its highest point since ETH's early 2021 run-up.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.11T
       

  
    
    ↗ 0.1%
    
  

   
    
    ↘ 7.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $60,913
       

  
    
    ↗ 0.6%
    
  

   
    
    ↘ 6.3%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,352
       

  
    
    ↘ 0.5%
    
  

   
    
    ↘ 10.8%
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/17799.png)
    

  **AXL**
   
          $0.647
       

  
    
    ↗ 12.0%
    
  

   
    
    ↘ 8.6%

    
  

  

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🚀**New Token Rating: Axelar** is today’s top-performing crypto asset, up 12% on the news its latest interoperability standard has been integrated with leading alt-L1s. Why might this development incite bullish momentum?[Unlock AXL on Token Hub](https://www.bankless.com/tools/token-hub/axelar)

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ANALYSIS

  
  
    
Can Ethereum Handle Growing L2 Demand?

  
  
   
     
     Guest Author: 
     
       
       
     Jonah Roberts
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/10/image---2024-10-03T180943.214.png)](https://www.bankless.com/is-ethereum-equipped-to-handle-growing-l2-demand)Most of us who spend time in the world of Web3 believe that new waves of adoption are around the corner. From global payments, tokenization, and DeFi to gaming and online culture, the promise of useful crypto applications reaching the wider world feels closer than ever. However, for this vision to become reality, the underlying infrastructure must be prepared to handle the extra weight.

Today, we aim to answer a crucial question: **Is Ethereum equipped to handle the growing demand placed on its Layer 2 solutions?**

*Let's dig in *👇

[Read More on Bankless.com](https://www.bankless.com/is-ethereum-equipped-to-handle-growing-l2-demand)
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