
Warpcast🪂🪂🔵
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Swellchain’s transaction surge hits 180K daily transactions.
Let’s dive into the data: DeFi activity is at 12.92%, with protocols like Ambient Finance and CrocSwapDex leading the charge, while token transfers (likely tied to the SWELL token) make up 30.76%, and utility apps like Merkle Tree Airdrop Tooling account for 20.48%.
Other layers like Linea & Arbitrum are growing, but neither is matching Swellchain’s explosive surge. Unichain, a newer L2, is at a modest 10.56 TPS with fees as low as $0.006, but it’s nowhere near Swellchain’s volume
Still, I’m curious about sustainability, Swellchain’s spike might be airdrop-driven, and centralization risks in restaking (like large validators dominating) could pose challenges down the line. I’m bullish on restaking, but we need to watch how this plays out. Thoughts? 0 reply
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