The growth of active users on Ethereum Layer 2 solutions like Arbitrum and Optimism could indeed benefit ETH’s price. These L2s enhance scalability, slashing gas fees and boosting transaction speeds, making Ethereum more attractive to users and developers. As adoption rises—Arbitrum boasting over 420K active users and Optimism 43K—demand for ETH may increase, since it’s still needed for staking, governance, and bridging to L2s. Historical data shows L2 TVL surges (Arbitrum at $21B, Optimism at $7B) often align with ETH price rallies, reflecting ecosystem strength. However, if L2s reduce mainnet activity too much, ETH’s transactional demand could dip, tempering gains. Still, the net effect leans positive: a thriving L2 ecosystem signals Ethereum’s adaptability, likely supporting ETH’s long-term value as adoption scales.