The 26th of June was the bottom of Layer 2s Fully Diluted Valuation at $40 Billion!
This is while activity is at an all-time high.

While I appreciate and really like the charts from @growthepie, to me it seems that inflated FDV (due new tokens) isn't helping much.

If people want to take any conclusion from this FDV chart just look how much it dumps after every bump (new token). Yeah... every new token is increasing the FDV from thin air and profits will push nearly everything down. It's how the market works in this airdrop era. Anyway if you ignore bumps and dumps and avg that thing... it's slowly increasing, just ignore the bumps.

Let's scale Ethereum! Layer 2 fundamentals and blockspace analytics. We are public goods funded. https://growthepie.xyz