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Ethereum Comeback Gains Momentum as Activity and Stablecoin Flows Return to L1
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Ethereum Comeback Gains Momentum as Activity and Stablecoin Flows Return to L1
TLDR: Ethereum activity and stablecoin balances are shifting back from Layer 2 networks to the base layer Stablecoin supply and tokenized assets on Ethereum are approaching previous all-time high levels Ethereum’s execution density and composability continue to attract high-value on-chain transactions ETH has outperformed major Layer 2 tokens since October 2025, signaling renewed market strength Ethereum comeback narratives are gaining traction…
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