BashJasper

Honestly, L2 scaling solution projects are now increasing by the day. Should we worry about that? Absolutely, not. Why? Because it reduce overdependence on one solution and increase adoption. Also, focusing on different aspect of scaling is a good thing; for instance, Blast focus on staking ETH and stablecoin reinforces security on their network and Ethereum mainnet which increases users' confidence in blockchain and crypto.

Well, price performances are always a reflection of either of 2 factors: 1. constant hype by influencers/KOLs 2. whale trading activities 3. imrovement of tech or expansion of utility/usecase to accommodate needs of users For BGB, I think it's rather the last 2 basically from the recent expansion of its ecosystem where the token is used for several high-end events like launchpad, poolx etc.

Looking at the recent price movement of BGB, it seems its usecase is well evident in the launchpad on the platform. I just hope Bitget Wallet ecosystem could be built around BWB to encourage people holding more after launch