Ethereum faces scalability hurdles as high fees challenge dApp adoption By Investing.com

From Investing.com:

The leading smart contract platform, Ethereum, is facing scalability issues due to high transaction fees averaging close to $5. Optimism, a Layer 2 solution, offers significantly lower transaction costs, sometimes even below $0.01, and faster processing times. Despite these challenges, Ethereum remains the preeminent platform for smart contracts, with a dedicated community of developers. Layer 2 solutions like Optimism are seen as critical for resolving Ethereum’s scalability challenges and maintaining its leadership in the space.



Read more: Ethereum faces scalability hurdles as high fees challenge dApp adoption By Investing.com