The Fragmentation Fallacy: Layer2s Are Not Scaling Ethereum, They Are Dismantling It
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Neutral
Market Sentiment
Block reward halving event
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Team and early investor shares released
92 million ARB released
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
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Bitcoin Season