---
title: "Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank"
url: https://diffcoin.com/too-early-to-say-ethereum-l2s-are-cannibalistic-to-revenue-sygnum-bank/
description: "Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently reached throughout 2021 and 2022. Source link"
published: 2024-10-25
updated: 2024-10-25
author: "Mila"
site: "Diffcoin"
---

# Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank

Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently reached throughout 2021 and 2022.

[Source link](https://cointelegraph.com/news/premature-fear-ethereum-layer-2s-will-harm-revenue-sygnum-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)