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Sudden SpikeSnapshot Window: 2026-09-20 12:30 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 1, Retweets: 2, Likes: 10, Impressions: 202
Verbatim Community Citations & Social Evidence 1 source posts analyzed
If paying tens to hundreds of U in rent to Ethereum's settlement layer each week can secure Ethereum-guaranteed security and composability, then what's the point of public chain projects choosing to build sovereign, independent L1s instead of L2s? Why is Coinbase building an
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AI visual note: A dashboard titled "Rent Paid to L1" displays weekly Layer 2 rent payments to Ethereum settlement, with Robinhood Chain leading at $4.89K (+94%), Base Chain at $2.58K (-93%), and World Chain at $852.90 (-80%) over a 1-year period ending September 2026. The chart illustrates the diminishing trend in L2 rent payments over time, visually supporting the post's argument that high settlement costs paid by Layer 2s to Ethereum may not justify why projects like Coinbase's Base would instead build independent L1s rather than leverage Ethereum's security guarantees.