Ethereum Layer 2 Tokens Rally Ahead of Merge, But Price Correction Worries Linger

• Layer 2 tokens like Polygon's MATIC and Arbitrum's ARB rallied leading up to Ethereum's Dencun upgrade, with MATIC and ARB up 6-7% • Starknet's STRK shot up almost 10% after initially falling when the upgrade went live, erasing earlier losses • Optimism's OP briefly rallied 10% but gave back some gains and was up less than 2% • Gaming-focused Immutable X (IMX) and Celo (CELO) declined 6-7% • Analysts warn ether could see a price correction after anticipation around the upgrade passes