Coinbase Layer-2 Fees Spike Due to Bot Activity; Buterin Expects Layer-2 Growth Despite Slow Adoption After Dencun

Transaction costs on Coinbase's Base layer-2 spiked today due to increased bot activity willing to pay high fees
Vitalik Buterin said layer-2 usage has been lower than expected since the Dencun upgrade, about 67% below targets
Some layer-2s like Polygon have yet to fully integrate Dencun blobs, so growth could come in the next few months
Low blob usage has kept layer-2 fees ultra-cheap for now, but costs may rise as demand increases
Buterin said he looks forward to seeing layer-2 usage and adoption grow over the coming months