2026-01-11 13:21:30

The battlefield of Ethereum scalability is becoming increasingly interesting.

As the leading player in the L2 ecosystem, ARB's TVL is far ahead, and various applications are living here. However, OP is also building its own super chain ecosystem using the open-source OP Stack solution, with chains like Base running on its technical system, seemingly creating a highly liquidity-focused alliance. Celestia's approach is more fundamental — it separates the data availability layer, significantly reducing the cost for projects to launch their chains, which really feels like laying the foundation for the entire multi-chain era.

On the ZK path, STRK is using mathematical proofs to perform security validation, especially suitable for complex financial and gaming scenarios. But the real dark horse opportunity for 2026 might be STX — Bitcoin's L2. Bitcoin ETFs are becoming more popular, and the potential for DeFi applications on BTC has not been fully explored. This could be the biggest dark horse breakout.

Oracles and trading scenarios are also evolving. PYTH almost monopolizes high-frequency price feeds on high-performance chains like Solana, with speeds far surpassing traditional oracles. As for HYPE, it has made on-chain perpetual contract trading quite impressive, with huge trading volume, already showing signs of becoming a new dominant player in the decentralized derivatives track.

ETH4,92%

ARB6,91%

OP11,77%

TIA8,51%

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POAPlectionist

· 01-13 03:47

STX is indeed a niche angle; most people haven't really grasped the concept of Bitcoin L2.

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CrashHotline

· 01-12 02:23

Wow, no one really paid attention to the STX point. Is there such a big gap in the Bitcoin ecosystem? ARB is now too competitive. The OP Stack approach is indeed clever, and the liquidity alliance idea has some potential. PYTH's speed is truly terrifying; traditional oracles are almost out of business. HYPE's recent trading volume is really strong. Is the derivatives track about to change? Celestia's idea of laying the foundation for multi-chain is what I think is the core, but whether it can truly reduce costs and improve efficiency remains to be seen.

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MidnightSeller

· 01-11 19:37

STX really tends to be overlooked, and the BTC ecosystem still has such huge potential for imagination. OP Stack definitely has some real value, but ARB's moat isn't that easy to break through. PYTH monopolizing high-frequency price feeds? Can this logic really hold up? Feels like it could be knocked down a notch at any time. Perpetual contracts are so competitive, why has HYPE become the dominant player? Celestia has broken through the underlying logic, this time it's truly different. Wait, can STX really become a dark horse in 2026? I feel like ARB is still more stable. Who is the future—ZK or Rollup? So annoying. If Bitcoin L2 has such huge potential, why is no one rushing in?

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BearHugger

· 01-11 13:48

The STX sector is seriously underestimated, really. Once the BTC ecosystem takes off, who still cares about those old L2s? The TVL stacking of ARB isn't that meaningful; the key is how many retained users can be kept. OP Stack looks impressive, but Base's gas fees aren't exactly cheap either. Don't be fooled by marketing. Celestia's modular narrative has been talked about for so long, but the projects actually using it are still just a few. I don't understand STRK; mathematical proofs can't make me money. Who cares about security verification? PYTH's speed is just so-so; the oracle track has been saturated for a long time, nothing new. HYPE's perpetual trading volume is indeed large, but I'm just worried about another liquidation wave someday. Derivatives are always the best tool for cutting leeks. If I were to get on board, I still favor STX. Bitcoin still has room to grow, and it's not too late to jump in now.

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GasBandit

· 01-11 13:29

ARB is still the same old story. OP's recent OP Stack alliance is indeed impressive, but I still favor STX. Bitcoin L2 has really been underestimated.

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LightningWallet

· 01-11 13:27

ARB is just resting on its laurels; the OP Stack is really formidable. Once it gets established, you'll see. No one is paying attention to STX; who would have thought BTC would do DeFi? PYTH's speed is indeed exceptional, but is the trading volume really that huge? Need to check the data. The OP alliance seems to be gaining momentum; ARB might be a bit at risk. Bitcoin L2 is the real hotspot; wake up, everyone. STRK's mathematical proof set is a bit advanced; making money is the key. Celestia's groundwork idea is very thoughtful, but can it be implemented? As long as perpetual contracts offer a good experience, who cares about centralization or decentralization? 2026 is still far away; going all-in now is too early. PYTH is really monopolizing the oracle space; there's no room left.

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RamenStacker

· 01-11 13:25

Everyone is focused on expansion, but no one is really talking about STX. The BTC ecosystem is severely underestimated.

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