November is the cleanest demonstration yet that L2 expansion is no longer a single curve. It’s a set of parallel demand lines moving for different reasons. The numbers were broad, not concentrated: • @MetisL2 up 256% • @DeriveXYZ up 91% • @Mantle_Official up 64% • @Scroll_ZKP +52% • @zksync +49% • @Starknet +42% • @base / @LineaBuild / @unichain up +30% • @Celo +22% When you classify activity instead of price, the framework becomes obvious: ➣ Throughput chains (@DeriveXYZ , @Mantle_Official ) grow when trading intensity rises. ➣ zkEVM environments (@Scroll_ZKP , @zksync ) grow when dev-side routing expands. ➣ Computation-heavy chains (@Starknet grow when complex execution picks up. ➣ Consumer rails (@base) grow when retail behaviors reappear. ➣ Settlement rail chains (@Celo) grow when stablecoin velocity accelerates. None of these compete with each other directly. They’re responding to different forms of demand. Bridge behavior reinforces that. Canonical paths retain safety. Non-canonical paths gain share as users optimize for latency and batching, not chain allegiance. Routing is becoming an efficiency problem, not a loyalty problem. Ethereum’s position strengthens under this distribution. It doesn’t require one rollup to dominate. It requires all of them to generate proofs, calldata, and settlement load. A fragmented execution landscape still consolidates into the same trust root. My Take The L2 ecosystem has entered the “multi-environment equilibrium.” Growth comes from specialization, not consolidation. November was the first month where enough independent vectors moved at once to make the pattern undeniable.