Degen Chain (DEGEN) went live last week with a Layer-3 (L3) on Base and found great early success. Other projects are also building and exploring their own Layer-3s, like Momoka (Lens), PengChain (Pudgy Penguins), XAI Games, ApeChain (Yuga Labs), etc. While degens are going to degen, Messari analysts consider some key questions brought about by Layer-3s and what it means for the future of Ethereum.

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