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$S & $SEI ⏳️
If you don't have this pair in your bull basket, you might be very, very upset.
The highest x's have always been on L1's.
Because when the TVL rises in L1 projects and people flock to it, they have to buy L1 coins to make transactions on the network. You make transactions on the network with this coin and pay fees. Natural organic rises occur very frequently in L1 for this reason.
Example; $SOL, $SUI
Look, L2 projects support and expand Ethereum.
No matter how much TVL grows in L2, ETH is used in transactions on the network and gas fees are paid in ETH.
So L2 tokens are not in demand outside of voting, and I don't think the rise is organic; it is shaped according to the team's initiative and the hype that is generated.