Morph: We Built a Layer 2. So Did Everyone Else.

Your call?🐂 Bullish🐻 Bearish

$ETH

$2,239

-7.3%

As of 22 October 2026, Ethereum’s rollups hold about $31 billion in assets. More than $25 billion of that sits on two networks, Base and Arbitrum One. Dozens of other teams, after years of engineering, share what’s left. Morph is one of…