March has brought new excitement over the cryptocurrency marketplace. Bitcoin's value is on the rise again. It had dropped to $43,537 on February 28. On March 1, it went as high as $49,200. Traders are increasingly using DeFi as a way to drive fees up on Ethereum's network. This is highlighting the range of layer-two protocols that offer alternate solutions. Some of the options include XDai and Loopring. They're reducing traffic on Ethereum.

Matic Polygon used to be called Matic. It has officially launched an aggregator for Ethereum. Its price has increased by 400%. Its value on March 1 was $0.245. Aavegotchi was the first project on the network. It also got a boost when Atari said that it would integrate Polygon in order to bring their tokens up to layer two.

xDai xDai is also a layer-two product. Investors have been watching it as a side chain, open-source system that has a framework for smart contracts. It offers fast and low-cost transactions on Ethereum's network. Its price went up by 500%, reaching $43 before it dropped. Some recent partnerships include Binance's Smart Chain and Bao Finance.

Loopring Loopring is a layer-two product. It focuses on decentralized cryptocurrency exchange platforms. Uniswap and Sushi Swap are two examples. It combines liquidity and the advantages of decentralized exchanges. It offers efficient transactions. The value of Loopring went from $0.165 to $.88 since January 12.

Ether Ether went as high as $1,500 on March 1. This will hurt investors who are trying to use decentralized finance tools on the network. The cost of gas for conducting simple transactions and the fees will keep driving users to try alternate platforms that offer layer-two solutions. Polygon, Loopring and xDai are all good alternates. Each one of them is in a good position to capitalize on the trend that is driving traders away from Ether. People will not want to stick with Ether if it means that doing so cuts into their profits. Heavy-volume traders would see their profits eaten up by the fees, so they will take their trades elsewhere in order to preserve profitability.