Sometimes old dog meme coins can learn new tricks, and for Dogecoin, (DOGE -0.33%) that process may finally be underway. That would enable Dogecoin to host Layer-2 (L2) chains for faster and more efficient transactions, and also provide virtual machines that execute off-chain. There's a potential revenue flywheel hereThe second idea that investors need to know is more subtle, but potentially even more powerful for holders. If Dogecoin can verify cryptographic proofs on-chain as the proposal calls for, submitting those transactions will require network fees, which are paid in Dogecoin's native coin, DOGE. Today, fee revenue on Dogecoin is modest, a byproduct of transfers; so far in Q3 2025, it generated just $281,557 in fees.