Justin Bons, founder of cryptocurrency investment fund Cyber Capital, stated that interest has recently shifted from Ethereum-based layer 2 (L2) projects to layer 1 (L1) projects.
Founder of Cyber Capital Justin BonsIn a remarkable inference for the cryptocurrency market on December 22 found. Bons has attracted investor interest lately. Ethereum (ETH) from L-2 based projects Solana (LEFT), Avalanche (AVAX), Near Protocol (NEAR) And MultiversX (EGLD) He stated that he shifted to L1 projects such as.
Justin Bons stated that the criticisms against Ethereum’s L2 road map are justified at this point, but still Blockchain based problems He emphasized that a bright future awaits the cryptocurrency community as it is resolved:
The narrative in the cryptocurrency market has begun to shift away from Ethereum-based projects in favor of scalable L1s such as SOL, AVAX, NEAR, and EGLD. This confirms the criticisms of ETH’s “L2 scaling” roadmap. With the basic problems of Blockchain solved, a bright future awaits us!
Especially when we moved to Solana in a 2 month period It managed to please its investors by hosting serious increases. According to CoinGecko data, SOL has increased in the last week. 67% While AVAX is on the rise 25% increase accompanied him with his performance.