One of the leading investment managers VanEck recently announced that Ethereum’s layer-2 (L2) networks will reach $1 trillion by 2030.
The report, by Van Eck’s senior digital asset investment analyst Patrick Bush and head of digital assets research Matthew Sigel, found that layer-2 networks could help generate revenue to solve scalability issues. Ethereum’They stated that they expected it to exceed .
Analysts expect L2s to outperform Ethereum’s main blockchain, noting that most L2 tokens will rank high in the cryptocurrency ecosystem.
At this point, VanEck analysts, VanEck, Optimism, Arbitrum and BlastWhile defining ‘s leading L2s, he attributed the success of these L-2s to having a vibrant ecosystem and making sensational airdrops.
“There are currently 46 Ethereum L2s with a total value of $39 billion; The largest of these is Arbitrum, with $18 billion.
At this point we expect L2 revenues to surpass Ethereum because Ethereum cannot match the transaction volume or user experience of L2s.
Ethereum’s dominance in smart contracts faces a critical hurdle: scalability.
While the Ethereum network offers unparalleled security and decentralized management, transaction fees and processing times increase rapidly as usage increases.”
*This is not investment advice.
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