Banking behemoth VanEck has valued Ethereum Layer-2 (L2) solutions at an astounding $1 trillion in a daring prediction, emphasizing the critical role that efficiency gains and scalability improvements will play in the development of blockchain technology.
Ethereum Layer 2s Poised For Significant Increase In Valuation
According to VanEck researchers, Ethereum Layer 2 scaling networks are expected to soar to the aforementioned market valuation by 2030. Leading the comprehensive prediction were Patrick Bush, the senior investment analyst at VanEck, and Matthew Sigel, the head of digital research.
Specifically, the bold forecast was carried out while evaluating Ethereum Layer 2s in five distinct important areas. These include Layer 2s transaction pricing, developer experience, user experience, trust assumptions, and L2s ecosystem size. In addition, it was made by first assessing the amount of assets in the Ethereum ecosystem and then projecting that ETH would account for about
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