VanEck: By 2030, the fundamental valuation of Ethereum's Layer 2 network may exceed 1 trillion US dollars
Investment firm VanEck predicts that by 2030, the base valuation of Ethereum's second layer (Layer 2, L2) network could exceed $1 trillion. The investment company has evaluated multiple L2 networks and despite a generally bearish outlook on their long-term prospects, it expects "thousands" of Rollups to eventually emerge. Arbitrum is currently the largest ecosystem with over $18 billion in locked tokens. VanEck analyzed factors such as transaction costs, developer experience, user experience, trust assumptions and ecosystem size, believing they will be key to the long-term growth of L2 networks.
According to VanEck analysts Patrick Bush and Matthew Sigel estimate that Ethereum will ultimately occupy 60% market share of all public blockchains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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