Ethereum Layer 2 Networks Projected to Reach $1 Trillion Valuation by 2030, VanEck Reports

Despite optimistic forecasts, VanEck adopts a generally bearish stance on the long-term value of most Layer 2 tokens due to intense competition and potential market saturation.

• VanEck's analysis of 46 Ethereum Layer 2 networks anticipates a significant growth, projecting a valuation of over $1 trillion by 2030.
• Arbitrum leads with the largest ecosystem, boasting over $18 billion in locked tokens, indicative of the sector's current strength.
• Ethereum is expected to secure 60% of the market share across all public blockchains, bolstered by the expansion of Layer 2 networks.
• Factors such as transaction pricing, developer and user experience, and trust assumptions are crucial for the growth of Layer 2 networks.
• VanEck warns of potential oversupply of Layer 2 tokens, estimating an additional $100 billion in Future Delivery Value entering the market soon.

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