Investment firm VanEck has predicted Ethereum layer-2 networks will collectively reach a market capitalization of US$1 trillion by 2030.
The projection, detailed in a report released on April 3, underscores the potential of layer-2 solutions to significantly enhance the scalability and efficiency of blockchain technology.
The analysis by VanEck points to Optimistic and Zero-Knowledge Roll-Ups as pivotal in addressing Ethereum’s scalability hurdles, setting the stage for a transformative impact on the digital asset sector and solidifying layer-2’s integral role within the Ethereum framework.
VanEck examines various facets of the Layer-2 ecosystem, including transaction costs, user and developer experiences, trust requirements, and overall ecosystem size.
It emphasizes the anticipated benefits of the EIP-4844 upgrade, known as “Blob Space,” which is expected to drastically cut data posting expenses and financially benefit layer-2 operations.
The report also identifies transaction sequencing as a key revenue stream for layer-2 solutions and forecasts that by 2030, these networks will command a significant share of Ethereum’s transaction and total value locked, a measure for assets locked in a network’s decentralized finance ecosystem.
Post Views: 1,713
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://forkast.news/ethereum-layer-2-market-cap-to-reach-us1-trillion-by-2030-vaneck-predicts/
