💎 Ethereum L2 could eclipse the main blockchain

This was stated by VanEck, a major financial organization based in New York.

📔 The company predicts an L2 valuation of $1 trillion, highlighting their potential to surpass Ethereum.

🪙 L2 technologies, such as Zero-Knowledge Rollups (ZKU) and Optimistic Rollups (ORU), provide scalability by processing transactions off the main blockchain.

This could allow them to surpass Ethereum in revenue generation, given the transaction limitations of the main blockchain.

💬 Despite the optimistic forecast for L2, VanEck maintains a cautious stance towards most L2 tokens. The firm believes that these tokens do not serve as the primary currency in the crypto ecosystem.