According to Odaily Planet Daily, VanEck predicted in a new research report released on April 3 that the market value of Ethereum L2 will reach US$1 trillion by 2030. This reflects the industry’s belief that the technology has the potential to significantly improve blockchain’s scalability and efficiency, marking a significant change in the landscape for digital assets and their underlying technology.

The investment institution's analysis evaluated several key dimensions of the emerging L2 ecosystem: transaction pricing, developer experience, user experience, trust assumptions and ecosystem scale. The report points out that L2 technologies, especially Optimistic rollup and zero-knowledge rollup, are solving Ethereum’s biggest challenge – scalability.

The analysis also pointed out that the upgrade of EIP-4844 is a key development, introducing "Blob Space", which greatly reduces the cost of data release, thus financially benefiting L2 operations. The report believes that the cost reduction brought by EIP-4844 is crucial to increasing L2’s profit margin.