Hedge fund VanEck predicts Layer2 will hold the majority of transaction value, with Total Value Locked (TVL) in the Ethereum ecosystem reaching approximately $1 trillion by 2030.
This prediction, revealed in the latest report published by VanEck senior analysts Patrick Bush and Director of Digital Research Matthew Sigel, underscores VanEck's confidence in its potential for expansion and efficiency. of Layer2 for Ethereum, as well as becoming key links in the global blockchain ecosystem.
The report evaluates the Layer2 ecosystem on factors: transaction fees, user/development experience, trust and ecosystem scale. Up to now, the two solutions considered to be the most optimal for Ethereum's expansion problem are Optimistic Roll-Ups and Zero-Knowledge Roll-Ups. These solutions expand transaction processing capabilities without compromising security and decentralization (One of Bitcoin Trilemma's longstanding pain points).
Total transaction value locked (TVL) vs. Optimistic Roll-Ups (ORUs) Annual Return
This growth is due in part to the potential of Maximum Extracted Value (MEV) to increase Layer2's revenue. VanEck's analysis shows that the future of Layer2 platforms could provide a competitive advantage over Ethereum in specific market segments.
However, the report maintains a neutral stance on the speculative nature of the cryptocurrency market and the uncertain future of Layer2 token valuations.
The emergence of many specialized Layer2 solutions shows that the application of blockchain technology is impacting beyond the financial sector to other areas such as video games, social networks and infrastructure.
