L2's lack of narrative power and being FUD is just a symptom, not the important reason. One of the most important reasons is that the application ecosystem has not exploded yet, so the demand for L2 block space is not urgent. The demand for L2 block space is the source of L2 value. Coupled with too much L2, liquidity is dispersed, exacerbating the situation. However, this won't always be the norm.

With the launch of the token economic mechanism, the incentive efficiency of different L2s will be significantly different, and the application ecology on L2 will also change. In addition to defi, especially with the development of games, social, AI, depin, etc., different The gap between L2s will gradually widen. There is a high probability that one L2 will stand out and reach a share of about 50% or more, and 3-5 companies will divide the remaining share. The remaining L2 will gradually fade out.

The current pattern has not yet been determined. Whoever makes good use of economic mechanisms and developer resources will have a chance to win. It may only take a few popular apps to set the stage.

Only when applications explode and the pattern is determined will the market value of L2 have a chance to truly emerge. Before that, it may take a long period of fierce competition

#Meme板块普涨 #币安合约锦标赛 #美联储何时降息？ #Blast空投 #MegadropLista