TOP 5 Layer 2 blockchain for long term investment.
Layer 2 blockchains that show promising potential for long-term investments:
1. Polygon $MATIC : Polygon stands out as a comprehensive multi-chain system. While it began as primarily a sidechain solution, it has expanded to include various scaling solutions such as zkRollups and Optimistic Rollups. Its broad adoption, including by major DeFi projects and NFT platforms, makes it a top contender for long-term investment.
2. Arbitrum $ARB : As a leading Optimistic Rollup solution, Arbitrum specializes in scaling Ethereum by handling transactions off-chain before finalizing them on the Ethereum network. It has quickly gained traction due to its compatibility with Ethereum's existing infrastructure, attracting significant DeFi activity.
3. Optimism: Another major Optimistic Rollup solution, Optimism, is designed to be fully compatible with Ethereum, allowing developers to easily deploy existing smart contracts. Its focus on minimizing changes for developers, coupled with significant protocol upgrades and a growing ecosystem, positions it well for future growth.
4. zkSync: Employing zkRollups technology, zkSync offers scalability and data privacy through zero-knowledge proofs while ensuring strong security. Its commitment to Ethereum's security principles and its forthcoming expansion into more general computing with zkSync 2.0 makes it a compelling investment option.
5. MetisDAO $METIS : Metis brings a unique focus on simplifying the use of blockchain for creating decentralized businesses and applications. By utilizing Optimistic Rollups, Metis aims to offer low gas fees, high transaction throughput, and robust storage capabilities, catering especially to the needs of decentralized autonomous organizations (DAOs) and enterprise use cases.
These Layer 2 solutions are integral to scaling the capabilities of Layer 1 blockchains like Ethereum, reducing transaction costs, and improving transaction speeds.