🚀 Layer-2 (L2) ecosystem is thriving, folks! Ethereum community member Ryan Berckmans says it's "growing like crazy" despite some naysayers.

🔹 L2s are more than just a scaling solution, they're an integral part of Ethereum.

🔹 L2s offer better value than alternative layer-1 networks due to Ethereum’s "credible neutrality".

🔹 Ethereum’s ecosystem is larger and more diverse than competitors.

Berckmans predicts L2s will massively outpace Solana's transaction throughput in the next 5 years. 💪

🔸 Total value locked across all L2 protocols is a whopping $42.86 billion!

🔸 Despite a crypto market decline of 18%, this value has remained steady since March.

🔸 L2 TVL has increased by around 280% since last year.

Berckmans concludes, "Ethereum’s L2 model is killing it, and EVM is leading the pack by far." 🏆

What's your take on the L2 ecosystem? Share your thoughts below! #DeFi #Layer2 #Ethereum