Here is a list of the most promising Layer-2 tokens expected to perform well in the upcoming bull market of 2024, offering faster transactions, lower fees, and enhanced scalability:
1. Arbitrum (ARB)
A prominent Layer-2 solution enhancing Ethereum transactions with reduced gas fees and high speed, widely used in DeFi applications.
2. Polygon (MATIC)
One of the leading Layer-2 platforms with zkRollups and Proof-of-Stake, providing faster and cost-effective transactions. Known for its partnerships with Nike and Starbucks.
3. Optimism (OP)
This Layer-2 protocol utilizes optimistic rollups to increase Ethereum’s throughput and is becoming popular for its innovative governance model and partnerships.
4. Immutable X (IMX)
Focused on blockchain gaming, Immutable X offers scalable NFT transactions without compromising security on Ethereum.
5. Base
A new Layer-2 network developed by Coinbase, leveraging Optimistic Rollups to provide fast and low-cost Ethereum transactions, particularly for NFTs and DeFi activities.
6. Mantle (MNT)
An emerging Layer-2 protocol focusing on decentralized governance and scalability, with a goal to drive mass adoption through efficiency.
7. Loopring (LRC)
Known for integrating zkRollups, Loopring offers secure and low-cost transactions, particularly in decentralized exchanges and payment systems.
8. MetisDAO (METIS)
A Layer-2 platform combining decentralized governance with enhanced scalability, showing strong growth potential.
9. COTI
Transitioning from Cardano to Ethereum, COTI aims to provide privacy-centric transactions while reducing gas costs through zk technology.
10. Dymension
A modular Layer-2 blockchain focused on scalability and interoperability, facilitating specialized applications through RollApps.
These Layer-2 projects stand out for their potential to address scalability challenges while maintaining affordability and security on the Ethereum network.