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To craft a detailed and comprehensive statement based on your initial input, let's elaborate on the idea that through extensive research and deep analysis, it has been identified that Metis, a Layer 2 blockchain solution, is perceived as overpriced compared to its counterparts within the same technological framework. This perception arises from a comparative evaluation of similar Layer 2 blockchain platforms, where various factors such as transaction speed, scalability solutions, security measures, user adoption, and overall ecosystem development are taken into account.
- ImmutableX: Project: ImmutableX is a layer-2 scaling solution for NFTs on Ethereum. Users can receive instant trade confirmation and near-zero gas fees for minting and trading NFTs as well as easily create and trade NFTs without compromising the security of their assets. Developers can use ImmutableX to achieve scalability. NFTs can be bought and sold on any marketplaces built on ImmutableX. Price: $3.32
- Starknet: Project:StarkNet is a Zero-Knowledge Rollup (ZK-Rollup) that is decentralized, permissionless, and censorship-resistant. It supports general computation over Ethereum. Developers create applications on StarkNet allowing users to send transactions the same way they do with Ethereum today. All StarkNet transactions are periodically batched, and their validity is proven on a stark proof, which is then verified on the Ethereum Blockchain. Price: $2.39
- Arbitrum Project: Arbitrum is an Eth layer2 scaling solution that supports smart contracts without the limitations of scalability and privacy. Users enjoy low transaction fees and less congestion on Arbitrum. Arbitrum allows developers to create smart contracts by using code to specify the behavior of a virtual machine (VM) that implements the contract’s functionality. Additionally, developers can use Arbitrum for dramatic improvements in scalability and privacy. Price: $2.00
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