The second layer network is still very promising, but there are too many projects on the second layer network. The market value of Ethereum has been lowered, there is no way, so the price is very depressed.
Many developers want to get a piece of Ethereum in the second layer network, and the competition in this track is too fierce. Everyone wants to issue coins and everyone wants to make money. Where does the money come from? After all, ordinary people have limited pocket money.
Although the price of the top second layer is not ideal now, I believe that big funds and big institutions will eventually come to the end and see when some memes will appear on the second layer network.
Now many projects can't tell what they are? They have deviated from their original intentions. Maybe there are only a few real second layer network projects. The rest are just here to drink soup.
I am still very optimistic about the second layer network, especially $ARB
