Undervalued Gems in L1 and L2 Protocols
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When it comes to the biggest Layer 1 and Layer 2 protocols by TVL, two projects stand out as the most undervalued:
đč#Arbitrum â With a TVL ratio of just 0.44x, Arbitrum is one of the most undervalued Layer 2 protocols on Ethereum.
đč#Blast â Holding a TVL ratio of 0.69x, Blast also ranks as a highly undervalued project in the Layer 2 space.
đ Top L1 Protocols by TVL:
#Ethereum
#Solana
#Tron
đ Top L2 Protocols by TVL:
#Arbitrum
#Optimism
#Blast
Both Arbitrum and Blast are presenting strong potential given their current valuations relative to TVL! Keep an eye on these projects.
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