According to Odaily, Lumx Studios' Chief Business Officer Lugui Tillier has stated that Ethereum's future is increasingly dependent on the emergence of thousands of Layer 2 (L2) blockchains. In 2024, major NFT series such as Pudgy Penguins, Bored Ape Yacht Club, and Azuki, along with traditional companies like Fox Corporations and Flipkart, have announced plans to launch their own L2 solutions. While some view this trend as mere hype, it is anticipated that thousands of L2s could emerge within the next year, significantly advancing the Ethereum ecosystem.

L2 blockchains address Ethereum's scalability and cost issues by batching transactions and sending them back to the Ethereum mainnet. This process enhances the efficiency and affordability of transactions on the network. Projects like Polygon, Optimism, and ZkSync are working on liquidity aggregation layers to tackle fragmentation issues, further driving the development of the Ethereum ecosystem.