According to Odaily Planet Daily, Lumx Studios Chief Business Officer Lugui Tillier said that the future of Ethereum is relying on the rise of thousands of second-layer (L2) blockchains. In 2024, major NFT series such as Pudgy Penguins, Bored Ape Yacht Club and Azuki, as well as traditional companies such as Fox Corporations and Flipkart, announced the launch of their own L2.

Although this trend is seen by some as hype, there may actually be thousands of L2s in the next year, which will greatly promote the development of the Ethereum ecosystem. L2 solves Ethereum's scalability and cost issues by batching transactions and sending them back to the Ethereum mainnet.

Polygon, Optimism, and ZkSync are addressing the fragmentation problem through liquidity aggregation layers and driving the development of the Ethereum ecosystem.