Crypto is expanding rapidly, but with expansion comes scalability. Transactions are slow, and fees continue to rise. That's where Layer 2 solutions step in.
These solutions operate by processing transactions off-chain, after which they're synced back onto the primary blockchain. This benefits:
• Lower fees
• Speedier transactions
• Improved user experience
Why It Matters
Layer 2 products such as #ARB , $POL , and $OP are already becoming popular. They're getting applications like DeFi, NFTs, and routine crypto transactions faster and more economical. For Ethereum and other networks, they might prove to be the solution for servicing the increased traffic.