In the Web3 industry, a new layer 2 solution is launched every 19 days, sparking debates on fragmentation. Critics argue that the proliferation of layer 2 solutions is unnecessary, likening it to the early days of the internet when websites were abundant. However, the expansion of layer 2 solutions is seen as a necessary evolution in blockchain infrastructure, catering to diverse industries like banking, gaming, logistics, and manufacturing. Large enterprises are turning to proprietary networks for custom performance, compliance, and privacy. With advancements in technology, the cost of deploying specialized chains is decreasing, leading to a predicted increase in the number of layer 2 solutions. Despite concerns about user experience and asset fragmentation, the future of Web3 lies in seamless interoperability and modular blockchains serving various verticals and use cases. The potential for hundreds of layer 2 solutions coexisting in a scalable ecosystem signifies a shift towards a decentralized and sovereign future. Read more AI-generated news on: https://app.chaingpt.org/news