#CryptoRoundTableRemarks Layer 2 solutions improve the Ethereum ecosystem, according to Nick Tomino

According to Foresight News, Nick Tomino, founder of 1confirmation, expressed his belief that many still believe that Layer 2 solutions for Ethereum could harm ETH. However, he argues that Layer 2 solutions facilitate the development of cryptocurrency applications into independent application chains, giving developers more autonomy. This process also helps distribute ETH and strengthen the Ethereum Virtual Machine (EVM) developer ecosystem. Furthermore, increased activity on Layer 2 solutions could lead to ETH burns, reducing its supply.