VanEck report: Ethereum L2 market value is predicted to reach $1 trillion by 2030
According to a new research report released by VanEck on April 3, it predicts that the market value of Ethereum L2 will reach $1 trillion by 2030, reflecting the industry’s belief that the technology has the potential to significantly improve the scalability of blockchains. sex and efficiency, which marks a significant change in the landscape of digital assets and their underlying technologies.
The investment firm’s analysis evaluates several key dimensions of the emerging L2 ecosystem: transaction pricing, developer experience, user experience, trust assumptions and ecosystem scale. According to the report, L2 technologies, specifically Optimistic rollups and zero-knowledge rollups, are solving Ethereum’s biggest challenge – scalability. These solutions are designed to expand Ethereum’s transaction processing capabilities without compromising its core properties of security and decentralization.
The analysis points to the EIP-4844 upgrade as a key development that introduces “Blob Space” that significantly reduces data publishing costs, thereby financially benefiting L2 operations. According to the report, the cost reductions brought about by EIP-4844 are critical to improving L2’s profit margins. (CryptoSlate)
