Investment Giant Predicts $1 Trillion Market for Ethereum Layer-2 by 2030
According to a recent report released by VanEck on April 3, the investment firm predicts that Ethereum's Layer-2 protocols will collectively achieve a market capitalization of $1 trillion by 2030.
This projection is based on a thorough analysis led by VanEck’s senior investment analyst Patrick Bush and head of digital research Matthew Sigel.
VanEck’s analysis highlights the potential of Layer-2 technologies, such as Optimistic Roll-Ups and Zero-Knowledge Roll-Ups, to address Ethereum’s scalability challenges while maintaining security and decentralization.
The report underscores the significance of recent upgrades like EIP-4844, which aims to reduce data posting costs and benefit Layer-2 operations financially.
In addition to scalability improvements, VanEck’s report examines revenue models and competitive dynamics within the Layer-2 ecosystem.
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It anticipates that Layer-2 solutions will capture a significant portion of transaction value and Total Value Locked (TVL) in the Ethereum ecosystem by 2030, driven partly by the potential of Maximal Extractable Value (MEV) to boost Layer-2 revenues.
Looking ahead, VanEck envisions a future where Ethereum Layer-2s play a central role in the global blockchain ecosystem, catering to a diverse range of use cases beyond finance.