Do Layer 2 cryptos really help web3? Layer 2 crypto portfolio analysis
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If you look at total value locked, transactions per second and cost of the transactions then it favors the notion that L2 improves the web3 infrastructure for scale and adoption. Though the fundamental growth has been good for Layer 2 Blockchains, the market performance of the tokens has been lagging. Going 15 years ahead will Layer 1 Blockchains need Layer 2 or Layer 1 will improve their efficiencies with their own upgrades? We will see how that unfolds but for an investment with 3-5 year horizon Layer 2 blockchains can be a good addition. Value locked – $45 billion in TVL supports firm adoption. Layer 2 crypto portfolio performance – Market performance has been average. Activity based on transactions per second – Significant increase in the activity which lead to more transactions per second. Costs and fees – Costs very less compared to Layer 1 blockchains. submitted by /u/Mr_Hodlerr |
