Competition in crypto is always one of the things that appears familiar in the market. Recalling a bit of what we went through in the most recent uptrend cycle,
that competition is mainly in the top L1, and is easily accessible. Things will not be like this forever, as many problems have been seen, such as operations, fees, speed,...
and L2 will be a new competition to solve these problems.
Why is it like that?If everyone notices that L2 listing or airdrop announcement, then the market is quite exciting, and there are quite a lot of people participating in the market.
Looking at the overall data, markercap,... L2 projects always have Top crypto, TVL is also something that says many things, like a high TVL will depend on the project
team working well as a whole. Use trust when staking into pools in the L2 ecosystem.
A year and a half ago, I heard many people talking about ETH vs BNB in the near future, but now that L2 has joined the main Ethereum network, it is
creating expansion as well as bringing in more Dapps networks, and ETH's TVL has far surpassed BNB. I know the story that when entering the uptrend
period, the investment tendency of traders is to use a lot of money to invest in this market, as I recently saw things about L2 investors raising money.
A lot of money (there are projects raising more than $100 million) has partly determined the trend will belong to L2, at the same time, Ethereum's L1
competitors do not have many breakthroughs or marketing for money to flow in L2, which is constantly being marketed on every social channel. The upcoming
Ethereum updates will aim to expand the network as well as other L2, and every time an L2 project launches a token, it is an exciting time in the crypto community.
So the vision with L2 top What is that? TVL:
~ $704,72m Market cap:
~ $1b TVL:
~$1,7b Market cap:
~$1,2b TVL:
~ $804,8m Market cap:
~ $5,1bI see this as the top project on L2 that I'm also paying a lot of attention to,
the first project OP is quite interested in, there's a lot to say about it but I think simplification is the start, I' m sure this is one
of the projects that people pay a lot of attention to and are accumulat,talking about features, the project helps reduce fees, speed up...
bring smoothness but still safety.
ARB with its extremely huge TVL/mc ratio, it deserves a leading position in the crypto market.
As for MATIC, I see their strength as they have been around for a long time so they have enough experience and strategy.
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So through this, I also had a few small studies as well as speculation about L2 in the near future. Basically, most of the things that L2 needs to do well are process
transactions at a fast speed, reduce gas fees, scales Dapp deployment, and require a strong enough MM to maintain the price. And this is also my speculation
about the top L2 projects, the information and opinions are all based on personal subjective knowledge, hoping to receive everyone's contribution. In addition, you
can also suggest the L2 project you are following.