The projected $1 trillion valuation of Ethereum Layer 2 networks by 2030, as forecasted by VanEck, is rooted in the anticipated widespread adoption of these networks across various sectors, including the metaverse, banking, and gaming.
This estimation reflects the expected surge in usage and utility of Layer 2 solutions in facilitating faster, more efficient transactions and interactions within these high-growth areas.
VanEck Eyes $1 Trillion Valuation for Ethereum L2s Amidst Cautious Long-Term Outlook
- VanEck’s Trillion-Dollar Valuation Prediction: Investment firm VanEck forecasts that Ethereum Layer 2 networks will achieve a valuation surpassing $1 trillion by 2030.
- Bearish Outlook on Many Networks: Despite the optimistic valuation, VanEck maintains a generally bearish stance on the long-term success of several Layer 2 networks.
- Comprehensive Evaluation Conducted: VanEck analyzed 46 Layer 2 networks, examining them across five critical dimensions to inform their predictions.
- Expectation of Numerous Rollups: The firm anticipates the emergence of “thousands” of rollups as part of the Layer 2 expansion, highlighting the anticipated growth and diversification within the space.
VanEck has projected that by 2023
Investment company VanEck has projected that by 2023, Ethereum Layer 2 (L2) networks could reach a valuation exceeding $1 trillion in a base case scenario. However, the firm expresses a cautious stance on the long-term potential of many such networks.
In its analysis, VanEck reviewed 46 L2 networks across five critical dimensions, forecasting the emergence of “thousands” of rollups. Presently, Arbitrum leads as the largest ecosystem, boasting over $18 billion in locked tokens, which constitutes the bulk of the $36 billion secured across all 46 networks.
“The long-term value prospects for the majority of L2 tokens appear dim,” they commented. “The top 7 L2 tokens already embody a combined Fully Diluted Valuation (FDV) of $40 billion, with numerous promising projects slated for launch in the near future.”
VanEck
