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Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says

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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Investment firm VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 but remains “generally bearish” on the long-term prospects of several such networks.

Investment firm VanEck predicts Ethereum layer 2 networks could be valued at over $1 trillion by 2023 in a base case scenario but remains “generally bearish” on the long-term prospects of several such networks. VanEck said the following factors would eventually come into play for the long-term growth of L2 networks.

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