bitcoin
Bitcoin (BTC) $ 66,091.71
ethereum
Ethereum (ETH) $ 3,187.28
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 606.05
xrp
XRP (XRP) $ 0.544684
cardano
Cardano (ADA) $ 0.5133
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.729305
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.158381
okb
OKB (OKB) $ 55.25
polkadot
Polkadot (DOT) $ 7.38
shiba-inu
Shiba Inu (SHIB) $ 0.000026
tron
TRON (TRX) $ 0.112489
uniswap
Uniswap (UNI) $ 8.01
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 66,132.72
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 84.39
staked-ether
Lido Staked Ether (STETH) $ 3,186.42
solana
Solana (SOL) $ 154.70
avalanche-2
Avalanche (AVAX) $ 38.30
chainlink
Chainlink (LINK) $ 15.31
cosmos
Cosmos Hub (ATOM) $ 8.73
the-open-network
Toncoin (TON) $ 5.67
ethereum-classic
Ethereum Classic (ETC) $ 27.93
leo-token
LEO Token (LEO) $ 5.74
filecoin
Filecoin (FIL) $ 6.48
bitcoin-cash
Bitcoin Cash (BCH) $ 507.57
monero
Monero (XMR) $ 122.97
bitcoin
Bitcoin (BTC) $ 66,091.71
ethereum
Ethereum (ETH) $ 3,187.28
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 606.05
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.544684
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.158381
cardano
Cardano (ADA) $ 0.5133
solana
Solana (SOL) $ 154.70
matic-network
Polygon (MATIC) $ 0.729305
polkadot
Polkadot (DOT) $ 7.38
tron
TRON (TRX) $ 0.112489

$1 Trillion Ethereum L2 Valuation Predicted by VanEck

Must Read

New York-headquartered monetary big VanEck lately outlined its $1 trillion base case valuation case for Ethereum layer-2 (L2) options.

L2s remedy the scalability drawback by dealing with most transactions off the principle blockchain. The principle forms of L2s embody zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs).

In its prolonged report, VanEck predicts that L2s will have the ability to surpass Ethereum by way of income because of the former’s restricted transaction throughput. With that being mentioned, the agency is bearish on the lion’s share of L2 tokens since they don’t seem to be the bottom cash within the crypto ecosystem.

VanEck believes {that a} slew of roll-ups for particular use circumstances will emerge sooner or later whereas just a few general-purpose L2s might be ruling the roost. For example, a separate rollup could possibly be used for internet hosting a social media community.

The agency has singled out Optimism, Arbitrum, and Blast because the L2s which have managed to construct fairly vibrant ecosystems. Their success was achieved partially on account of profitable airdrops that managed to draw quite a lot of curiosity throughout the cryptocurrency neighborhood.

In an effort to measure the extent of success of a sure layer-2 resolution, VanEck makes use of such variables as transaction pricing, consumer expertise, belief assumptions, ecosystem dimension in addition to developer expertise.

In accordance with information supplied by DefiLlama, Arbitrum is the fifth greatest protocol by complete worth locked with $3.18 billion. Blast is available in sixth place with $1.3 billion. For comparability, Optimism is in eleventh place with $1.13 billion.

See also  Outlier Ventures & peaq Launch DePIN Base Camp Accelerator for Web3 Founders

In different information, Ethereum co-founder Vitalik Buterin lately revisited his publish about layer-3 (L3) options, by which he opined that completely different layers are purported to have completely different functions for such an answer to be affordable.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Ethereum (ETH) Buying and selling Quantity Delivers Worrying Sign at $3,000

Ethereum edges above $3,000, crossing the 100 EMA, however regardless of the breakthrough, there's a chance of a bearish...

More Articles Like This