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Ethereum’s Future Could Be at Risk Due to Layer-2 Networks 🚨
Ethereum’s growth might be in trouble as Layer-2 networks, like Optimism and Coinbase’s Base, are attracting more users and value than Ethereum’s main network. According to #VanEck analyst Matthew Sigel, this could lower Ethereum’s price significantly—from a projected $22,000 by 2030 down to $7,300.
Layer-2 networks help #scale Ethereum by handling more transactions, but they’re taking away more value than expected. Sigel suggests Ethereum may need to change its approach, possibly by sharing fees with Layer-2 networks, to stay competitive.
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Ethereum’s growth might be in trouble as Layer-2 networks, like Optimism and Coinbase’s Base, are attracting more users and value than Ethereum’s main network. According to #VanEck analyst Matthew Sigel, this could lower Ethereum’s price significantly—from a projected $22,000 by 2030 down to $7,300.
Layer-2 networks help #scale Ethereum by handling more transactions, but they’re taking away more value than expected. Sigel suggests Ethereum may need to change its approach, possibly by sharing fees with Layer-2 networks, to stay competitive.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
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