🚀 Ethereum's layer-2 (L2) scaling networks are predicted to reach a whopping $1 trillion market cap within six years, according to Van Eck analysts. Despite Ethereum's "limited capacity to process, store, and compute data", L2s are set to cash in big time. Currently, there are 46 Ethereum L2s with a total value of $39 billion. The largest is Arbirtum, boasting $18 billion. Ethereum's recent Dencun update has helped lower L2 transaction fees, and analysts predict more revenues will be generated on L2s than on the base Ethereum network. However, they also warn of "cutthroat competition" and are "generally bearish" on the long-term value of most L2-related tokens. Buckle up, folks! It's going to be a wild ride! 🎢