Top 10 Layer 2 Projects to Watch in the Near Future
part 4
5. Manta Network
Manta Network distinguishes itself with its focus on security and privacy, using advanced Zero-Knowledge Proofs (ZKP) technology to protect user privacy and enable anonymous transactions on Ethereum.
Recognized for its robust security and efficiency, Manta Network has raised $60 million from investment groups like The Spartan Group and Binance Labs.
6. Starknet
Starknet is an advanced Layer-2 project utilizing STARK (Scalable Transparent Argument of Knowledge) technology to process thousands of transactions per second at low costs. Starknet’s 2024 development plans include expanding its ecosystem and improving user experiences, aiming to reduce transaction fees through integration with Ethereum’s EIP-4844 and other innovations like the Volition mode.
Starknet has attracted $285 million from leading investors such as Paradigm and Pantera Capital.
7. Immutable X
Immutable X is a specialized Layer-2 platform for NFTs on the Ethereum network, employing ZK-STARK technology to ensure the security and efficiency of digital assets. Backed by the IMX cryptocurrency, Immutable X promises to revolutionize the gaming and NFT industries.
With an investment of $322 million from Coinbase Ventures and Continue Capital, Immutable X is becoming the go-to choice for NFT-related projects.
8. Linea
Developed by ConsenSys—the parent company of well-known projects like Metamask and Infura—Linea is a zk Rollup Layer-2 solution that uses zkEVM technology. This technology enables Linea to offer better product development experiences and high compatibility with Ethereum, allowing decentralized applications (DApps) to easily migrate from Ethereum to Linea.
part -5 comming soon with coin list and details! DYOR before investing!