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This market feels so oversaturated with all those L2s

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by COINS NEWS 101 Views

Polygon (actually an own PoS chain), Arbitrum and Optimism were the first "L2s", then Coinbase's BASE, now Metamask also get its L2 called Linea, then there's Scroll and zkSync. Manta has its new released L2.

This list seems not to end, there will be more and more L2s coming.

It feels like 2024 hype is all about new L2s.

But does the market get oversaturated soon? Will there be a L2 to rule them all or will most L2s co-exist parallel with each other?

The bridging from ETH to a L2 is a hassle already, it will be a greater hassle if people own ETH on a dozen of L2s.

Just my opinion, but I think that just two or three L2s will make it longterm depending on scalability, transaction costs, security and most importantly: adoption!

At the moment, I cannot see which L2 is better than the other.

submitted by /u/GoodNature33
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