• Investment firm VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 but remains “generally bearish” on the long-term prospects of several such networks.
• The firm evaluated 46 layer 2 networks across five key areas and predicted “thousands” of rollups to eventually emerge. Arbitrum is the most extensive ecosystem, with over $18 billion in locked tokens.
• VanEck said that transaction pricing, developer experience, user experience, trust assumptions, and ecosystem size, could play into the layer 2 networks' growth.

Investment firm VanEck predicts Ethereum layer 2 (L2) networks could be valued at over $1 trillion by 2023 in a base case scenario but remains “generally bearish” on the long-term prospects of several such networks.

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