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Do Layer 2 cryptos really help web3? Layer 2 crypto portfolio analysis

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Do Layer 2 cryptos really help web3? Layer 2 crypto portfolio analysis

If you look at total value locked, transactions per second and cost of the transactions then it favors the notion that L2 improves the web3 infrastructure for scale and adoption. Though the fundamental growth has been good for Layer 2 Blockchains, the market performance of the tokens has been lagging.

Going 15 years ahead will Layer 1 Blockchains need Layer 2 or Layer 1 will improve their efficiencies with their own upgrades? We will see how that unfolds but for an investment with 3-5 year horizon Layer 2 blockchains can be a good addition.

Value locked - $45 billion in TVL supports firm adoption.

https://preview.redd.it/l3r4mko1ried1.png?1530&format=png&auto=webp&s=63bbed9dacffcafbcb600e7a9ea8ea923319c0ed

Layer 2 crypto portfolio performance - Market performance has been average.

https://preview.redd.it/p26zsi2cqied1.png?1130&format=png&auto=webp&s=bde72e8849c44bc751cbf22dca4bc639c5c4e7f3

Activity based on transactions per second - Significant increase in the activity which lead to more transactions per second.

https://preview.redd.it/dv211ljrqied1.png?1565&format=png&auto=webp&s=a4e6b3e601c51882e58acef4b1a7b2d0c5b0ee74

Costs and fees - Costs very less compared to Layer 1 blockchains.

https://preview.redd.it/7e3wc79xqied1.png?1550&format=png&auto=webp&s=d05a7248a7e59235f4fe66c9a12efd9632ee91d2

submitted by /u/Mr_Hodlerr
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