Opinion: Thousands of L2 blockchains may appear in the next year to promote the development of Ethereum ecosystem

Odaily News Lugui Tillier, chief business officer of Lumx Studios, wrote that the future of Ethereum is relying on the rise of thousands of second-layer (L2) blockchains. In 2024, major NFT series such as Pudgy Penguins, Bored Ape Yacht Club and Azuki, as well as traditional companies such as Fox Corporations and Flipkart, announced the launch of their own L2s. Although this trend is regarded by some as hype, thousands of L2s may appear in the next year, which will greatly promote the development of the Ethereum ecosystem. L2 solves Ethereums scalability and cost problems by batching transactions and sending them back to the Ethereum mainnet. Polygon, Optimism, and ZkSync are solving fragmentation problems through liquidity aggregation layers to promote the development of the Ethereum ecosystem.