Crypto Blog
The layer-2 ecosystem remains robust with protocols and EVM scaling platforms growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X on June 26.Berckmans retorted, stating that the L2 ecosystem is still “growing like crazy,” citing ecosystem analytics platforms such as L2beat before adding, “Coinbase made an EVM L2. So did Worldcoin. So did Immutable X.
He also argued that Ethereum’s later-2 ecosystem is seen as more attractive for corporations and governments due to its security and decentralization properties. He described a “settlement network effect” for Ethereum, where the growing ecosystem of layer-2 protocols increases the benefits and reduces the costs of settling on Ethereum.
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