Don’t believe the noise: There can never be too many L2s
The Ethereum layer 2 (L2) landscape is rapidly expanding, with a new solution launched approximately every 19 days. Critics argue that this proliferation leads to fragmentation, but the current number of chains is considered insufficient for future needs. The rise of L2s is viewed as an essential infrastructure expansion driven by enterprises like banks and logistics firms, which require custom solutions that public blockchains cannot provide. Modular stacks and advancements in zero-knowledge proof technology are making it easier for businesses to create dedicated chains. Concerns about user experience and liquidity fragmentation are seen as short-sighted, as interoperability solutions are being developed. Specialized L2s will cater to diverse industries and use cases, suggesting a future with numerous chains rather than consolidation into a single dominant platform.
