Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»VanEck is targeting a market capitalization of $1 trillion with ETH stagnating.
ETHEREUM NEWS

VanEck is targeting a market capitalization of $1 trillion with ETH stagnating.

By Crypto FlexsApril 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
VanEck is targeting a market capitalization of  trillion with ETH stagnating.
Share
Facebook Twitter LinkedIn Pinterest Email

Banking giant VanEck has put the value of its Ethereum layer-2 (L2) solution at a bold valuation of $1 trillion. predictionWe emphasize that improved efficiency and scalability play an important role in the development of blockchain technology.

Ethereum Layer 2 is expected to see a significant increase in valuation.

According to VanEck researchers, Ethereum Layer 2 Expanding networks are expected to soar to the aforementioned market value by 2030. Patrick Bush, VanEck’s senior investment analyst, and Matthew Sigel, head of digital research, led the comprehensive forecast.

Specifically, bold predictions were made as we evaluated Ethereum Layer 2 in five important areas: This includes layer 2 transaction pricing, developer experience, user experience, trust assumptions, and L2 ecosystem size. It was also created by first evaluating the asset size of the Ethereum ecosystem and then predicting it. ETH It will account for approximately 60% of the public blockchain market share.

It is worth noting that Layer 2 solves the scalability problem by managing most transactions on the main blockchain. In this case, zero-knowledge rollup (ZKU) and optimistic rollup (ORU) are the two main forms of layer 2 networks.

Given the transaction processing limitations of the main blockchain, these L2 technologies can generate more funds than Ethereum as they address scalability by processing transactions outside of the main network.

As the researchers say, in the future there will be several general-purpose L2 controls, but there will also be numerous rollups tailored to specific use cases, making it possible to host social media networks on a variety of rollups.

The contents of the report are as follows:

Beyond the dominance of a few rollups among general-purpose L2s, we expect there to be thousands of use-case-specific rollups in the future. These L2s are categorized by sector, application, or function. Other types of chains may be geared specifically toward hosting entire segments, such as rollups that host social media networks and applications that seek to build products and services for those social media networks.

This prediction is Van Eck It mainly points to the possibility that L2 solutions will perform better in terms of value than Ethereum over the next six years. The report also claims that layer 2 blockchains will benefit from Ethereum’s limited processing power and data storage and computation capabilities.

ETH price experiences bearish activity

today, Ethereum price It is on a downward trend after once again failing to surpass the $4,000 mark. Although the market is currently in a downward trend, a positive rebound is expected soon.

Compared to other notable coins in the cryptocurrency market such as Bitcoin, ETH has underperformed over the past month. As a result, there has been speculation within the cryptocurrency community that further declines are imminent.

ETH has fallen more than 10% since March after surging to $4,091 ahead of the Dencun upgrade. At press time, Ethereum was trading at $3,343, up 1% over the past day.

Its current market cap is $401.42 billion, up 1% in the last 24 hours. However, daily trading volume plummeted by more than 30% to $13.5 billion.

ETH trading at $3,344 on 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The FTX distributes bankruptcy $ 1.6 billion this month.

September 20, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story

September 23, 2025

Buying NFT is like buying a Mickey Mouse T -shirt and an IP.

September 23, 2025

ETH-Based Little Pepe Raises $26M In Presale

September 23, 2025

Seoul Exchange, One Of Only Two Licensed Platforms For Unlisted Securities, Will Exclusively Use Story To Settle Tokenized RWAs

September 22, 2025

Bitcoin And Dogecoin Are Trending. Use TALL Miner To Earn A Steady $8,750 Per Day And Double Your Wealth.

September 22, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

September 22, 2025

CryptoLists.com Recognised As “Crypto Affiliate Of The Year” At SBC’s Affiliate Leaders Awards 2025

September 22, 2025

BitMine Immersion (BMNR) Announces Pricing Of $365.24MM Registered Direct Offering At $70 Per Share

September 22, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025
Most Popular

The Web3 infrastructure altcoin surged more than 120% this week following the release of a new ‘vision paper’.

December 2, 2023

The world’s largest encryption exchange binary by trading volume transactions adds support for the global Liberty finance stability connected.

May 22, 2025

Solana Foundation Paves the Way for New TradFi Application

January 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.