DeFi

Gm frens

What are y’all thoughts on L2s atm?

I feel like the top ones are a bit under valued. Basically all of them are worth low single digit billions or less, despite having pretty strong network effects.

Meanwhile BNB is sitting at a $90B valuation with a fraction of the activity of Eth L2s.

I think L2s will have their time and doing pretty good atm with impressive TVLs. I personally like ZK for their amazing tech but it received a lot of hate recently from farmoors so I guess it would take some time for them to recover out of it lol