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As one of the main narratives for 2023-2024, the story of Layer 2 (L2) is far from over, whether viewed from the perspective of the market, venture capital (VC), or project teams.
However, the market doesn’t need so many L2s. For instance, L2s like Arbitrum (ARB), Optimism (OP), zkSync (ZK), StarkNet (STRK), and Linea, which come from prominent backgrounds, are expected to perform well at the right time.
Although L2s have a large fully diluted valuation (FDV), their circulating market cap is relatively low. While these tokens may not hold long-term value, holding them through this bull market should not be an issue.
So, I will continue holding L2 tokens until the bull market arrives. Let's be holders together! 0 reply
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