The widespread adoption of Ethereum Layer 2 (L2) solutions like Arbitrum and Optimism could bolster ETH’s long-term price. L2s reduce transaction costs and mainnet congestion, boosting scalability and attracting DeFi, NFT, and gaming users, as seen with L2s handling 80% of Ethereum’s volume. This enhances Ethereum’s utility, potentially driving ETH demand as staking and gas payments persist. However, lower mainnet fees might reduce ETH burn rates, per EIP-1559, tempering deflationary pressure. X posts suggest optimism for $5,000+ targets if adoption grows, but competition from L1 rivals like Solana could cap gains.