VanEck predicts Ethereum layer 2 (L2) networks could be valued at over $1 trillion by 2023...
Arbitrum is currently the biggest ecosystem with over $18 billion in locked tokens...
VanEck analysts estimate that Ethereum will eventually capture 60% of the market share...
L2s are secondary networks built on top of a main blockchain, like Ethereum, to aid in scalability and speed.
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