Blockchain scalability challenges have led to the rise of Layer-2 (L2) solutions, aiming to enhance transaction speed and reduce costs. In a recent X post, prominent crypto influencer Lady of Crypto expressed her bullish outlook for L2 chains, predicting massive returns in 2024.
Layer 2's are going to print huge returns in 2024. It's one of the sectors I am most bullish on for this bull run 🚀
— Lady of Crypto (@LadyofCrypto1) December 11, 2023
So let's take a look at my top five L2s for the coming run 👇
1/15
Linea, a zkEVM L2 solution developed by Consensys, the creators of Metamask, has caught the attention of Lady of Crypto. According to her, with partnerships with major traditional finance players such as Visa, Mastercard, and Paypal, Linea is poised for mass adoption. The influencer believes it has the potential to become the leading L2 platform, leveraging Metamask’s extensive user base of 100 million and 17,000 connected dApps.
Lady of Crypto highlighted Base, Coinbase’s L2 solution, citing the exchange’s strong ties to newbie crypto users as a key advantage. Base has witnessed significant growth, achieving 1.88 million transactions in a single day on September 14, surpassing the combined transaction volume of Arbitrum and Optimism. While no official Base token or airdrop has been confirmed, she remains optimistic, regularly bridging to Base in anticipation.
Expressing continued enthusiasm for Arbitrum, Lady of Crypto emphasized its status as an Optimistic Rollup Layer that has witnessed substantial growth. As a home for decentralized finance (DeFi) projects and one of the fastest-growing chains in crypto, Arbitrum holds a significant position in the L2 competition. At the time of posting, Arbitrum ranks fourth with a current Total Value Locked (TVL) of $2.4 billion.
Manta, a ZK L2 solution, distinguishes itself by storing transaction data on the L1 Celestia instead of on Ethereum, resulting in improved speed and scalability. Lady of Crypto notes Manta’s rapid user acquisition and anticipates an upcoming airdrop. While the initial airdrop is confirmed for specific activities involving Celestia’s native token, TIA, she speculates on a larger campaign, actively bridging ETH to Manta.
Lady of Crypto concluded her top picks with Immutable X, a blockchain solution tailored for gaming. Anticipating significant growth in the crypto gaming sector in 2024, she believes Immutable X, with zero gas fees, zk rollups, and high TPS, could become a primary choice for Web3 game developers.
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