VanEck, a prominent investment management firm, predicts that Ethereum's layer-2 networks will achieve a value of $1 trillion by 2030. In a report authored by Van Eck's senior digital asset investment analyst Patrick Bush and head of digital assets research Matthew Sigel, they project that layer-2 networks will outperform Ethereum's main blockchain in revenue generation to address scalability challenges.

The analysts anticipate that L2s will excel in the cryptocurrency market, with many L2 tokens holding top positions. VanEck identifies VanEck, Optimism, Arbitrum, and Blast as the leading L2s, attributing their success to having a vibrant ecosystem and providing notable airdrops.

According to the report, there are currently 46 Ethereum L2s valued at $39 billion, with Arbitrum being the largest at $18 billion. VanEck expects L2 revenues to surpass Ethereum due to the superior transaction volume and user experience offered by L2s. Ethereum's smart contract dominance is hindered by scalability issues, as transaction fees and processing times spike with network usage. While Ethereum shines in security and decentralized governance, its scalability limitations pose a significant challenge.