VanEck 預測以太坊 L2 估值將達到 1 兆美元，對代幣持謹慎態度，強調空投的重要性

著名金融實體 VanEck 預測以太坊第 2 層 (L2) 解決方案的估值將達到 1 兆美元，強調其因其可擴展性優勢而有超越以太坊的潛力。 VanEck 將 Optimism、Arbitrum 和 Blast 視為領先的 L2，並將它們的成功歸功於強大的生態系統和戰略空投。

VanEck Projects a $1 Trillion Valuation for Ethereum's Layer-2 Solutions, Cautiously Cautions on Tokens, Underscoring Airdrops' Critical Role

VanEck 預計以太坊第 2 層解決方案估值將達到 1 兆美元，並對代幣持謹慎態度，強調空投的關鍵作用

Global financial stalwart VanEck, headquartered in New York City, has unveiled profound insights into the burgeoning landscape of Ethereum's layer-2 (L2) solutions, predicting a staggering $1 trillion valuation for these transformative technologies. VanEck's optimistic prognosis stems from the immense potential of L2s to surpass Ethereum's capabilities, offering enhanced scalability and transaction throughput.

總部位於紐約市的全球金融巨頭 VanEck 公佈了對以太坊第 2 層 (L2) 解決方案新興前景的深刻見解，預測這些變革性技術的估值將達到驚人的 1 兆美元。 VanEck 的樂觀預測源自於 L2 超越以太坊功能的巨大潛力，提供增強的可擴展性和交易吞吐量。

L2 technologies, such as zero-knowledge roll-ups (ZKUs) and optimistic roll-ups (ORUs), are revolutionizing blockchain efficiency by processing transactions off the primary Ethereum blockchain. This innovative approach enables L2s to handle a significantly higher volume of transactions at reduced costs, potentially outpacing Ethereum in revenue generation.

L2 技術，例如零知識匯總 (ZKU) 和樂觀匯總 (ORU)，透過處理主以太坊區塊鏈上的交易，正在徹底改變區塊鏈效率。這種創新方法使 L2 能夠以更低的成本處理大量交易，在創造收入方面可能超過以太坊。

However, despite the bullish outlook for L2 solutions, VanEck adopts a cautious stance towards the majority of L2 tokens. The firm contends that these tokens lack widespread adoption as the primary currency within the cryptocurrency ecosystem, diminishing their potential for substantial appreciation.

然而，儘管 L2 解決方案的前景看好，VanEck 對大多數 L2 代幣採取了謹慎的立場。該公司認為，這些代幣作為加密貨幣生態系統中的主要貨幣缺乏廣泛採用，削弱了它們大幅升值的潛力。

Nevertheless, VanEck acknowledges the emergence of specialized roll-ups that target specific use cases, particularly within the realm of social media platforms. These niche L2s could garner significant traction and value due to their tailored functionalities.

儘管如此，VanEck 承認針對特定用例的專門匯總的出現，特別是在社群媒體平台領域。這些利基 L2 因其定制的功能而可以獲得巨大的吸引力和價值。

VanEck identifies Arbitrum, Blast, and Optimism as the frontrunners in the L2 arena, attributing their preeminent positions to their vibrant ecosystems and strategic airdrops. These L2s have successfully attracted users and developers, fostering a fertile environment for innovation and growth.

VanEck 將 Arbitrum、Blast 和 Optimism 視為 L2 領域的領跑者，並將其卓越地位歸功於其充滿活力的生態系統和戰略空投。這些 L2 成功吸引了用戶和開發人員，為創新和成長創造了肥沃的環境。

Airdrops Prove Pivotal in Ethereum L2 Success

空投被證明是以太坊 L2 成功的關鍵

VanEck highlights the crucial role that airdrops have played in the remarkable rise of Arbitrum, Blast, and Optimism. By distributing tokens to users and community members, these L2s have generated considerable interest and incentivized adoption. DefiLlama data corroborates this assertion, revealing Arbitrum's impressive ranking as the fifth-largest protocol by total value locked (TVL) with a staggering $3.18 billion. Blast and Optimism follow suit, securing sixth and eleventh places, respectively, further solidifying their dominance in the L2 space.

VanEck 強調了空投在 Arbitrum、Blast 和 Optimism 的顯著崛起中發揮的關鍵作用。透過向用戶和社群成員分發代幣，這些 L2 引起了相當大的興趣並激勵了採用。 DefiLlama 的數據證實了這一說法，顯示 Arbitrum 以鎖定總價值 (TVL) 排名第五，達到驚人的 31.8 億美元。 Blast 和 Optimism 緊隨其後，分別獲得第六和第十一名，進一步鞏固了他們在 L2 領域的主導地位。

VanEck's Multi-Dimensional Evaluation of L2 Success

VanEck 對 L2 成功的多維評估

VanEck employs a multifaceted approach to assess the success and potential of L2 solutions. Key metrics include transaction costs, user experience, trust assumptions, ecosystem size, and developer experience. These parameters provide a comprehensive gauge of L2 growth and adoption, allowing investors to make informed decisions.

VanEck 採用多方面的方法來評估 L2 解決方案的成功和潛力。關鍵指標包括交易成本、使用者體驗、信任假設、生態系統規模和開發人員體驗。這些參數提供了 L2 成長和採用的綜合衡量標準，使投資者能夠做出明智的決策。

Regulatory Constraints Impact Ethereum ETF Applications

監理限制影響以太坊 ETF 申請

The regulatory environment continues to cast a shadow over the cryptocurrency industry, with the SEC recently deferring its decision on VanEck's highly anticipated spot Ethereum ETF application. This delay, pushing the verdict timeline to May 23, 2024, underscores the cautious stance adopted by regulators. The SEC's apprehension reflects broader uncertainty surrounding Ethereum-based ETF applications, leaving market participants in a state of anticipation.

監管環境繼續為加密貨幣產業蒙上陰影，SEC 最近推遲了對 VanEck 備受期待的以太坊 ETF 現貨申請的決定。這項延遲將判決時間延後至 2024 年 5 月 23 日，凸顯了監管機構採取的謹慎立場。美國證券交易委員會的擔憂反映了圍繞基於以太坊的 ETF 申請的更廣泛的不確定性，使市場參與者處於期待狀態。

Vitalik Buterin Explores the Realm of Layer-3 Solutions

Vitalik Buterin 探索第三層解決方案領域

Ethereum co-founder Vitalik Buterin has reignited the discussion on layer-3 (L3) solutions, emphasizing the criticality of distinct purposes for each layer within the blockchain ecosystem. Buterin contends that a layered approach only achieves optimal results when each layer fulfills a unique function, fostering efficiency and innovation.

以太坊聯合創始人 Vitalik Buterin 重新引發了對第 3 層 (L3) 解決方案的討論，強調區塊鏈生態系統中每一層不同目的的重要性。 Buterin 認為，只有當每一層都履行獨特的功能、促進效率和創新時，分層方法才能實現最佳結果。

Conclusion: L2 Solutions Poised for Exponential Growth

結論：L2 解決方案有望呈指數級增長

VanEck projects a bright future for Ethereum's L2 solutions, predicting a $1 trillion valuation. While the firm cautions against investing in the majority of L2 tokens, it acknowledges the potential of niche roll-ups in targeting specific applications. Arbitrum, Blast, and Optimism stand out as industry leaders, leveraging vibrant ecosystems and strategic airdrops to drive widespread adoption. Despite regulatory headwinds and the looming presence of L3 solutions, L2s remain poised for explosive growth, offering transformative potential for the blockchain landscape.

VanEck 為以太坊 L2 解決方案預測了光明的未來，預計估值將達到 1 兆美元。雖然該公司警告不要投資大多數 L2 代幣，但它承認利基匯總在針對特定應用程式方面的潛力。 Arbitrum、Blast 和 Optimism 脫穎而出，成為產業領導者，利用充滿活力的生態系統和策略性空投來推動廣泛採用。儘管存在監管阻力和 L3 解決方案的出現，L2 仍有望實現爆炸性成長，為區塊鏈領域提供變革潛力。