以太坊 Layer 2 扩展解决方案预计到 2028 年将达到 1 万亿美元的市值

以太坊的第 2 层扩展解决方案预计将在六年内达到 1 万亿美元的市值，这得益于其解决以太坊可扩展性限制的能力。这些解决方案有望带来巨大的收入机会，分析师预测未来 18 个月内 L2 代币的总市值可能从 400 亿美元增加到 1000 亿美元。然而，众多L2项目之间的激烈竞争引发了人们对L2相关代币长期价值的担忧。

Ethereum's Layer 2 Scaling Solutions Poised for $1 Trillion Market Cap by 2028

以太坊的第 2 层扩展解决方案预计到 2028 年市值将达到 1 万亿美元

Introduction

介绍

The limitations of the Ethereum blockchain in terms of transaction processing, data storage, and computation have been well-documented. Layer 2 (L2) scaling solutions have emerged as potential remedies to these constraints, offering enhanced transaction throughput and user experience. A recent analysis by Van Eck, a leading investment management firm, projects that Ethereum's L2 solutions could reach a market capitalization of $1 trillion within the next six years.

以太坊区块链在交易处理、数据存储和计算方面的局限性已得到充分证明。第 2 层 (L2) 扩展解决方案已成为解决这些限制的潜在补救措施，可提供增强的交易吞吐量和用户体验。领先的投资管理公司 Van Eck 最近的一项分析预测，以太坊的 L2 解决方案的市值可能在未来六年内达到 1 万亿美元。

Addressing Ethereum's Scalability Challenges

解决以太坊的可扩展性挑战

Ethereum's scalability limitations stem from its inherent design, which prioritizes security and decentralization. However, this design choice has constrained the network's capacity to handle the increasing volume of transactions. L2 blockchains, which operate on top of the Ethereum base layer, provide a means to overcome these limitations without compromising the underlying principles of the network.

以太坊的可扩展性限制源于其固有的设计，它优先考虑安全性和去中心化。然而，这种设计选择限制了网络处理不断增加的交易量的能力。 L2 区块链在以太坊基础层之上运行，提供了一种在不损害网络基本原理的情况下克服这些限制的方法。

Optimistic Roll-Ups and Zero-Knowledge Roll-Ups

乐观汇总和零知识汇总

Van Eck's analysis highlights the critical role of Optimistic Roll-Ups (ORUs) and Zero-Knowledge Roll-Ups (ZKUs) in addressing Ethereum's scalability challenges. ORUs assume that transactions are valid until proven otherwise, while ZKUs employ cryptographic techniques to prove the validity of transactions without revealing underlying data. Both technologies significantly increase the blockchain's capacity to process transactions.

Van Eck 的分析强调了乐观汇总（ORU）和零知识汇总（ZKU）在解决以太坊可扩展性挑战方面的关键作用。 ORU 假设交易有效，除非另有证明，而 ZKU 采用加密技术来证明交易的有效性，而不泄露底层数据。这两种技术都显着提高了区块链处理交易的能力。

EIP-4844: Blob Space and Reduced Data Posting Costs

EIP-4844：Blob 空间和降低的数据发布成本

The upcoming EIP-4844 upgrade to the Ethereum protocol will introduce "Blob Space," a designated area for storing large data blobs. This upgrade is expected to dramatically reduce data posting costs, further benefiting L2 operations financially.

即将推出的以太坊协议 EIP-4844 升级将引入“Blob 空间”，这是一个用于存储大型数据 blob 的指定区域。此次升级预计将大幅降低数据发布成本，进一步为 L2 运营带来经济效益。

Intense Competition and Long-Term Token Value

激烈的竞争和长期的代币价值

Despite the positive market outlook for L2 solutions, Van Eck's analysts express caution regarding the long-term value of L2-related tokens. They anticipate intense competition among numerous projects, with a market likely dominated by a few general-purpose L2 networks and a plethora of use case-specific networks. This proliferation of networks may hinder the price appreciation potential of individual L2 tokens.

尽管 L2 解决方案的市场前景乐观，但 Van Eck 的分析师对 L2 相关代币的长期价值表示谨慎。他们预计众多项目之间的竞争将非常激烈，市场可能由少数通用 L2 网络和大量特定用例网络主导。网络的扩散可能会阻碍单个 L2 代币的价格升值潜力。

Growing Market Share and Total Value Locked

市场份额和锁定总价值不断增长

The report predicts that by 2030, L2 protocols will capture a significant portion of transaction value and Total Value Locked (TVL) within the Ethereum ecosystem. This growth is attributed to the potential for Maximal Extractable Value (MEV) to augment L2 revenues and the competitive advantages that L2 platforms may offer in specific market segments.

该报告预测，到 2030 年，L2 协议将占据以太坊生态系统内交易价值和总锁定价值 (TVL) 的很大一部分。这种增长归因于最大可提取价值 (MEV) 增加 L2 收入的潜力以及 L2 平台在特定细分市场中可能提供的竞争优势。

Shift Towards Zero-Knowledge Frameworks

向零知识框架转变

The development of L2 solutions is undergoing a significant shift towards zero-knowledge frameworks (ZKUs). ZKUs offer improved efficiency, scalability, and privacy, making them an increasingly attractive choice for L2 developers.

L2 解决方案的开发正在经历向零知识框架 (ZKU) 的重大转变。 ZKU 提供了更高的效率、可扩展性和隐私性，使其成为对 L2 开发人员越来越有吸引力的选择。

Emergence of Use Case-Specific Roll-Ups

特定用例汇总的出现

Beyond general-purpose L2s, Van Eck's analysis anticipates the emergence of numerous use-case-specific Layer-2 roll-ups. This expansion signals the potential for blockchain technology to permeate industries beyond finance, including gaming, social media, and infrastructure.

除了通用 L2 之外，Van Eck 的分析还预计会出现大量特定于用例的第 2 层汇总。这种扩张标志着区块链技术有可能渗透到金融以外的行业，包括游戏、社交媒体和基础设施。

Conclusion

结论

Ethereum's Layer 2 scaling solutions are poised to play a transformative role in the future of the Ethereum blockchain. By addressing the network's scalability constraints, L2s will enhance transaction throughput, improve user experience, and unlock substantial revenue potential. However, investors should be aware of the inherent competition in the L2 market and the challenges associated with predicting the long-term value of individual L2-related tokens.

以太坊的第 2 层扩展解决方案有望在以太坊区块链的未来中发挥变革性作用。通过解决网络的可扩展性限制，L2 将提高交易吞吐量、改善用户体验并释放巨大的收入潜力。然而，投资者应该意识到 L2 市场固有的竞争以及预测单个 L2 相关代币的长期价值所面临的挑战。