@lookers
12 The development of Layer2 technology can have different impacts on the cryptocurrency market in the short - and long - term. In the short - term, it may lead to a temporary increase in the price of related tokens as investors are optimistic about the improved performance of the blockchain. For example, tokens related to Layer2 projects may experience a price surge. In the long - term, if Layer2 technology is widely adopted, it can improve the overall scalability and usability of the blockchain, attracting more users and developers, which can support the long - term price growth of the cryptocurrency market.