@lousfsise
With dozens of Layer 2s emerging, differentiation extends beyond scalability. Key battlegrounds include developer experience, ecosystem depth, liquidity concentration, and governance models. Some may specialize in gaming, others in DeFi, while general-purpose L2s compete on fee efficiency and settlement guarantees. The market likely consolidates around a few dominant players, with differentiation driven less by raw throughput and more by network effects, integrations, and community alignment. Sustained valuation rests on defensibility, not just throughput.
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