@tomisabel
Layer 2 solutions are transforming the cryptocurrency market by addressing scalability and transaction speed issues on popular blockchains like Ethereum. These solutions, such as Optimistic Rollups and zk-Rollups, process transactions off-chain and then settle them on the main blockchain, reducing congestion and fees. By improving transaction throughput and efficiency, Layer 2 enables faster and more affordable decentralized applications (dApps) and DeFi services. As adoption grows, Layer 2 could significantly increase blockchain usability, attracting more users and businesses, ultimately driving wider mainstream adoption and enhancing the overall market ecosystem.
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