ETF Issuer VanEck Analysis: Ethereum L2 to Attain $1 Trillion Market Cap by 2030 – Who Will Emerge Victorious?

VanEck’s prediction is not based on imagination, but on hypothetical analysis and calculations. VanEck states that it expects future cash flows based on a terminal multiple of 25 times the free cash flow (FCF) of Layer 2 (L2), and assumes that L2 will occupy 60% of the market share in the Ethereum smart contract ecosystem. Considering the current market value of L2 at $33.3 billion, it will be a significant growth.