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Bankless
Ethereum Layer Twos' Growing Profitability and Increased Activity
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The cost reduction in layer twos' data storage is benefiting Ethereum layer twos by making transactions cheaper and faster, which will lead to a significant increase in total activity on Ethereum layer twos. This decrease in costs will make major layer twos like Arbitrum and Optimism more profitable as their costs reduce while their total volume increases. The transaction fees are predicted to drop significantly for a short period, but then stabilize at current levels, with a significant increase in total activity. Moreover, layer twos are getting close to free transactions or massively reduced transactions, benefiting from a substantial increase in net new bandwidth, leading to a fourfold increase in their capabilities, ultimately leading to more economic value creation.
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