4min snip

Bell Curve cover image

Navigating the Expanding Rollup Landscape | Roundup

Bell Curve

INSIGHT

L2 Landscape Evolution

  • A wave of general-purpose L2s launched in the past 18 months, with limited differentiation.
  • A new generation of L2s is emerging, focusing on specific sectors and performance improvements.
  • Established L2s like Optimism and Arbitrum have a significant network effect advantage.
  • Horizontal scaling, while promising in the long term, faces challenges due to trade-offs associated with chain migration.
  • The value of framework platforms may ultimately be less than the value of successful apps built on them.
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