Analyst Ryan Berckmans said that despite the bearish market, the Ethereum second-layer expansion ecosystem is growing rapidly. Berckmans pointed out that the L2 protocol and the EVM expansion platform are rapidly gaining popularity, with
Coinbase, Worldcoin, and Immutable X all launching EVM L2. He predicted that the transaction throughput of L2 will exceed 100 times that of Solana within the next five years. Currently, the total lock-in value of all L2 protocols is $42.86 billion, which has remained stable since March despite the crypto market decline.