Layer 2 Crypto | Which L2 Crypto will perform the best in 2025?

Layer 2 Crypto | Layer 2 Blockchain | Smart Contract

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Welcome to our Layer 2 Crypto Video!

What is Layer 2 Crypto?
Significance: As demand for onchain apps grows, Ethereum’s Layer 2 solutions are essential for maintaining a sustainable blockchain ecosystem, ensuring smooth user experiences, and broadening accessibility.
Context: There’s a lot of L2s in existence today and there’s alot that will be launching over the next few years. Today we’re going to take a look at one you might not have heard of before that you’re going to want to know about.

Benefits of Layer 2 Solutions
Enhanced Scalability: Capable of processing thousands of transactions per second (TPS), Layer 2 solutions significantly reduce congestion on Layer 1 blockchains, which is crucial for the blockchain ecosystem's growth.
Cost-Effectiveness: Lower transaction fees on Layer 2 platforms make it economical for users, especially those engaging in small or frequent transactions, enhancing access to blockchain services.
Speed of Transactions: Near-instant transaction confirmations improve user experiences with dApps, making them more appealing.

Abstract is the first L2 that’s built for consumers, and has mainstream adoption already. How does it have mainstream adoption if it hasn’t launched yet? Pudgy Penguins. Pudgy Penguins is the most well known NFT project and is currently getting millions of views per month on Instagram, Tiktok, and Giphy on it’s videos of the adorable penguin characters. The team behind Pudgy Penguins is a core contributor to Abstract, and they’re making Abstract so that anyone can use the chain, not just crypto native. Abstract is not just a chain, it’s a platform for fun. Anyone can visit the platforma and create a crypto wallet just by signing in with email or a passkey - just like any app mainstream users are used to. From there, Users can play games, make money, and interact with other people. All of the complexities of crypto are gone thanks to the new innovations that Abstract has been working on. For this reason, we are the most excited about Abstract, because it’s capable of onboarding billions of people and not just the existing crypto ecosystem


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⏰Timestamps⏰

00:00 intro
00:14 Project Summary
7:00 Project Outro