Token

Polygon

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ethereums-layer-2-altcoins-set-for-major-growth-analyst-predicts" rel="noopener noreferrer nofollow">Ethereum’s Layer-2 Altcoins Set for Major Growth, Analyst Predicts</a><br></p>
<p style="text-align: justify">Crypto analyst Guy Turner, who runs a popular YouTube channel dedicated to cryptocurrency insights, has recently predicted a substantial upswing in <a href="https://en.bitcoinhaber.net/blackrocks-approval-of-ethereum-spot-etf-could-boost-price-analyst-predicts" rel="noopener noreferrer nofollow">Ethereum</a>‘s Layer-2 projects, bolstered by the forthcoming Dencun update. He pinpointed various altcoins that are likely to experience growth in the wake of Ethereum’s enhancements.</p>
<h2 id="ethereum-s-layer-2-ecosystem-prepares-for-major-leap">Ethereum’s Layer-2 Ecosystem Prepares for Major Leap</h2>
<p style="text-align: justify">Turner anticipates a significant surge in Layer-2 projects due to the Dencun update scheduled for Ethereum’s network in March. This update is designed to decrease transaction costs and improve data accessibility, which are expected to be a boon for Ethereum’s Layer-2 infrastructure.</p>
<p style="text-align: justify">Arbitrum (ARB), a Layer-2 solution, is among the top picks by Turner. With the token recently achieving a new high and the Dencun update poised to enhance transaction efficiency while reducing costs, he sees a clear pathway for Arbitrum’s continued ascent. This Layer-2 solution may attract a larger user base seeking a more cost-effective way to engage with the Ethereum network.</p>
<p style="text-align: justify">The analyst is also bullish on Optimism (OP), which strives to forge a ‘superchain’ ecosystem by fostering cooperation between different Layer-2 solutions. The notable partnership with Coinbase’s Layer-2 project, Base, signals potential rapid growth post-Dencun update. Furthermore, Immutable X (IMX) stands poised for expansion in the GameFi arena, as Turner predicts increased network efficiency will spur game development on the blockchain.</p>
<h2 id="polygon-s-native-token-matic-awaits-a-boost">Polygon’s Native Token MATIC Awaits a Boost</h2>
<p style="text-align: justify">Another candidate for substantial growth is Polygon’s MATIC, especially in light of the impending Polygon 2.0 network upgrade. Despite previous declines from its peak, MATIC is forecasted to witness a change in its trajectory, catalyzed by the developments in both the Dencun and Polygon 2.0 upgrades.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/ethereums-layer-2-altcoins-set-for-major-growth-analyst-predicts" rel="noopener noreferrer nofollow">Ethereum’s Layer-2 Altcoins Set for Major Growth, Analyst Predicts</a></h5>

Ethereum’s Layer-2 Altcoins Set for Major Growth, Analyst Predicts

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