Layer 2 technology works as a secondary framework built on top of an existing blockchain. Its platform and protocol process data in a way that decreases the congestion on the base layer. The market opportunity for these new L2 providers is huge and in recent times, it has been observed that these providers are getting a lot of traction as more DeFi and NFT-based applications are shifting to L2 networks.
To know more about Layer 2 infrastructure, access our TradeDog Sectoral Watch wherein you will find detailed information and analytical aspects including
- Report Introduction
- About L2 Technology
- Leading projects in the sector
- Token Performance
- Fundraising Records
- Analyst’s Remark