Why We're Bullish L2s

Are L2 tokens worthless governance coins? Will they accrue value? Are L2 tokens bullish? Ryan and David dive into the details in this week’s episode of Bankless Takes. 

-----
🏹 USE PODCAST24 FOR 10% OFF
https://bankless.cc/Citizen2024 

------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠https://k.xyz/bankless-pod-q2     ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 

⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  

🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo  

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku 

------
TIMESTAMPS & RESOURCES

0:00 Intro
3:03 L2s Numbers
https://www.growthepie.xyz/fundamentals/daily-active-addresses 
https://l2beat.com/scaling/summary 
https://defillama.com/chains 
16:55 Tokens Worthless?
https://x.com/RyanSAdams/status/1745919415604883725 
32:30 P/E Ratios
36:05 Token Valuations
38:40 Alt-L1 Bull Case 
44:40 Summarizing 
47:00 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠