The host of the Coin Bureau channel Man Turner is expressing bullish sentiment on Ethereum (ETH) layer-3 scaling options.
Turner tells the two.46 million subscribers of the Coin Bureau YouTube channel that the native tokens of layer-3s (the scaling options constructed atop layer-2s) have huge upside potential going ahead.
“The factor is layer-3s are additionally tremendous environment friendly, making them excellent for issues like gaming, decentralized finance (DeFi) and far rather more in addition to. As such, layer-3 chains and the cryptos launching on them have some severe 100x potential.”
Amongst Turner’s prime layer-3 picks embody Degen Base (DEGEN) which is constructed on the Base layer-2 undertaking, an Ethereum scaling answer backed by Coinbase crypto change, and Xai (XAI).
Says Turner,
“Not surprisingly its native Degen [chain] token was initially launched as a meme coin but additionally goals to reward engagement on its channel on Farcaster, a kind of decentralized model of Twitter. Since then Degen has garnered the eye of builders, content material creators and fans alike…
One other layer-3 is Xai, a gaming-focused undertaking that’s constructed on Arbitrum.”
DEGEN is buying and selling at $0.0355 at time of writing whereas XAI is altering fingers at $1.02.
Subsequent up is Orbs (ORBS).
“Now Orbs is a layer-3 that’s really sandwiched between the layer-1 and the layer-2s serving as a decentralized backend to reinforce EVM (Ethereum Digital Machine) and non-EVM appropriate sensible contracts to help issues like web3, DeFi, NFTs (non-fungible tokens) and GameFi (gaming and DeFi).”
ORBS is buying and selling at $0.0431 at time of writing.
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