Navigating the Expanding Rollup Landscape | Roundup

Bullish:

• $LAYERONE - Bullish on Layer 1 chains, particularly Bitcoin and Ethereum, based on consistent historical price patterns over 4-year cycles.

  • “I'm still long the l one trade, personally. Like, I just even I don't know. I think how long is that gonna keep working as long as Bitcoin and Ethereum probably keep going up on a somewhat consistent 4 year basis?”

    Mike·3:02
• $ARB - Arbitrum has emerged as a leading Layer 2 solution, having succeeded in the initial phase of L2 competition.

  • “I think we can say, like, pretty definitively now that, you know, among those 2, like, arbitrium and optimism have have definitely, like, kind of won out. Right? Like, not won necessarily for the long term, but they won at least this first stage.”

    Myles·0:00
• $LAYERTWO - Bullish on the Layer 2 ecosystem, particularly emphasizing the importance of distribution and established players like Coinbase in achieving success.

  • “Distribution, I think it's all like, that is definitely, like, the winning access, but, like, I I I think it's it's not super obvious how you differentiate on distribution outside of, hey. I'm Coinbase. I have a company I built with a massive user base.”

    Myles·45:05

Bearish:

• $L2TOL1 - Bearish on the idea of Layer 2 protocols transitioning to Layer 1, citing better economics for remaining as L2s and lack of benefits in becoming L1s.

  • “I don't think they will. I think I just think the economics are actually much, much, much better to be an L2. And yeah, I just I'm not sure the benefits will ever outweigh like the, the costs.”

    Myles·56:02