Mantle’s Tim Chen Explains Why Layer 2 Ecosystems Are Critical Despite Retail Hesitation
Tim Chen, Global Head of Strategy at Mantle (CRYPTO: MNT), addressed retail investors’ concerns about fragmented liquidity and gas fee confusion in Layer 2 (L2) ecosystems, emphasizing their growing importance.
In an interview with Benzinga, Chen likened L2s to retailers serving niche markets, arguing they are vital for scaling Ethereum‘s (CRYPTO: ETH) capabilities but must find meaningful product-market fit to overcome current challenges.
“Think of it as like if Ethereum were wholesalers,” said Chen. “You need retailers to go into every nook and cranny, serve every niche.” But he cautioned, “The infighting happens when there is not enough activity… when the L2s have no product-market fit.”
He acknowledged that infighting among L2s stems from insufficient activity and lack …
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