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.

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------ 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

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Why We're Bullish L2s 51:05 Share

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Shownotes Transcript

Why We're Bullish L2s