The L2 landscape has changed quite a lot since 2024.
zk-based L2s have not seen adoption yet.
It seems distribution is all that matters, and Base is the clear winner there.
Also, in terms of price, app-specific L2s like Zora, Mantle, and Epic are clearly outperforming.
Optimism has been performing poorly both in terms of price and mindshare, despite its strong fundamentals and adoptions. It seems overall that tokens that operate B2B businesses don't generally perform well ($LINK, etc.).
Finally, non-EVM L2s are still in their infancy (or irrelevant).
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