The Sandbox is also building its own Layer 2 this time, which indeed shows that everyone wants a piece of the pie. But to be honest, is the L2 ecosystem already a bit oversaturated now?

From leading L2s like Arbitrum and Optimism to various vertical public chains pushing layer 2 scaling solutions, and now with projects building their own L2s, there are already too many chains out in the market. Is this fragmentation really building a multi-chain ecosystem, or is it dispersing liquidity?

It is worth reflecting on how much incremental space L2 has left and whether everyone will ultimately be competing for a limited user pool.