#As data from L2Beat shows, there are currently 44 active Ethereum Layer 2 networks with a cumulative Total Value Locked (TVL) of around $36 billion.
According to Manta COO Kenny Li, “only a few” of these Ethereum scaling protocols will survive the next five years, as he emphasized in an interview.
Only blockchains with a “modular” approach, such as Celesita, Cosmos or Manta, meet the requirements for a successful future, it continues.
Modular blockchains are networks that export their core tasks (execution, settlement, consensus and data availability) to external blockchains. This offers greater design flexibility, but also introduces security risks.
Manta leverages the Optimism and Celestia OP stack for data availability. In terms of TVL, Manta is the fourth largest Layer 2, after Arbitrum, Optimism and the recently launched Blast.
