Why are Layer 2 solutions critical for blockchain adoption?|Investment Forum|Forum on Investments and Cryptocurrency.|Allcryptoanswers

Layer 2 solutions are very important when it comes to blockchain adoption. The scalability, cost, and speed limitations of Layer 1 blockchains are addressed.

Further, Layer 1 blockchains are capable of processing few transactions per second while Layer 2 solutions processes bigger number of transactions off-chain. This reduces the load on the main blockchain.