Polygon Co-founder Sandeep Nailwal Ethereum 2.0 will only Increase Ethereum's Transaction speed from 15 tps to 20 tps.

Crypto's early stage status can be found in the incredible amount of capital being piled into the industry almost every week

Polygon recently raised 450 million dollars from various venture capital firms inside and outside of the crypto space as well as wealthy individual investors such as Kevin O'Leary in addition to further legitimizing polygon as a project it proves that there is a lot of demand for Ethereum scaling solutions even with Ethereum 2.0 around the corner.

According to polygon Co-founder Sandeep Nailwal Ethereum 2.0 will only increase Ethereum's transaction speed from 15 tps to 20 tps. Meaning layer 2s will be required until shard chains are introduced even then it's likely that Ethereum will continue to require layer 2s. Due to high demand another crypto project called Allio. Also recently raised 200 million dollars from various VCS what's interesting is that Allio's focus is privacy and privacy has recently been a contentious topic in crypto for regulatory reasons. Recent raises by other privacy-oriented crypto projects such as secret network suggest individuals and institutions are pushing for privacy which is certainly a good sign there's also been a push to improve developer tooling in cryptocurrency.

This is something Alchemy has been doing since 2017. Alchemy recently raised 200 million dollars bringing the company's total valuation to a staggering 10.2 billion dollars and the contents of its coffers to over 500 million this is about the same amount Animoka Brands is expected to raise in an upcoming funding round which would bring its valuation to a modest 5 billion.

Animoka brands is the company behind that project as well as a handful of other Metaverse worlds and play to earn games.