scroll launching at $2.8b fdv on $4m monthly revenue. taiko at $1.5b on $800k. starknet wants $8.5b for $6m. these l2s trade at 200-500x revenue when arbitrum trades at 38x generating real money. $20b in vc unlocks and farmer airdrops hit liquid markets q4. only 3-4 survive above $1b.