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Home»Blockchain»Ethereum L2 Networks’ TVL drops to $ 43.29 billion as arbitrum and basic leader
Blockchain

Ethereum L2 Networks’ TVL drops to $ 43.29 billion as arbitrum and basic leader

2025-02-04No Comments3 Mins Read
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The TVL in Ethereum L2 networks has reached $ 43.29 billion, although a decrease of 3.52% in the past week. That is according to the latest data that is shared by OKX Ventures today.

Despite this short term, Ethereum L2 solutions continue to see growth. These spans indicate the increasing significance of these solutions for the scalability of Ethereum by reducing the congestion, waiting times and transaction costs on the head of blockchain.

Ethereum Layer2 Ecosystem update: Market trends and insights

According to @l2beat, the total value (TVL) on Ethereum Layer2 Networks is $ 43.29 billion, which reflects a decrease of 3.52% in the last 7 days. Despite this short-term downturn, Layer2-solutions … pic.twitter.com/dwvoquaabz remain

– OKX Ventures (@okx_ventures) February 1, 2025

5 Best Performing L2 Networks

The data spot arbitrum as the best performing L2 solution, with a TVL of $ 16.29 billion. Although the Rollup maintained its dominance, the TVL witnessed a small decrease of 2.63% in the past week.

BASE secured the second position when his TVL $ reached 13.96 billion, which represented an increase of 0.09% in the last seven days.

On MAINNET, third after it had recorded a TVL worth $ 6.41 billion, which reflected a decrease of 5.69% in the same period. The total locked value saw the largest weekly decrease in the leading five L2 networks.

ZKSYNC ERA took fourth position after the TVL rose to $ 1.16 billion, an increase of 3.82% compared to the same duration. With this increase in ZKSYNC, the TVSync TVSNC has had the biggest weekly win in the top five L2 solutions.

See also  Bitcoin ETF outflows indicate the shifting of sentiment: Is Ethereum set to win?

Finally, Blast settled in fifth position after it had registered a TVL of $ 0.878 billion last week, although a decrease of 3.28%.

Layer-2 solutions that feed the mass acceptance

According to the data, the current Layer-2 landscape is more segmented. Low-2 segmentation is an important thing, because it not only makes improved performance possible through reduced temporary transactions, but also improves security by splitting network segments. If security vulnerability takes place, the effect is limited to a single segment, reducing the risk for the entire network.

The progress of Rollup technology and the development of modular blockchain architectures also lead to more healthy competition in the Layer 2 -Ecosystem.

Because various Layer-2 solutions compete for supremacy, they present their extraordinary qualities. As a result, they focus on promoting interoperability with existing systems, expanding scalability and broadening different functionalities.

Because they compete to offer the most user-friendly, safe and efficient platform, they commit themselves to improving blockchain-use cases, increasing broader acceptance.



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Arbitrum Basic Billion Drops Ethereum Leader Networks TVL
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