Ethereum

Ethereum Layer 2 Networks See Significant Increase In Total Value Locked
According to PANews, the total value locked (TVL) in Ethereum Layer 2 networks has reached $38.87 billion, marking an 8.26% increase over the past seven days. The data, sourced from L2BEAT, highlights notable growth across several Layer 2 solutions.

Layer 2 scalability solutions like Ethereum's are gaining traction as the total value locked continues to rise. This growth showcases increasing confidence in Layer 2 networks to address Ethereum's scalability challenges effectively.