Base

#base

📊 Comparison of Total Value Locked (TVL) in Base Network vs. Other Ethereum Layer 2 Networks

Base, developed by Coinbase, has experienced significant growth in total value locked (TVL) since its launch in August 2023. Below is a comparison of Base’s TVL with other Ethereum Layer 2 networks:

TVL Growth of Base Network:

August 2023: Base had a TVL of approximately $147 million, ranking as the fifth-largest Ethereum Layer 2 network.

November 2024: TVL surged to $10.68 billion, making it the second-largest Layer 2 network on Ethereum.


Comparison with Other Layer 2 Networks:

Arbitrum One: Continues to hold the top position with a TVL of $18.3 billion.

Optimism: With a TVL of $5.5 billion, it ranks third after Base.

zkSync: Holds a TVL of $164 million, ranking further down the list.


These figures highlight the rapid and remarkable growth of the Base network compared to other Ethereum Layer 2 solutions.

https://warpcast.com/l2/0xde047dd4   @base 👇