CandleFocus Top Ethereum Layer 2 Projects by Total Value Locked: ARB, BASE, OP & More
2024-09-27
Author: Content Editor
The total value of assets locked in Ethereum Layer 2 solutions is nearly $38 billion, according to data from L2BEAT. The top Layer 2 project is Arbitrum, with a TVL of $14.3 billion and a market capitalization of $6.21 billion. Base, a decentralized application platform developed by Coinbase, is the second-largest with a TVL of $7.02 billion. Optimism follows closely with $6.46 billion TVL. Other notable Layer 2 projects include Blast, Mantle, Scroll, ZK, Linea, Starknet, and Manta Network. The growing TVL on these platforms showcases their importance in increasing Ethereum's scalability and transaction speed.
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