The Block (@TheBlockCo): THE BLOCK: Total value locked in Ethereum Layer 2 networks has slid back to roughly $5 billion, a level last seen in 2023.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
THE BLOCK: Total value locked in Ethereum Layer 2 networks has slid back to roughly $5 billion, a level last seen in 2023. That marks a reversal from 2024, when Layer 2 adoption accelerated and TVL surged across networks such as Arbitrum, Optimism and ZKsync.