Ethereum L2 Networks Achieve $51B TVL After 205% Growth
Ethereum L2 Networks Achieve $51B TVL After 205% Growth
The Ethereum ecosystem continues its upward trajectory, showcasing surging investor interest in Ethereum-native assets. Layer-2 (L2) networks, designed to scale Ethereum's capacity, have reached an all-time high of $51.5 billion in cumulative total value locked (TVL), according to data from L2beat. This marks an impressive 205% increase from $16.6 billion in November 2023.
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