Ethereum Layer 2 Networks See Increase In Total Locked Value

According to PANews, data from L2BEAT indicates that the total locked value in Ethereum Layer 2 networks has reached $38.24 billion, marking a 5.83% increase over the past seven days. The top five networks by locked value are Arbitrum One, Base, OP Mainnet, Scroll, and Blast. Arbitrum One leads with $13.78 billion in locked value, experiencing a 4.59% rise over the week. Base follows with $7.93 billion, showing a 7.53% increase. OP Mainnet holds $6.4 billion, up by 4.23%. Scroll has $1.5 billion, with a notable 9.72% increase, and Blast rounds out the top five with $1.45 billion, up by 2.74%.