Ethereum Layer 2 Networks See Increase In Total Value Locked

According to PANews, data from L2BEAT indicates that the total value locked (TVL) in Ethereum Layer 2 networks has reached $46.53 billion, marking a 1.62% increase over the past week. The top five networks by TVL are Arbitrum One with $17.72 billion, experiencing a 0.06% rise; Base with $14.31 billion, up by 5.02%; OP Mainnet with $7.19 billion, increasing by 1.04%; ZKsync Era with $1.16 billion, which saw a decrease of 2.09%; and Blast with $929 million, down by 5.44%.