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Ethereum’s Layer 2 Networks Break $51.5B TVL Barrier – What’s Driving the Surge
Cryptocurrency

Ethereum’s Layer 2 Networks Break $51.5B TVL Barrier – What’s Driving the Surge
By Andrej Kovacevic 29th Nov 2024
Ethereum’s Layer 2 Networks Break $51.5B TVL Barrier – What’s Driving the Surge
Cryptocurrency
Cryptocurrency

Ethereum’s Layer 2 Networks Break $51.5B TVL Barrier – What’s Driving the Surge

Ethereum continues to solidify its dominance in the blockchain space, with its Layer 2 (L2) networks achieving an all-time high in Total Value Locked (TVL) of $51.5 billion. This represents a staggering 205% growth compared to $16.6 billion recorded in November 2023, as per data from L2beat. This remarkable expansion underscores the growing adoption of…

By Andrej Kovacevic 29th November 2024

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