Ethereum Layer 2 Adoption Hits Record Highs
Layer 2 solutions on Ethereum are processing more transactions than ever, with total value locked exceeding $50 billion.
·5 min read
Ethereum Layer 2 networks have reached unprecedented adoption levels, with combined TVL surpassing $50 billion. Solutions like Arbitrum, Optimism, and Base are leading the charge in scaling Ethereum for mainstream use.
The growth in L2 adoption has been driven by significantly lower transaction fees and faster confirmation times compared to the Ethereum mainnet.