As of September 13, data from L2BEAT indicates that the total value locked (TVL) in Ethereum Layer2 solutions has risen to $35 billion marking a 5.33% increase over the past week.
L2BEAT is an analytics and research website about Ethereum Layer2 scaling, on it, you will find in depth comparison of major protocols live on Ethereum.
The latest market update on Ethereum Layer2 reveals significant growth and dominance in the market cap of various digital assets. Arbitrum One comes out on top, leading with an impressive $13.74 billion and experiencing a notable 2.54% increase over the week. Following closely is The Base, with a market cap of $6.3 billion, showcasing a substantial 7.27% rise. Additionally, OP Mainnet holds a commendable $5.89 billion, demonstrating a strong 7.06% weekly growth.
These impressive numbers highlight the ongoing growth and potential within the cryptocurrency market. Investors and enthusiasts alike can observe the upward trajectory of these digital assets, signaling a positive trend within the industry. As the market continues to evolve, keeping a close eye on these developments can provide valuable insights for informed decision-making and investment strategies.
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