The top five locked positions in the Ethereum Layer 2 ecosystem are as follows: Arbitrum One, with a TVL of $13.74 billion (up 3.77% from the 7th); Base ($7.89 billion, up 6.54%); OP Mainnet ($6.4 billion, up 2.71%); Blast ($1.44 billion, up 2.10%); and Mantle ($1.43 billion, up 5.59% in 7 days).
The continuous growth of Ethereum Layer 2’s TVL demonstratecases the potential of these solutions in improving the scalability and efficiency of the Ethereum network. This figure represents a 4.55% boost from the 7th, and highlights the growing popularity of Ethereum Layer 2 solutions. As the blockchain industry continues to evolve, it is to be expected that more projects will adopt Layer 2 technologies to address the challenges associated with Ethereum’s current infrastructure.
Ethereum Layer 2’s total locked position (TVL) has reached a staggering $38.04 billion on October 19, according to L2BEAT data.
