Ethereum Layer 2, Total Deposited Assets $44.4 Billion... Decreased by 13.6% in a Week

Source
Minseung Kang

Summary

  • It was reported that the total deposited assets in the Ethereum Layer 2 network decreased by 13.6% in a week.
  • It was stated that the deposit size in dollar terms fell sharply due to the decline in Ethereum prices.
  • Arbitrum One is reported to maintain its market share lead in the Layer 2 network.
Image = L2BEAT Capture
Image = L2BEAT Capture

According to the blockchain data statistics site L2BEAT, as of 15:10 on the 13th, the total asset (TVL) size deposited in the Ethereum (ETH) Layer 2 network recorded $44.49 billion (approximately 65.4314 trillion won), a decrease of 13.6% compared to the previous week.

During the same period, the amount of Ethereum deposited decreased by 2.45%, but as the Ethereum price fell, the dollar-based deposit size fell even more sharply.

In particular, Arbitrum One (ARB) maintained its market share lead in the entire Layer 2 network with a TVL of $17.41 billion. Following this, Coinbase Base recorded $13.3 billion, and Optimism (OP) recorded $7.03 billion. zkSync Era recorded $1.17 billion, and Blast (BLAST) recorded $973 million.

Layer 2 refers to a network that implements a separate device to process data outside the blockchain, reducing fees and increasing processing speed.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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