Ethereum Layer 2, Total Deposited Assets $44.5 Billion… Decreased by 6.66% in a Week

Source
Minseung Kang

Summary

  • L2BEAT reported that the total assets deposited in Ethereum's Layer 2 network decreased by 6.66% in a week, recording $44.57 billion.
  • Experts stated that while the amount of Ethereum deposited decreased by 4.83%, the decline in the dollar-denominated deposit was larger due to the price drop.
  • Arbitrum One recorded $16.49 billion, maintaining the top market share, followed by Coinbase Base and Optimism.

According to the blockchain data statistics site L2BEAT, as of 15:24 on the 25th, the total value locked (TVL) in Ethereum (ETH)'s Layer 2 network recorded $44.57 billion, a decrease of 6.66% compared to the previous week. This is approximately 63.8019 trillion won.

During the same period, the amount of Ethereum deposited decreased by 4.83%, but as the Ethereum price fell, the dollar-denominated deposit size decreased even more significantly.

In particular, Arbitrum One (ARB)'s TVL maintained the top market share in the entire Layer 2 network at $16.49 billion. Following this, Coinbase Base recorded $13.94 billion, and Optimism (OP) recorded $6.8 billion. zkSync Era recorded $1.08 billion, and Blast recorded $805.3 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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