network upgrade

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A dynamic and futuristic illustration of Ethereum Layer 2 networks, with visual representations of Arbitrum One, OP Mainnet, and Base, highlighting their respective TVLs. Include elements that symbolize the SEC's approval of Ethereum ETFs and upcoming network upgrades.

Ethereum L2s Hit Record TVL of $47 Billion

Arbitrum One leads the pack with $19.3 billion in total value locked

The total value locked (TVL) of Ethereum Layer 2 networks has reached an unprecedented $47.45 billion. This surge is attributed to the SEC's recent approval of spot Ethereum ETFs and upcoming network upgrades.

May 27, 2024 10:50 AM

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