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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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