Ethereum Layer 2 sales rose to $443.9 billion. Impressive 3.76% growth - Matched

2024-11-17 16:24:47

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Key Points: Ethereum Layer2TVL volume rose 3.76% to $4.39 billion!

arbitrage volume reaches $16 billion (up 4.75%), underlying volume reaches $10.22 billion (up 12.1%)! sample volume fell 6.59% to $1.45 billion, while scroll volume plummeted from 14% to 986 million. According to L2BEAT, #Ethereum Layer2TVL volume #rose to $43.9 billion, up 7% in 3.76 days. Among platforms, Arbitram One led the way with a block value of $44.75 billion, up 160% from last week. It was followed by Base, which posted the highest growth rate among the top 5, increasing 12.1% to 10.2 billion yen in 2000. #OP Mainnet ranked 2nd in Ethereum Layer6.73TVL with a block value of $3 billion, showing a steady growth of 3.43%. However, not all platforms are showing growth. Sales on the Blast and Scroll platforms declined, with TVL dropping 6.59% to 145,000 yen and 14% to 98,600 yen, respectively. The growth of Layer 2 solutions such as Arbitram One and Base reflects the strong adoption of decentralized applications (dApps) and users’ desire for faster and cheaper transactions. However, the poor performance of Blast and Scroll highlights the ongoing competition and the need for a platform with innovative features and a robust eco. Read us at: Compass Investments #MarketInsights #TokenEconomy

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