Ethereum Layer 2 TVL Surges 13% To New All-Time High
Although Ethereum is no longer the only smart contract playing in the space, it has maintained dominance on the market. This has led to an increase in adoption in the Ethereum blockchain, with the majority of developers choosing to deploy their decentralized applications (DApps) on the blockchain to gain the most exposure. As such, DeFi […]
Related News
Ethereum surged 15% and it traded to a new all-time high near $1,475 against the US Dollar. ETH price is currently correcting lower, but it is likely to remain well bid above $1,350. Ethereum started a fresh surge above the $1,350 and $1,400 resistance levels. The price traded as high as $1,476 and it is […]
Ethereum has once again broken another all-time high. The digital asset set the new record following along with bitcoin’s run that saw the latter set a record of its own above $68,000. Ethereum has been on a bullish roll lately and has not slowed down as momentum continues to stay up. This time, ETH had […]
Ethereum broke the $1,850 resistance to continue higher against the US Dollar. ETH price traded to a new all-time high at $1,917 and it remains supported for more upsides. Ethereum started a fresh increase above the $1,850 barrier and traded as high as $1,917. The price is now trading well above $1,850 and the 100 […]
The Ethereum scaling solution has surpassed $1 billion in total value locked within a matter of weeks. According to data from DeFi Llama, total value locked (TVL) on Optimism, a layer-two scaling solution for the Ethereum blockchain, has surged 284% in the past month. The vast majority of TVL consists of users lending and borrowing assets on Aave through Optimism's layer-two chain.Investors have been bidding up digital assets related to the Ethereum ecosystem in anticipation of The Merge upgrade, which will see the blockchain transition from a proof-of-work network to that based on....
Layer 2 TVL has more than doubled over the past couple of months, hitting a new all-time high of $5.64 billion. The total value locked (TVL) on Ethereum layer two (L2) networks has surged to a new peak as gas fees continue to steadily rise. Layer 2 analytics platform L2beat currently reports that the total amount of ETH locked across various L2 protocols and networks has reached an all-time high of $5.64 billion. L2 scaling solutions provide much higher transaction throughput and lower transaction fees, and they have surged in terms of adoption in November which has seen the highest....