Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Ethereum Layer-2 TVL hits an all-time high of $21 billion.
TRADING NEWS

Ethereum Layer-2 TVL hits an all-time high of $21 billion.

By Crypto FlexsJanuary 5, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Layer-2 TVL hits an all-time high of  billion.
Share
Facebook Twitter LinkedIn Pinterest Email

The total value of fixed assets (TVL) on the Ethereum (ETH) layer 2 network has exceeded $20 billion.

According to the L2beat platform, TVL briefly exceeded $21 billion on January 5, before eventually falling to $20.41 billion as of this writing. This is a new milestone for Ethereum-based Layer 2.

Source: L2beat

Moreover, Tier 2 TVL is not far from its peak, having increased 33% over the past month to its current level of $20.4 billion. However, L2 TVL has grown by a whopping 333% over the past year, from approximately $4.8 billion in early January 2023.

According to DeFiLlama, during the same period, the DeFi market grew by just 38% in terms of TVL.

Ethereum Layer-2 TVL reaches an all-time high of $21 billion.  - 2
Source: DeFiLlama

Arbitrum One remained the market leader with nearly 50% share in TVL, accounting for approximately $10 billion. Optimism (OP Mainnet) ranked second with a TVL of $5.8 billion and a market share of 28.7%.

The remaining Tier 2 platforms are relatively small in terms of TVL, with Metis Andromeda and Base coming in third and fourth with TVL worth approximately $750 million, respectively.

Ethereum Layer-2 TVL reaches an all-time high of $21 billion.  - 3

Earlier this week, Arbitrum One’s TVL surpassed $10 billion, setting a new record. This figure has fallen from over $10.2 billion to $10.05 billion at the time of writing. Interest has grown over the past year, with global decentralized finance (defi) TVL rising to $55.34 billion by early 2024.

Follow us on Google News

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

XRP price falls 6% as market crash causes whales to flee

October 15, 2025
Add A Comment

Comments are closed.

Recent Posts

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Seascape Launches First Tokenized BNB Treasury Strategy On Binance Smart Chain

October 16, 2025

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

ZBCN is tradable!

October 15, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025
Most Popular

The new EIP can improve layer 1 speed by 33%.

October 8, 2024

Co-founder of TON Society for mass adoption of cryptocurrency

October 27, 2024

Arbitrum Token Price Drops Below $2: What’s Next for ARB? – DeFi information

February 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.