Data: Ethereum Layer 2 Locked Value Hits New ETH-Based High, Reaching 14.65 Million ETH

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September 18, 2024
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On September 18th, Leon Waidmann, Head of Research at on-chain analytics platform Onchain HQ, published data showing that the Ethereum Layer 2 ecosystem is experiencing strong momentum, with total value locked (TVL) reaching a new all-time high of 14.65 million ETH.

Waidmann emphasized that this growth is not just reflected in dollar value, but also in the increasing amount of ETH locked, indicating the rapid expansion of the Ethereum ecosystem.

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