Layer 2 scaling solutions on Ethereum have reached a combined TVL of over $80 billion, marking a new era for decentralized applications.
Arbitrum, Optimism, and the newer zkSync Era have all reported significant growth in both user activity and total value locked. The improvements in transaction speed and cost reduction have made Ethereum-based DeFi accessible to millions of new users.
The Dencun upgrade, which introduced proto-danksharding, has dramatically reduced L2 transaction costs by over 90%. This has led to an explosion of activity on rollup networks.
Developers are increasingly choosing L2 platforms for new project launches, citing the combination of Ethereum security with near-instant finality and minimal gas fees.