Coinbase’s Layer 2 network has experienced a swift expansion, solidifying its position among the top three Layer 2 networks based on Total Value Locked (TVL). This surge highlights the growing significance of Layer 2 networks within the Ethereum ecosystem. These innovative solutions play a crucial role in easing congestion on the primary Ethereum Blockchain, ultimately leading to increased transaction throughput and enhanced efficiency. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is expected to drive additional advancements and enhancements in Blockchain scalability.
