Coinbase’s Layer 2 network has experienced swift expansion, propelling it to one of the top three Layer 2 networks by Total Value Locked (TVL). This surge underscores 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, facilitating increased throughput and streamlined transaction processing. With the ecosystem evolving rapidly, the rivalry between optimistic rollups and zkRollups is expected to drive ongoing advancements in Blockchain scalability, fostering further innovation.
