Coinbase’s Layer 2 network has experienced swift expansion, propelling it to one of the top three Layer 2 networks based on TVL. This significant achievement 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, leading to increased transaction throughput and improved efficiency. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is expected to drive additional advancements and enhancements in Blockchain scalability.
