Coinbase’s Layer 2 network has seen a rapid expansion, propelling it to a top-ranking position among Layer 2 networks in terms of Total Value Locked (TVL). This upward trajectory 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, paving the way for enhanced transaction speeds and improved efficiency. With the ecosystem evolving at a rapid pace, the rivalry between optimistic rollups and zkRollups is poised to drive continued advancements in Blockchain scalability, fostering further innovation in the space.
