Coinbase’s Layer 2 network has experienced a swift expansion, propelling it to one of the top three Layer 2 networks by 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, leading to enhanced throughput and streamlined transaction processing. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is poised to drive additional advancements and enhancements in Blockchain scalability.
