Coinbase’s Layer 2 network has seen exponential growth, propelling it to the ranks 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. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is expected to drive even more innovation and advancements in Blockchain scalability.
