Coinbase’s Layer 2 network has experienced a swift expansion, propelling it to one of the top three Layer 2 networks in terms of Total Value Locked (TVL). This development 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 enhanced throughput and streamlined transaction processing. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is expected to drive continued advancements and enhancements in Blockchain scalability.
