Coinbase’s Layer 2 network has experienced swift expansion, propelling it to a prominent position among the top three Layer 2 networks in terms of Total Value Locked (TVL). This trend 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 capacity and enhanced transaction efficiency. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is anticipated to drive continued innovation and advancements in Blockchain scalability.
