Coinbase’s Layer 2 network has experienced swift expansion, propelling it to one 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 relieving congestion on the primary Ethereum Blockchain, allowing for increased transaction throughput and enhanced efficiency. As the ecosystem evolves, the rivalry between optimistic rollups and zkRollups is poised to drive even more advancements and enhancements in Blockchain scalability.
