Overview of the Layer-2 picture 📌📌📌

🟢 TVL

➡️ Arbitrum and Base are two Layer-2 projects with impressive growth in TVL in the first half of 2024.

Arbitrum increased 2.4 times compared to the beginning of the year (from 1.3 million USD to 3.1 million USD), Base increased 3.8 times compared to the beginning of the year (from 443 million USD to 1.7 million USD).

➡️ Besides, Mode Network - Layer-2 project built based on OP stack technology has seen TVL grow more than 20 times since mainnet, becoming the Layer 2 with the largest growth in TVL in the first half of 2024.

🟢 Daily transactions

➡️ Linea saw a spike in “user activity” in early April after launching its "Linea Voyage: The Surge" campaign.

Users are encouraged to interact with#DeFiprotocols in the Linea ecosystem for a chance to receive future airdrops.

➡️ Base surpassed Arbitrum to become the network with the most active users after launching Coinbase's smart wallet in June, allowing users to transact on Base without having to pay gas fees.