Information on the top 7 Layer 2 blockchains based on the number of active addresses:
Base has the highest number of active users at 1.43M per day, indicating strong appeal and high usage. Total value locked (TVL) is $3.25B, ranking second in TVL. This may reflect user interest and high liquidity on the platform.
Celo has 650K active addresses, taking the second spot, but has a modest TVL of just $129M. This disparity may suggest that users are mainly using the platform for small-scale transactions or decentralized purposes rather than large investments.
Arbitrum has the third highest number of active addresses at 470K, but has the highest TVL at $4.01B. This suggests that Arbitrum is attracting large investors and could be a reliable platform for large DeFi operations.
Scroll, Linea, Optimism, and zkSync have lower active addresses and TVL. While these platforms attract a certain amount of users, low TVL could indicate lack of competition in terms of liquidity or limited application.
Overview:
Base and Arbitrum stand out in both user activity and TVL, suggesting their dominance in the Layer 2 market.
Celo shows potential for growth in user acquisition but needs to improve TVL to optimize the value of the platform. Other platforms such as Scroll, Linea, Optimism, and zkSync may need to improve features or liquidity to attract more investors.
KEEP AN EYES ON BASE, EVERYONE!!
